How is renewable diesel different from Biodiesel?
Biodiesel is a renewable fuel which is produced from renewable sources such as vegetable oils, animal fats, and recycled cooking oil. It is used as an alternative biofuel in existing diesel engines without the need for engine modification. Biodiesels are biofuels consisting of long chain alkyl esters. It is synthesized by chemically reacting lipids such as vegetable oils and animal fats with an alcohol producing fatty acid esters. Biodiesel can be used singularly, or blended with petroleum based diesels in any proportions. They are also prevalently used as heating oil.
Leading Biodiesel Market Players:
1. Archer Daniels Midland Company(ADM)
2. BIOX Corporation
3. Bunge Limited
4. Cargill
5. Green Fuels Ltd
6.Münzer Bioindustrie GmbH
7. Neste Corporation
8. Renewable Energy Group Inc.
9. Wilmar International Limited
10. Terravia Holdings Inc.