Special Feature
This is a video report about
World Business: A couple of
years ago, with surging
demand for biofuel from
Europe and riding crude oil
prices, investors rushed to
build plants to turn palm oil
into biodiesel. But with
falling oil prices and
changing opinions towards
biofuel many of those
projects were put on hold.
To adapt, biofuel producers
now have to be a little more
creative.
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Biodiesel in Argentina |
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Currently, Argentina is the world's largest exporter of oilseed meals and the 3rd largest exporter of oilseeds as well as edible oils (mainly soybean and sunflower). |
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Owing to its unstable socio-economic situation, even with enormous potential biodiesel production has not been growing tremendously. |
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