The document summarizes a presentation given at a renewable fuels conference in Serbia. It discusses Victoria Group's plans to open the first biodiesel plant in Serbia, utilizing local raw materials like soybeans, sunflowers, and rapeseed. It outlines the production process and highlights the potential for biodiesel in Serbia and Europe due to existing crops and EU renewable energy targets.

7. PRODUCTION PROCESS

9. POTENTIALS IN EU

13. PRICE ANALYSIS The difference in prices is increasing in EU Vegetable oils prices

14. PREDICTIONS Vegetable oils and crude naphtha prices trends – predictions

18. EUROPE

19. EU POLICIES CONCERNING BIODIESEL From 1 st of Jan., 2004. all bio components were deliberated from taxes (accises and ecological taxes were reduced from 47 to 44.7 Euro cent /l for B5. ) Taxes Legislations in Germany, as a consequence of introduction of directives in EU 2004. Permits addition of Biodiesel up to 5%, without labeling European Automobile Diesel Standard DIN EN 590 2004. The main objective is to replace 2% of all fuels by biofuels and until 2010. even 5,75%. Define the quality of Biodiesel, as an alternative fuel, thus establishing the B100 as a brand (specified characteristics and methods of analyzing) European Directive for the Promotion of the use of Biofuels, EU 2003/30/EG Standard for Biodiesel DIN EN 14 21 4 2003. 2003. With regard to the supply-side, development of options, leading to a change towards less carbon-intensive technological solutions, is a crucial priority, given to the constraints imposed by the fight against global worming. The Green Paper “Towards an European Strategy for the Security of Energy Supply” 2000. The main objective envisaged is to double (from 6% to 12%) the share of renewable energy resources in the total energy consumption by 2010. The White Paper for Renewable Energy Resources Ratification of Kyoto Protocol adopted by EU members 1997. 1998. To reduce overall greenhouse emissions as a part of a strategy to reduce global worming Kyoto Protocol 1997. Agricultural Policy Reform Blair House Agreement 1992. Target / Initiative Regulative Period

26. WE ARE GOING FURTHER ON...

27. P RESENTATION OF THE FACTORY

30. THE TARGET – TO CLOSE THE CIRCUIT CHP in SEE EU and US