UFOP says that double counting from waste feedstocks has been main HVO driver

August 15, 2019 |

In Germany, UFOP says production of hydrogenated vegetable oil (HVO) in the European Union has picked up pace since 2012. Fossil fuel groups, such as Neste, Eni and Total, were the main entities promoting the creation of corresponding capacities. From the perspective of the Union zur Förderung von Oel- und Proteinpflanzen (UFOP), the key reason for the development is that the iLUC Regulation introduced in 2015 permits that biofuels from waste oils and fats can be counted double. At the same time, pressure on prices has increased in the international vegetable oil markets.

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Category: Producer News

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