Biodiesel By-product Expected to be $2.1 Bil Industry

A new report says a by-product of biodiesel production will be a $2.1 billion industry by 2018. This Digital Journal article says the Transparency Market Research report (...)

Growing demand from the major end use industries such as personal care, pharmaceuticals and foods & beverages is expected to drive glycerol demand over the next five years. In addition, over the last three years, glycerol has been increasingly explored as a platform chemical for a host of renewable chemical intermediates. However; uncertainty of feedstock supply, coupled with low refining margins have emerged as a key challenge for market participants.»