150,000 tonne Rossi Biofuels biodiesel plant opens in Hungary

January 30, 2008

In Hungary, the 150,000 tonne Rossi Biofuels biodiesel plant has commenced operations in KomÃ¡rom. Austrian businessman Rudi Roth owns 75 percent of the $60 million project and joint venture partner MOL owns the remaining 25 percent. MOL will use 80 percent of the plant’s biodiesel at its refineries.

Biodiesel is relatively new to Eastern Europe. The first biodiesel plant in the region opened last August in Romania.

Late last year, the Slovak Oil-producers Association said that the country was the first of the Visegard countries - Slovakia, the Czech Republic, Poland and Hungary - to meet the Visegard goal of increasing biofuels share to 2 percent of the total fuel market.

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Written by Jim Lane · Filed Under International, Producer News