ECONOMY

Serbia set to start its first biodiesel plant in spring

BELGRADE (Reuters) – Serbia’s first biodiesel plant will open this spring, its developer said this week, to respond to growing environmental awareness in a country striving to bring pollution standards more in line with those of the European Union. Financially supported by the European Bank for Reconstruction and Development (EBRD), the Mladost refinery plans to start producing biodiesel from rapeseed, sunflower and soybean oils, its general manager Borivoj Jovicic told Reuters. «If the weather is nice, the plant will start producing on April 1. If not, we will start in May,» Jovicic said. «The plant will have a (designed) capacity of 100,000 tons of biodiesel and 35,000 tons of cooking oil,» Jovicic said of a unit, located in Sid, a few kilometers away from the border with Croatia.