Argentina ranks fourth in biodiesel production in 2010

According to a report released by the Argentina Agency for Renewable Energy (CADER), Argentina, the South American country, ranked fifth in the world in terms of biodiesel production in 2009, ranking fourth in 2010 and exceeding the United States.

Argentina's biodiesel production budget for 2010 was 1.9 million tons, an increase of 51% over the previous year, and sales totaled 1.9 billion US dollars (1.4 billion euros). The CADER study pointed out that Argentina’s 2010 bio-diesel production ranked fourth after Germany, Germany and Brazil, and Argentina’s installed capacity was sufficient to produce approximately 2.487 million tons. The forecast indicates that by the end of 2011, the local biodiesel demand could be Expecting more than 3 million tons will encourage new investment to increase supply.

The Argentine Renewable Energy Agency (CADER) also pointed out that the world’s largest biodiesel plant in Argentina has an average production capacity of 108,000 tons/year, compared to 89,000 tons/year in Europe and 70,000 tons/year in Brazil.

Cargill and Unitec Bio have recently proposed to build 240,000 tons/year and 220,000 tons/year respectively. Argentina's total biodiesel production capacity will reach 3.084 million tons/year at the end of 2011, which is nearly 14% higher than that of 2010. %.