Argentina enforces biodiesel blend
In Argentina a new mandate ensuring 5% of all diesel contain biomass-derived sources has come into force, according to reports.
Estimates put the amount of biodiesel required to fulfill this at 859,000 tonnes a year.
Argentina is a leading exporter of biodiesel and the world’s number one soyabean oil supplier.
With smaller plants unable to meet the extra annual demand created by the 5% blend requirement, Argentina has opened this year's supply quota to big oilseed crushers such as Vicentin, Glencore, Louis Dreyfus and Molinos Rio de La Plata.
Argentina produced about 1.2 million tonnes of biodiesel in 2009 and industry groups estimate an output of between 1.6 million and 2.2 million tonnes this year.
Estimates put the amount of biodiesel required to fulfill this at 859,000 tonnes a year.
Argentina is a leading exporter of biodiesel and the world’s number one soyabean oil supplier.
With smaller plants unable to meet the extra annual demand created by the 5% blend requirement, Argentina has opened this year's supply quota to big oilseed crushers such as Vicentin, Glencore, Louis Dreyfus and Molinos Rio de La Plata.
Argentina produced about 1.2 million tonnes of biodiesel in 2009 and industry groups estimate an output of between 1.6 million and 2.2 million tonnes this year.
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