Targray opens new biodiesel terminal in Antwerp, Belgium

By Ron Kotrba | October 07, 2019

International biodiesel marketer and distributor Targray has opened a new biodiesel terminal in Antwerp, Belgium. Targray’s Antwerp Biodiesel Terminal is a 24/7 biofuel storage and blending center serving fuel producers, distributors, traders and retailers in markets throughout Europe.

The terminal is strategically positioned within Europe’s largest petrochemical center and connects to EU customer bases through various transportation modes, including rail, sea, inland waterway, and over-the-road networks. Targray began taking orders at the new terminal in the third quarter of this year and supplies commercial volumes of biodiesel from a broad range of feedstocks.

According to Targray, the opening of its new biodiesel terminal comes as EU fuel suppliers seek to meet sustainability targets for two key European Commission regulations—the Fuel Quality Directive and the Renewable Energy Directive—entering their final year.

The FQD requires a reduction of the greenhouse gas intensity of transport fuels in the EU by a minimum of 6 percent. The RED sets a 20 percent target for renewable energy and a 10 percent target for renewable energy in transport. Both directives stipulate that targets must be achieved by the end of 2020.

 

 

 
 
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