EU remains largest biodiesel producer
January 08, 2020
Biodiesel production in the EU has increased for another year, accounting for 34% of the 41M tonnes produced globally in 2018, according to Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) on 16 December.
The most important biodiesel producers in 2018 were the EU, the USA, Brazil and Argentina.
“Whereas European biodiesel is mainly based on rapeseed oil, soyabean oil is the primary source on the American continent,” the association said “It is used in biodiesel production in the wake of the steady expansion of soyabean area and soya processing to cover demand for soyabean meal for animal feeding.”
In the largest palm oil producers, Indonesia and Malaysia, biodiesel production was on a steady increase, driven by a rising glut and the associated pressure on prices in the vegetable oil markets.
The countries were raising their domestic blending quota requirements (Indonesia B20 to B30 and Malaysia B10 to B20) to stabilise producer prices and to reduce foreign exchange expenses on petroleum imports.