October 28, 2015
BY Ron Kotrba
The European Investment Bank is considering investing 38 million euros ($42 million) in Biom d.o.o.’s 100,000-ton (30 Mmgy) multifeedstock biodiesel plant in Croatia, to be built by Austria-based BDI-BioEnergy International AG. The EIB says the total cost of the project is 50 million euros.
In 2013, Biom signed a contract with BDI-BioEnergy International worth more than 20 million euros to build what would be Croatia’s first multifeedstock biodiesel plant, using animal fats and used cooking oil as feedstock.
In its 2014 year-end financial statements, BDI-BioEnergy International noted the Croatian project was delayed due to difficulties in gaining project financing and regulatory approval, which impacted BDI-BioEnergy International’s bottom line. The EIB says an environmental impact assessment was prepared in 2013 and the project received its main environmental permits.
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BWC Terminals on April 22 celebrated the official completion of its expanded renewable fuels terminal at the Port of Stockton. The facility is designed to safely and efficiently transfer renewable diesel and biodiesel from marine vessels.
Repsol and Bunge on April 25 announced plans to incorporate the use of camelina and safflower feedstocks in the production of renewable fuels, including renewable diesel and sustainable aviation fuel (SAF).
Renewable Fuels Month highlights the importance of renewable biofuels, such as ethanol and biodiesel. The month of May marks the beginning of the summer driving season, making it an ideal time to fuel up on clean and cost-saving biofuels.
PBF Energy on May 1 announced that its St. Bernard Renewables facility produced approximately 10,000 barrels per day of renewable diesel during Q1, down from 17,000 barrels per day during the Q4 2024.
Germany-based Mabanaft on April 17 announced it started to supply SAF to airlines at Frankfurt Airport in January. The company said it will deliver more than 1,000 metric tons of SAF to the airport this year under the European SAF mandate.