Market Brief
Long-Dormant Biodiesel Plant in Brazil Resumes Operations, an Industrial Info Market Brief
Lar Cooperativa Agroindustrial recently recommenced operations at the former Agrenco biodiesel plant in Caarapó, Brazil
Released Thursday, October 01, 2020
Lar Cooperativa Agroindustrial recently recommenced operations at the former Agrenco biodiesel plant in Caarapó, Brazil, after a decade of disuse. Following an investment of R$219 million (US$39.26 million) the plant will produce up to 400 tons per day (457 cubic meters per day) of biodiesel from soybean and beef tallow. The company also plans to process 1,500 tons of soybean per day to produce 300 tons of soy oil and 1,200 tons of soy meal for animal feed per day. Click here for related projects.
Lar aims to double biodiesel production capacity at the plant in future years while further expanding its soybean processing unit.
Industrial Info is tracking 174 active capital biodiesel projects worth US$4.59 billion in Latin America. Click here for a list and click on the graph below showing the project spending by country.
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