Oleochemicals group is opposed to European proposals for biofuel use. (Oils, Fats & Waxes).(use and taxation of biomass energy)(Brief Article)

Chemical Market Reporter, September, 2002 by Guzman, Doris de

APAG, the European oleochemicals and allied products group, is urging the European Commission (EC) to review its proposals on the reduction of excise rates on biofuels and the compulsory use of biofuel in transportation. The group, representing 36 European producers and suppliers of fatty acids, glycerine, alcohols, metallic soaps and fatty nitrile and derivatives, says the proposal will seriously distort oleochemicals trade, as subsidized production of biodiesel will generate large quantities of the by-product glycerine.

"These additional quantities will come into competition with the current world production of glycerine," says APAG "Such massive quantities of glycerine are likely to have a disastrous effect on the global glycerine market and will create...

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