In France, Reuters reports Avril will try to offset lower sunflower crushing in Ukraine by boosting its own crushing volumes. Although the company had been planning to increase crushing to help reduce reliance on imports, the war has sped up implementation. The company currently crushes around 700,000 metric tons of sunflower but hopes to expand […]
In France, the European Investment Bank (EIB) and the agrifood group Avril announced the finalization of a €50 million loan for the financing of innovative projects in the fields of plant protein and plant chemistry. This is the first partnership of its kind between the EIB and the Avril Group. This contribution of additional long-term resources […]
In France, Reuters reports that on the back of competition from cheaper biodiesel imports, Avril is looking to potentially sell two of its biodiesel production assets as it looks to revamp the business unit. It is also going to stop importing palm oil as feedstock in line with European and French laws prohibiting its use […]
In France, Reuters reports that Avril’s full-year 2018 results improved significantly with a 26% increase in profit on the back of stronger biodiesel thanks to European policy that restricted the import of Argentine biodiesel and confirmation that 7% crop-based biofuel will be allowed to continue in the EU market through 2030. The company went from […]
In France, Reuters reports that Avril has decided to stop production at its two Saipol biofuel plants following wage protests by workers. Production halted on February 1 at its largest facility near the Port of Rouen as well as another as protests kept the company from being able to purchase rapeseed for feedstock. Short-lived protests […]
In France, Reuters reports that Avril has launched the country’s first commercially-available B100—Oleo-100 produced from 100% French-grown rapeseed—as it attempts to boost domestic consumption of biodiesel in the face of cheap imports of biodiesel from Argentina and Indonesia as well as palm oil imports that are heavily competing with rapeseed. The company currently produces as […]
In France, Reuters reports that Avril has been able to run at full production capacity since June thanks to increased demand and will continue to for another two months, but it plans to scale back down to running at half capacity for the next six months as it waits to see what the European Commission […]
In France, Avril said biodiesel prices are likely to improve following higher fossil diesel prices which allowed it to keep two of its five biodiesel plants to continue operating, rather than shut down all of them as had been expected when prices were too low. As a result, it expects to produce similar amounts of […]
In France, ‘SPI – Société de Projets Industriels’ (Industrial Projects Company) investment fund, financed by the French ‘Programme d’Investissements d’Avenir’ (Investments for the Future Program) and managed by Bpifrance, has joined forces with the Avril Group and the Israeli start-up Biopolymer Technologies (BPT) to create Evertree offering plant-based alternatives to traditional Volatile Organic Compounds (VOC)-emitting […]
In France, Avril has opened a 100,000 metric ton biodiesel production facility in Sete, helping to bring total production capacity to 1.7 million tons. The company mothballed two northern facilities in 2013 after the government retrenched on raising the biodiesel blend beyond the then-7%, but it inched the blend higher by 1% late last year. […]
