New leadership at Lifecycle Oils fuels growth

Walsall-headquartered Lifecycle Oils, which collects and processes used cooking oil into biofuels like biodiesel and sustainable aviation fuel, has appointed a new leadership team to support its growth. 

Adam Thompson, previously chief financial officer, is now chief executive, while Graeme McFaull becomes non-executive chairman. 

Adam brings expertise in energy, logistics, and manufacturing, Graeme McFaull has more than 25 years’ experience in logistics and food industries, including as chief executive of Wincanton PLC.

Adam said: “We have ambitious plans to become a key player in the UK renewable energy market by transforming yesterday’s cooking oil into tomorrow’s green energy. 

“With nationwide coverage, expansive capacity and our new state of the art production facility in Wednesbury, Lifecycle Oils is perfectly positioned to meet growing domestic and international demand for greener biofuels and sustainable aviation fuels.

“Our mission is to support the transformation of the UK energy system for the benefit of people and the planet. 

“To achieve this, we’ll drive sustainable growth by expanding our nationwide collection network, diversifying into new areas of the food industry, developing our waste oil collection service and building further production capacity.”

Joining Adam and Graeme are Mark Mansfield as operations director and Suzanne McKenzie as sales director.

The appointments come after further investment from Gresham House’s Sustainable Infrastructure ‘BSIF’ funds. 

Lifecycle Oils plans to expand its UK network and processing facilities to meet rising demand for sustainable biofuels and circular solutions in the food industry. 

Simon Adcock, managing director and co-fund manager of the Gresham House Sustainable Infrastructure ‘BSIF’ funds, added: “We are delighted to welcome Graeme, Suzanne and Mark to our portfolio company Lifecycle Oils, and to announce the promotion of Adam to chief executive.  

“Lifecycle Oils is a rapidly growing business and will be a key player in the UK biofuel production supply chain, helping the UK Government to meet its ambitious targets for the sector.  

“We are pleased to have attracted, and be working with, such a high calibre management team.”

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