Bunge Announces European Biodiesel Joint Venture

[RenewableEnergyAccess.com] Diester Industrie International (DII), which specializes in the production and marketing of biodiesel (vegetable oil methyl ester), will merge Bunge and Diester Industrie’s biodiesel assets in Europe, except those in France. DII will develop its activities in Europe within the framework of the EU directive promoting biofuel use, initially producing biofuels in Germany, Austria and Italy. Total production capacity is expected to reach more than 430,000 tons. Bunge’s European oilseed processing operations will supply a significant portion of the vegetable oil used by DII to create biodiesel.

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