Clifford Chance advised Petrotec AG in connection with an application for revocation of admission to trading of its shares on the regulated market (so-called delisting).

After approval of the application for revocation of the admission by the Frankfurt stock exchange, Petrotec AG's shares would then no longer be traded on any regulated market of any stock exchange.

The Petrotec Group, domiciled in Borken, is an industrial producer of waste-derived biodiesel and reached sales of EUR 167.2 million in its fiscal year 2014.

The Clifford Chance team comprised partner Dr. Thomas Stohlmeier, counsel Dr. Christian Vogel and associate Dr. Jochen Buckel (all Corporate, Düsseldorf).