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Repsol YPF heads a 22 million euro bio-diesel research project

Press Release 24/04/2006 07:00
  • Repsol YPF will head the business consortium conducting the project, which will comprise 15 Spanish companies from various sectors.
  • The project will take advantage of feedstock abundant in Spain.
  • This venture receives financial support from the state as a CENIT (Centre for Innovation in Transport) programme, granted for large-scale projects deemed strategic for the future and of international projection.
  • It will be possible to cut the production cost of bio-diesel, while reducing carbon emissions and dependence on imported oil products.
  • Repsol YPF is one of the worlds largest producers of bio-fuel.