Biofuels and the energy transition
Biofuels and the energy transition in an ADM tax warehouse: HVO, FAME and biocomponents for professional operators
P.S.P. Passerini Special Products S.r.l. manages biofuels and biocomponents in its own ADM-authorised tax warehouse in Parona (Pavia), with the certified supply chain's sustainability documentation and under excise duty suspension. A single point of contact, from intake to release for consumption.
Our role in the energy transition
For a professional operator, the energy transition is first and foremost a matter of managing products correctly. P.S.P. Passerini Special Products has operated since 1997 in Parona (Pavia) as a production and blending plant and as an ADM-authorised tax warehouse for energy and petrochemical products. Everything revolves around this asset: the authorised tax warehouse makes it possible to receive, store, process and move biofuels under duty suspension, keeping the documentary chain of custody intact.
We support energy companies, importers and traders, secondary EU and non-EU warehouse keepers and private label brands that want to handle biocomponents without having to build their own dedicated fiscal and logistics structure.
Biofuels are one part of our range of energy and petrochemical products: in the same tax warehouse we handle special gasolines, gas oils, solvents and hydrocarbons, lubricants, additives and racing fuels. For us, sustainability is one of the capabilities of a full-range operator anchored to a single fiscal asset, not a separate line. For the complete picture, see the PSP energy and petrochemical product families.
Why a structured operator makes the difference:
- Operating since 1997 in Parona (Pavia), with consolidated experience in managing energy and petrochemical products.
- ISO 9001 certified quality management system.
- ADM-authorised warehouse keeper, operating under excise duty suspension.
- EMCS management with e-AD and e-DAS for Union and non-EU goods.
Biofuels handled: HVO and biodiesel (FAME)
In the tax warehouse we handle the main biofuel families intended for the professional market.
HVO (hydrotreated vegetable oil)
HVO is a paraffinic biofuel that can be used neat or in a blend, a direct alternative to fossil diesel with lower greenhouse gas emissions over the life cycle, according to the documentation of the supply chain it comes from. It is suited to operators who want to reduce a product's carbon footprint without modifying their vehicles.
Biodiesel (FAME, fatty acid methyl esters)
FAME biodiesel is a biocomponent used in blends with gas oils, managed with the same rigorous documentary chain as the tax warehouse.
Vegetable and animal oils and fats
We handle vegetable and animal oils and fats (including castor oil) as raw materials and components, according to the customer's needs.
The biofuels we move are accompanied by the certified supply chain's sustainability documentation. The sustainability data (mass balance, greenhouse gas reduction, compliance with Annex IX of RED III) is the property and responsibility of the supplier and the supply chain of origin: it is not a claim by P.S.P. Passerini Special Products, which is not ISCC certified.
The benefit of excise duty suspension
Storing and moving biofuels inside an authorised tax warehouse means a concrete advantage: you do not tie up capital in taxes until the moment of release for consumption. Excise duty accrues when the product leaves for consumption, not when it enters the warehouse. In both of the cases that follow, a single structure follows the product from intake to its final destination, with documentary traceability compliant with ADM obligations.
Union goods: release for consumption with e-AD and EMCS
For Union goods, the outbound movement takes place through release for consumption of Union products under duty suspension, managed with e-AD and EMCS. This is not customs clearance: the product is already Union goods and circulates under duty suspension until release for consumption.
Non-EU goods: customs clearance of excise duties and customs duties
For goods originating outside the EU we handle customs clearance: clearing through customs, settlement of customs duties and excise duties, with release for free circulation and for consumption. Customs clearance applies exclusively to non-EU goods.
PSP-branded product or third-party goods under third-party warehousing
For biofuels too we clearly distinguish two operating models, because ownership and responsibility differ.
PSP-branded product: biofuels and blends produced and blended by us, of which PSP is the owner.
Third-party goods under third-party warehousing: biocomponents and energy products owned by the customer, stored and moved by PSP in its capacity as authorised warehouse keeper, with a service fee and fiscal management of the related obligations. The customer remains the owner of the goods; PSP guarantees correct holding under duty suspension and the ADM obligations. For operational details, see the third-party warehousing and excise duty customs clearance services.
Methanol is not a biofuel
For the sake of clarity towards professional operators, we point out that methanol is not a biofuel: it remains a fuel and a special gasoline subject to full excise duty, outside the scope of RED III. We handle it within our range of energy products, including the methanol- and nitromethane-based racing fuels, not on this page dedicated to sustainability.
Let’s talk about your project
Do you need to store, blend or clear biofuels through customs while maintaining excise duty suspension?
A single point of contact follows the product from intake to release for consumption, for EU goods (e-AD and EMCS) or non-EU goods (customs clearance of customs duties and excise duties). Contact us for an operational assessment.
Disclaimer: the products and services described are reserved for professional operators. P.S.P. Passerini Special Products does not sell to private individuals. Some components handled by PSP in its other ranges (including methanol and nitromethane) are subject to the European regulation on precursors (Reg. UE 2019/1148) and cannot be sold to private individuals.
