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NNFCC News Review: Biofuels Issue 108, March 2021

Category: biofuels
Published: 23/03/2021
Author: NNFCC
Each month we review the latest news and select key announcements and commentary from across the biofuels sector.

Foreword 

Used Cooking Oil (UCO) prices in Europe have hit an all-time high, with a maximum rate reaching as much as $1,015/ton last month. This is predominantly due to the lack of available containers which has led to a reduction in UCO imports from China – Europe’s main supplier. In addition, lockdown measures across the continent, which forced the hospitality sector to shut down, have resulted in lower UCO collections, driving prices higher.

Those high UCO prices are impacting the European Ucome (Used Cooking Oil Methyl Ester) biodiesel market. The added pressure of reduced biodiesel demand due to the Covid-19 pandemic means that Ucome biodiesel production margins continue to be negatively impacted. As a result, several European Ucome producers are considering reducing or stopping production...

Other news this month includes:

Markets

  • Chinese export problems leads to high UCO price
  • UPI looks to boost Biopropane
  • Malaysia is a net importer of UCO

Research and Development

  • Shell's plans for decarbonisation
  • More shipping lines trial biofuels
  • Greenergy development of tyre pyrolysis

Bioethanol

  • US Bioethanol interests - battling on, but facing political challenge
  • Carbon capture for US bioethanol refineries​

Biodiesel

  • Repsol to produce HVO
  • Maire Tecnimont Group and Essential Energy USA Corp partner for a new Renewable diesel biorefinery
  • More...

Aviation Biofuel

  • British Airways invests in ATJ
  • First low-carbon airfreight route between France and the United States
  • More...​

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