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Simadan Holding is investing 65 million ($88.6 million) in a 150,000 ton (45 MMgy) biodiesel plant in Amsterdam. The plant will be operated by Simadan subsidiary Biodiesel Amsterdam. The investment comprises a glycerin distillation plant scaled at 50,000 tons per year of pharmaceutical-grade product. The new plant comes under the biggest ecological industrial complex in Europe, notes Simadan Holding.