PUBLISHER: Freight News (www.freightnews.co.za)
Another day, another Maersk investment – or so it seems.
Maersk Growth, the corporate venture arm of A P Moller – Maersk (APM), yesterday announced an investment in Dutch startup Vertoro, which focuses on developing liquid lignin technology that can be used as a marine fuel.
“Maersk’s investment will be used to further develop and commercialise Vertoro’s patented liquid lignin technology, and it will enable Vertoro to build a demo plant, which will become operational in 2022,” said Peter Votkjaer Jorgensen, partner at Maersk Growth.
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