BioVerde Bets on Europe Biodiesel Demand, Brazil Market Brimming
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BioVerde Industria e Comercio de Biocombustiveis SA, which is building Brazil’s biggest biodiesel refinery, expects to sell 40 percent of its output in Europe by 2015 as an alternative to a saturated domestic market.
BioVerde is in talks to sign its first supply contracts with European fuel distributors, in Italy and Spain, and expects to begin shipments within 90 days, President Ailton Braga Domingues said in a telephone interview.