US Cargill closes Germany biodiesel plant, looks for buyer - reports

07 November 2012 17:14  [Source: ICIS news]

LONDON (ICIS)--US agribusiness and food group Cargill has closed one of its biodiesel plants in Germany and is looking to sell the facility, German media reported on Wednesday, citing a Cargill spokeswoman.

Cargill closed the 120,000 tonne/year plant at Wittenberge, northwest of Berlin, because of excess biodiesel capacity on the European market, the spokeswoman for Cargill in Germany said. The move affects 28 workers.

Media officials at Cargill’s German offices in Krefeld could not immediately be reached for additional comment.

According to information on its German website, Cargill also has a biodiesel plant in Frankfurt.

Last month, the European Commission published a proposal to limit the use of food-crops in the production of biofuels.

By: Stefan Baumgarten
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