Brazil to become world’s largest biodiesel consumer – trade group

27 October 2011 00:45  [Source: ICIS news]

PORTO ALEGRE, Brazil (ICIS)--Brazil may end the year as the largest biodiesel consumer in the world, surpassing Germany, a spokesperson for the trade group Associacao dos Produtores de Biodiesel do Brasil (Aprobio), said on Wednesday.

Brazil will consume 2.8bn litres of biodiesel, 17% more than last year, according to a projection by the association.

In Germany, the consumption of biodiesel should increase to 2.5bn litres this year from 2.4bn litres, the Brazil association said.

Germany will also lose its position as the largest biodiesel producer to Argentina, which will increase its production from to 3.2bn litres this year from 2.1bn litres, the trade group said.

"We have an idle capacity, but we won't be able to become the largest producer of biodiesel", said Aprobio president Erasmo Battistella, who also heads BSBios, a joint venture between BSBios and Petrobras Biocombustiveis.

The size of the Brazilian domestic market and the lack of competitiveness to export are some of the obstacles that country faces in order to become the world's largest producer of biodiesel, the trade group said.

Currently, the blend of biodiesel in diesel fuel in Brazil is limited to 5%.

By: Leo Siqueira
+1 713 525 2600

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