REG to furlough workers at idled renewable diesel facility in Germany

In Germany, Bloomberg reports Chevron Renewable Energy Group will furlough employees at is facility in Oeding in northern Germany as of August 1 having already been mothballed for months due to imports of Chinese used cooking oil that has sent the European biodiesel industry into a flurry. The German government will cover part of the employees’ salaries while on furlough. The facility recently was upgraded to expand the feedstocks it can handle, including UCO. Shell announced last week that it would termporarily halt construction at its renewable diesel facility under construction in Rotterdam as a result of the challenging European market at the moment.