19 October 2011 21:10 [Source: ICIS news]
VIENNA (ICIS)--Finland-based Neste Oil’s use of fats and oils as biodiesel feedstocks in ?xml:namespace>
Neste’s renewable diesel technology can use any fats and oils for feedstock. The company successfully started Europe’s largest renewable diesel plant in
Neste Oil also produces renewable diesel at two plants in
All three plants have been using palm oil, palm stearin, palm oil fatty acid distillate and rapeseed oil for feedstock.
But Neste and other biodiesel producers are now knocking on animal renderers’ doors for potential use of animal fats as feedstock to take advantage of EU government credit incentives, said Eddy Feijen, marketing and sales director at Belgium-based Oleon.
Tallow, a key oleochemical feedstock in
Feijen spoke at the ICIS 8th Global Oleochemicals conference.
“We know that European biofuel producers, not only Neste, have been shopping for animal fats for feedstock use, Feijen said. “Unfortunately, we are seeing that this trend has already been impacting the fatty acid market in
The premium for European tallow against oleochemical feedstock palm oil imported from southeast Asia has been widening for months, according to Oleon.
“This has placed European oleochemical producers at great disadvantage. The industry has been suffering for several months now,” added Feijen.
Neste Oil’s facilities in
The oleochemical conference ends on Thursday.
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