|
|
Biodiesel: Helping to Solve the Oil Crisis, but at What Cost?Published by: Kline & Company, Inc. Published: Jul. 30, 2007 - 38 Pages Table of Contents
AbstractThis report examines the complex biodiesel market, including the drivers of demand and supply for biodiesel and the broader context in which it has arisen, with the key issues to bear in mind when considering entering the business.The American Society for Testing & Materials defines biodiesel as “a fuel composed of mono-alkyl esters of long-chain fatty acids derived from vegetable oils or animal fats, designated B100, and meeting the requirements of ASTM D 6751. It is a common misconception that blending biodiesel with traditional petroleum diesel results in biodiesel. In fact, the blends are referred to as BX, where X represents the percentage of biodiesel in the blend. For example, B20 is a blend of 20% biodiesel and 80% petroleum diesel. Most biodiesel sold in the United States is sold in blends of 2% to 5%. The typical value chain for creating biodiesel from virgin oils and getting it into diesel vehicles is as follows: 1. Grow oilseeds and harvest 2. Transport to a crushing center where the oil is extracted 3. Transport the vegetable oil to a biodiesel processor 4. Convert to biodiesel (fatty acid methyl ester) 5. Transport to petroleum terminal 6. Blend with conventional diesel at 2% to 20% 7. Transport to petroleum retailer or fleet user 8. Distribute at biodiesel pump Get Full Details About This Report >> |
|
|||
|
About MarketResearch.com
|
||||