Cargill draws line under German biodiesel plant

Cargill, a US-based agribusiness business, will be closing one of its two biodiesel plants in Germany.

The 120,000 tonne capacity per year facility has stopped production because of what Cargill calls an ‘overcapacity’ in the European green fuels sector. The plant is a joint venture with German agricultural co-op Agravis.

The recent announcement by the European Commission to reduce the amount of food crop-based biofuels allowed to be produced may well see the start of similar news throughout the continent, but Cargill confirmed an investor is being sought for the facility.

Cargill’s other facility, the 250,000 tonne capacity plant located near Frankfurt, has so far not been affected by any changes.