Saras to start up Spanish biodiesel plant
Italian oil refiner Saras plans to start up a 200,000 tonne biodiesel plant in Cartagena, Spain, in December.
The plant will use various vegetable oils as feedstock. The refiner has estimated investment in the plant at €35 million.
Spain is due to introduce a 2.5% compulsory target for biofuels share in total car fuel use next year and raise it to 3.9% in 2010.
That target will require output of 655,000 tonnes of petroleum equivalent for the domestic market in 2009, according to renewable energy producers association APPA.
Spain produced 168,000 tonnes of biodiesel in 2007, and Italy reached 363,000 tonnes, according to the European Biodiesel Board.
The plant will use various vegetable oils as feedstock. The refiner has estimated investment in the plant at €35 million.
Spain is due to introduce a 2.5% compulsory target for biofuels share in total car fuel use next year and raise it to 3.9% in 2010.
That target will require output of 655,000 tonnes of petroleum equivalent for the domestic market in 2009, according to renewable energy producers association APPA.
Spain produced 168,000 tonnes of biodiesel in 2007, and Italy reached 363,000 tonnes, according to the European Biodiesel Board.
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