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Gold/Mining/Energy : Gasification Technologies

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To: Dennis Roth who wrote (1730)1/13/2013 7:53:24 AM
From: TheSlowLane   of 1740
 
Roman Abramovich invests in Oxford Catalysts fuel firm

Chelsea Football Club owner Roman Abramovich has bought a stake in a company that develops ways of turning household waste into fuel.

Oxford Catalysts raised £30.6m by selling a 3% stake as share options. The Russian businessman invested £4.3m.

Neville Hargreaves, business development director, said: "We believe we've got mutual interests... and we look forward to working with him."

The system is to be used by British Airways to create fuel for its planes.


bbc.co.uk
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