Our approach to waste-based biofuels

Current ecological revolution is a great opportunity for industries that want to benefit from circular economy

The challenge of circular economy

Historical and strategic engagement

since 2007, we are present on waste-based biofuels MARKET.
we are convinced that circular economy is a sustainable phenomenon.

What does it mean to be part of circular economy?

  • Considering sustainability of the products as their key aspect
  • Limiting competition with the food sector
  • Reducing the impact of biofuels on the environment
  • Promoting the recycling of waste-based feedstock

Biodiesel from Waste, towards a Circular Economy

80% of our transactions concern waste-based products.

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Used cooking oil collection: resources available to the biofuels industry

Used cooking oil ressource in Europe

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Used cooking oil collection market comes to maturity in Western Europe. However, there are still some resources to capture in the Eastern European countries.

Used cooking oil collection from households is only in its developmental stage in Europe. It can represent a source of growth in the future but the resources are limited and organisation is complex and costly.

Second generation biofuels: a sustainable solution

our vision of the market till 2020:

  • Greenea predicts that HVO production will more than double by 2020. 10 or 15% of that production will have to be based on waste-based feedstock.
  • The growth of second generation biodiesel production in Europe will be limited due to shortage of feedstock both in Europe and overseas.
  • Importation of feedstock is of key importance for the industry and Europe should become a leader in this field.
  • The growth of the sector will be possible due to use of new types of feedstock such as palm oil mill effluent (POME), tall oil, etc.

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Biodiesel & HVO demand in Europe

Only 10% of Europe’s demand is covered by imports. Greenea actively participates in sourcing of UCOME in Asia in order to satisfy the demand in Europe and establish a network of trusted producers.

Why second generation biofuels?

300000

direct work places created by waste-based biofuels sector in Europe till 2030

95%

possible GHG emission reduction compared to regular diesel

7%

limit established by the EU on biofuels produced from vegetable oils

3

number of kilograms of CO2 avoided per 1 litre of UCOME compared to the use of regular diesel

How do we see the evolution of the biofuels sector?

Circular

It is the precondition  for more effective waste recycling of waste-based feedstock. Circular economy improves the carbon footprint of biofuels.

Innovative

It is thanks to investments in new technologies (pretreatment and distillation columns) that market players are able to adapt to market demands and integrate new types of feedstock in to their production.

Integrated

Security of supplies, traceability and risk management are crucial for all the market players.