• A Use For All That Glycerine

  Filed under Biofuels companies, biofuels
  Mar 26
  Biodiesel production converts triglyceride oils into fatty acid methyl esters, generating vast amounts of glycerine as a byproduict. The enormous glut of glycerine has depressed the market price to near zero.  Crude glycerine prices have dropped as low as $0.02 per pound last year before recovering to $0.06 – $0.10 per pound. But a small company in Virginia called Xcel Plus has found a use for all that glycerine byproduct–make it into fuel.

  The Xcel Plus process cracks glycerine into two fuels, one of which (at around 50 percent by weight) is Glyclene and is suitable for turbine engines for power generation. 

  The potential to convert crude glycerine to fuel has the potential to generate a profit stream either to refiners such as Xcel Plus, or to biodiesel producers in the form of higher prices for crude glycerine. Xcel Plus estimated that there is more than 150,000 tons of crude glycerine produced by biodiesel operations in the US. Xcel Plus said in January that it had contracts for up to 200 million gallons of GlyClene.

  Tagged as: biodiesel, glycerine, glycerol, Xcel Plus
  
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