The PREOL, a.s. Company was established on January 23, 2003 and acts as a competence centre for the production and development of biofuel within the AGROFERT, a.s. Concern. Its mission is:
- Operation of a rapeseed oil methyl ester production plant in Lovosice
- Trading in in-house products, fuel and biofuel in general
- Cooperation on promotion and development of biofuel in the Czech Republic and EU (member of SVB, EBB, ČTPB)
The rapeseed processing and rapeseed oil methyl ester production unit can be divided into two parts. The first part is vegetable oil production for food purposes. The other part is oleochemical production of rapeseed oil methyl ester and glycerine. The entire plant is situated in the industrial chemistry site in Lovosice and operates state-of-the-art production technology of the DeSmet Ballestra Belgian-Italian giant enterprise. The modern plant processes 460,000 tons of rapeseed annually, from which it produces rapeseed oil methyl ester (biofuel), extracted and extruded rapeseed meal (feed material), distilled glycerine and oil as a raw material for the production of edible rapeseed oil and edible rapeseed oil (from 2023).
PREOL, a.s. further participates in promotion and development of biofuel in the Czech Republic and European Union within the Association of Biodiesel Producers, European Biodiesel Board, Czech Technological Platform for Biofuel. In all these organizations it is a regular or associated member.
PREOL, a.s. has 140 employees at present.