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- What is China Biodiesel?
- China Biodiesel is a leading producer of biodiesel from vegetable oil and animal fat in China. China Biosource is a UK owned refinery that produces quality, eco-friendly biodiesel, glycerine, and other industrial chemicals using China's waste cooking, animal, and vegetable oils.
- Will China win a new market for biodiesel?
- China is looking to win over new markets for its biodiesel and other biofuel products as its largest buyer so far, the EU, imposed on Friday anti-dumping duties on Chinese imports, analysts and executives told Reuters. The European Commission opened in December 2023 an investigation into biodiesel products originating from China.
- What happened to China's biodiesel exports?
- The bloc took in a massive 90% share of all biodiesel exports from China. But this year, Chinese exports to the EU plunged after the investigation was launched in December 2023. China’s biodiesel exports to the EU plunged by 51% annually to 567,440 tons in the first half of 2024, per Chinese customs data cited by Reuters.
- Will China's biodiesel exports fall off a cliff?
- China’s producers have already seen their exports to the EU fall off a cliff in recent months after the EU opened the investigation into the anti-dumping practices. Last year, China’s biodiesel exports to the EU hit a record-high of 1.8 million tons, according to data compiled by Reuters.
- Who is a provider of biodiesel solutions?
- Targray is one of the largest international ISCC-certified biodiesel solution providers. We can provide large scale biodiesel production facilities and crude oil refineries with commercial quantities of used cooking oil, soybean oil, animal fats, and other biofuel feedstock used to produce biodiesel and other renewable fuels.
- Will China sell more biofuels to the EU?
- The Chinese firms are looking to sell more biofuels for the shipping industry in China and in Singapore, the world’s biggest marine fuel hub. China’s producers have already seen their exports to the EU fall off a cliff in recent months after the EU opened the investigation into the anti-dumping practices.
