EUROPE’S BIO-BASED OILS AND FATS SECTOR EYES STEADY GROWTH IN 2020s
January 12th, 2022
While a projected boom in renewable diesel production is expected to disrupt the American bio-based oils and fats market, a swifter adoption of electric transport technology in Europe is likely to reduce this impact in the European Union (EU), the European Commission has projected.
The EU executive, in its agricultural outlook for 2021-31, (1) said that biofuel demand will start to “decrease as road transport fuel use starts to trickle away”. This, predicted the Commission, based on data from its Joint Research Centre (JRC), means that EU biodiesel use ...
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