Officially entering the biodiesel industry
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I have just switched from the petrochemical industry to the biodiesel sector; the actual processes and procedures are more or less similar, but the reaction mechanisms differ greatly, which makes things a bit confusing during the learning process. It’s also unclear what the future holds for biodiesel – whether it will represent an opportunity or a risk. I really don’t know what the future will bring!
The diesel production process is relatively mature; the current challenges lie in factors such as market acceptance, the stability of biomass raw material supply, the scale of industrial facilities, and production costs – there is still a long way to go.
At first glance, the technology appears to be mature, but some details still need to be worked out in order to ensure continuous production over a long period of time. The processing costs are indeed high. At present, the market supply is mainly for export; however, due to the requirements regarding carbon emission control in various countries and rising oil prices, there is still a decent demand in the market.
If the domestic corn market is as oversupplied as in the United States, the raw material issue could be resolved.