Biodiesel capacity increasing before EU mandate
12 December 2006 12:11 [Source: ICIS news]
LONDON (ICIS news)--Ineos said on Monday that it plans to build a 500,000 tonne/year biodiesel plant in Antwerp, Belgium, for start-up in early 2009.
This would be the latest addition to the market as companies are racing to invest in new capacity ahead of a European Union mandate that all petroleum-based diesel fuel includes 5.75% biodiesel over the next four years.
The European Commission directive calls for the biofuels content of road transport fuels used in member states to rise to 5.75% by 2010 and 20% by 2020.
There was ongoing concern amongst biodiesel market sources in early December over soaring palm oil, soya oil and vegetable prices, leading to talk that biodiesel producers’ margins were being seriously squeezed, and that smaller producers could be pushed out of the market, according to global chemical market intelligence service ICIS pricing.
Some industry sources were sceptical as to whether the many biodiesel plants set to come onstream next year would materialise and, if so, whether they will genuinely produce at their announced capacity.
Below is a table of biodiesel plants reported currently under construction by ICIS news.
Company Location Capacity (tonne/year) Expected start-up Acciona 200,000 Q1 2009 Acciona / Repsol YPF 200,000 Q4 2007 - Q1 2008 200,000 100,000 400,000 Activos 40,000 March 2007 40,000 40,000 80,000 September 2008 80,000 Becco Biofuels 128,000 early 2007 Biodiesel Rostock 200,000 - Bionor 550,000 late 2008 Biopetrol Rotterdam 400,000 Jul 2007 Biovalue 70,000 mid-2007 Bunge Deutschland 100,000 - Bunge Iberica 200,000 ( early 2007 Cargill 200,000 - Cepsa 200,000 2007 Cepsa/ Abengoa Bioenergy 200,000 - Daka Biodiesel 55,000 2008 Diester Industrie Le Meriot, France 250,000 2007 Montoir, France 250,000 2007 250,000 2008 250,000 2008 250,000 2008 Dosbio 200,000 H2 2008 200,000 2008 200,000 H1 2008 Eko Petroleum 150,000 Q4 2007 Elstar 50,000 Q1 2007 expansion to 150,000 2008 Emerald Biodiesel Neubrandenburg 40,000 - Eolia Mistral/Entaban Ecoenereticas Bilbao, Seville and Ferrol, Spain (3 plants) 450,000 Q1 2008 ( EOP Biodiesel expansion to 132,000 early 2007 Greenergy 100,000 January 2007 100,000 August 2007 100,000 Q4 2007 Greenline 25,000 Jan 2007 Ineos expansion to 220,000 2008 500,000 2008 500,000 early 2009 Infinita Renovables 3 x 300,000 2008 Neckermann-Renewables over 200,000 Dec 2006 Neste 170,000 mid-2007 170,000 late 2008 Neochim 200,000 Q4 2006 PKN Orlen expansion by 100,000 Q4 2006 200,000 2009 Saria 31,000 Sept - 2007 Sos Cuetara 200,000 late 2007 Sudstarke 100,000 -
(Additional reporting by Nicolette Allen)
By: Mark Watts
+44 20 8652 3214
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