Synthetic and Renewable Diesel Sector Grows in Latin America, an Industrial Info Market Brief

The synthetic and renewable diesel sector continues to show growth in Latin America with several projects in development in Brazil (the Nova Sao Joao Energia municipal solid waste-to-synthetic diesel project), Paraguay (ECB Group's- Omega Green renewable diesel and kerosene project) and Colombia (Value Skies'- Synthetic diesel project). The recently announced project in Paraguay alone would require an $800 million investment and will process soybeans and animal fat to produce 16,500 barrels per day (approximately 2.6 million liters per day) of renewable fuels for the aviation industry.