EU Biodiesel Terms Increasingly Complex
(Argus Media) Biodiesel trade terms are becoming increasingly complicated as buyers and sellers haggle over sustainability clauses, payments terms and water content.
Much of the wrangling has appeared over Fame 0 biodiesel compliant with the EU renewable energy directive (RED), known as RED Fame 0, as certain buyers are now requesting their own stricter regulations on the product.
These sterner compliances include ensuring the biodiesel components or feedstocks are not cultivated from areas of high biodiversity in accordance with important bird areas (IBAs) as defined by Birdlife International and biosphere reserves designated under the Unesco Man and the Biosphere programme.
A major issue is the lack of a concise framework as different nations have their own voluntary schemes to comply with the EU’s sustainability criteria. READ MORE