U.S. Biodiesel Industry Poised for Growth with Over 850 Million Gallons of Capacity in Pre-Construction

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Researched by Industrial Info Resources (Sugar Land, Texas). In the not so distant past, when the term “Biodiesel” was used, not a great many people knew exactly what was being talked about. There were only a handful of producing plants and the industry only had about 60 million gallons of annual capacity.

Today, everyone from Willie Nelson to the CEO of agriprocessing giant ADM is singing the praises of biodiesel’s benefits, and how the product can provide a cleaner burning fuel and displace foreign barrels of oil coming into the U.S.

Industrial Info has been tracking market activity in the biodiesel industry since it was in its infancy back in 2000 and research from analysis gathered from Industrial Info’s renewable fuels database suggests the industry is poised for growth. The industry in the U.S. could extend its capacity for producing the fuel to over 850 million gallons by the end of 2007.

Currently, fifteen operational plants have the capacity of producing 96 million gallons of biodiesel annually. There are ten plants currently under construction that will have the capacity to produce over 140 million gallons and are expected to come online over the next eighteen months.

Another 31 plants that are in the final engineering phase will add an estimated 720 million gallons of capacity by the beginning of 2008, and every week a new developer emerges with plans to build a new plant.

The money that will be invested is growing as well. Industrial Info estimates the industry will spend over $600 million in capital dollars to expand the industry over the next two years and the number grows larger every month.

Finding out who is building what, where and when can be a huge task, as well as considering the industry is spread out all over the country and private investors are dumping equity in the industry in hopes of capitalizing on future growth.

Industrial Info can help by providing useful information on biodiesel plant developers. We provide plant locations, owner names, capacities and cost estimates, kick off and completion dates and names of decision makers on projects, as well as who is designing and construction the plants.

Industrial Info's Ethanol Production Database provides a comprehensive outline of all current development activities in the emerging synthetic fuels market. This database covers 123 ethanol plants currently in operation and 234 plants under development. It also covers fifteen operational biodiesel plants and 41 biodiesel plants underdevelopment.

Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.