Simadan Holding has announced a €65m investment in a new biodiesel plant in Amsterdam to support growth in the biofuels market. The plant, operated by Simadan subsidiary Biodiesel Amsterdam, will increase biodiesel production capacity by 150,000 tonnes per year. The investment also includes a glycerine distillation factory to produce 50,000 tonnes of pharmaceutical grade bioglycerine annually. The new plant will be part of Europe's largest ecological industrial complex, which converts organic waste into biodiesel, green energy and bio raw materials. The construction of a quay and jetty for the supply and transport of biodiesel will be supervised by Port of Amsterdam.