Last update: 23.12.2008
Europe’s shifting ethanol landscape
Source : biodieselmagazine.com
France has displaced Germany and Spain rising to the top of the European Union ethanol-production table in 2007, reported eBIO, the European Bioethanol Association in Brussels, Belgium. While overall European ethanol growth slowed, French production nearly doubled to 153 million gallons (578 million liters) while Germany’s output fell 9% and Spain’s dropped 12%. Throughout Europe, ethanol production grew 11% in 2007 – but at a fraction of the pace when compared to 2004 and 2005 when annual production growth topped 70%. Belgium-based eBIO attributed the slow growth in Europe to high feedstock prices and historically low prices of finished ethanol in third-party countries. Cereal prices, as a proportion of production inputs, pushed overall costs to a level that made it no longer profitable to produce.
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17 April 2008 |
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