Europe’s biofuels industry is under strain: cancellations, shutdowns and tighter margins

Europe’s biofuels sector has faced a string of setbacks. BP has decided not to proceed with a standalone biofuels plant in Rotterdam, signalling a pivot towards lower-risk co-processing in existing refineries and away from an earlier 2030 biofuels target. Days earlier, Shell concluded that completing its Rotterdam facility would not be competitive and chose to […]