30 June 2011 22:30 [Source: ICIS news]
PORTO ALEGRE, Brazil (ICIS)--Brazil-based BioVerde plans to export biodiesel to Europe by 2012, the company's president said on Thursday.
BioVerde is building a plant in Sorocaba, which will have a capacity of 400,000m3/year of biodiesel and which is scheduled to start in December.
With a facility in Taubate, which produces 181,000m3/year of biodiesel, BioVerde will be the largest biodiesel producer in Brazil, with a total capacity of 581,000m3/year.
Looking to the international biodiesel market, BioVerde expects to reach 40% of the European market, said president Ailton Braga Domingues, president of BioVerde.
The company is in talks with Spain and Italy and could begin exports by 2012, he said.
Doris de Guzman examines alternative processing, new technology, R&D and other sustainability initiatives in Green Chemicals
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|