EU biodiesel output growth slowed in 2007

Growth of the European Union’s biodiesel output slowed to not more than 10 percent in 2007 due to increasing competition from the U.S biodiesel, a senior European Biodiesel Board (EBB) official said on Friday.

“If we look at 2007 production, we expect an increase of not more than 10 percent compared to the previous year,” EBB Secretary General Raffaello Garofalo told Reuters on the sidelines of a bioenergy conference in Verona, northern Italy.

“Growth in 2007 was the worst in the past 10 years,” Garofalo said.
Garofalo said the EU output slowdown in 2007 was due to increasing imports of cheap subsidized U.S biodiesel and also the lack of political support for the green fuel in some EU states.

Reuters