GreenPark base for MT-EnergieBy Paul Robins
April 15, 2009
German biogas giant MT-Energie has become the latest multinational corporation to relocate to Reading.
The technology specialist has set up its first UK base at GreenPark in order to tap into the growing anaerobic digestion market.
The company is a leading designer and supplier of biogas production systems which convert organic waste materials into renewable energy.
Starting out on a family farm in the early 1990s, MT-Energie now provides one in five of Germany’s biogas plants and posted sales in excess of 60 million euros last year.
The company has 260 employees operating in North America and Europe, but managing director Dr Holger Schmitz said he was drawn to Reading because of the Government’s promotion of the technology.
“We see a considerable commitment to biogas in the UK,” he said. “The government has clearly declared themselves in favour of the expansion of renewable energy.
“We have repeatedly demonstrated in the past that we are able to establish ourselves very quickly to significantly contribute to a new market.
“We are convinced that our proven biogas technology will appeal to our British clientele as well.”
The company, based at a 15-acre compound in Zeven, specialises in developing digestion and injection systems which extract biogas fuel from both agricultural and commercial waste.
Much of this comes from large dairy farms where manure and other materials is pumped directly into the biogas plant.
MT-Energie also offers purification technology which removes the contaminants from the biogas so it can be pumped into the national gas pipelines.
Biogas specialist Hardy Radke has been appointed to lead the MT-Energie UK team from its new offices in GreenPark’s Brook Drive.
He said: “With our biogas plants, components and services we not only serve the agricultural market, but also the expanding organic waste market.
“Our product portfolio includes biogas plants treating organic waste from public and private sector sources, providing solutions for waste management infrastructure programmes in Great Britain.”
MT-Energie is one of a number of high profile overseas companies to arrive in the town in the past year, following Visa Europe’s acquisition of Kennet Wharf in Queens Road, American engineering firm CCE’s move to Kings Road, and American pharmaceutical giant Wyeth setting up home in GreenPark.
The move also adds further weight to the recent Inward Investment Report, which identified Reading as the top investment location in the South East.
According to the research, more than 300 foreign-owned firms have established a business presence in the Thames Valley in the past five years – and nearly 50 per cent of them chose Reading as their base.