The plant, which will have a total capacity of about 100,000t/year, is expected to produce the first high-quality biodiesel by the end of 2014.
At the proposed plant, the BDI multi-feedstock technology will be converting unutilized resource potential into high-quality biodiesel for the first time.
BDI board member Edgar Ahn said that its technology will enable biom to convert many different waste and residual materials into high-quality biodiesel.
"Thereby, it does not only make an important contribution to environmental protection in the area of transport, but also helps to safely dispose problematic waste streams or even convert them into useful substances.
"This confirms, that this BDI BioDiesel project is not only for BDI an important and pioneering project in the growing economies of South-East Europe, but in our opinion, for the State of Croatia this is a landmark project," Ahn added.
