Biodiesel
Transesterification of vegetable oils, animal fats, used cooking oil, and other fats, oils, and greases into fatty acid methyl ester (FAME) biodiesel for blending into conventional diesel.
LUX TAKE:
Biodiesel is currently the second most produced biofuel globally, with nameplate capacity installations to total 18.1 billion gallons per year for a potential market size of $65 billion by 2025. However, with strong regulatory headwinds, especially in the U.S. and Europe, where the majority of biodiesel demand originates, we expect the industry to evolve in two distinct ways. One, growth will move...
