Biodiesel Production In Argentina

Biodiesel production in Argentina has turned into an attractive investment opportunity. In fact, it is driving the attention of the global business community, as portrayed by CNN Money: one of the best business ideas of the world in 2006.¹ The biodiesel industry in Argentina has earned such title mainly due to the large availability of natural resources and macroeconomic factors that, in conjunction with recently enacted federal and provincial legislation, make easy, inexpensive and potentially profitable to tap into the local biodiesel market.

What is biodiesel?

Biodiesel is a processed fuel derived from biological sources (such as soybean oil), that can be used in unmodified diesel-powered vehicles and machinery. The use of biodiesel generates less environmental pollution and represents a viable alternative to the already sensitive depletion and skyrocketing prices of fossil energy sources, such as gas and petroleum-based oil.