19 May 2010 09:42 [Source: ICIS news]
PHOENIX, Arizona (ICIS news)--Glycerine will need to have new uses given growing supply, to help lift its prices from current historical lows, an industry consultant said late Tuesday.
Supply of glycerine, a by-product of biodiesel, has been growing with the advent of biodiesel production in Europe, the ?xml:namespace>
Brown said glycerine prices declined by 67% from 15 years ago, mostly because of biodiesel.
This year, he said global refined glycerine production would grow 11.9% to 2.44m tonnes.
Among the potential new uses of glycerine presented by researchers at the AOCS meeting include production of hydrogen from glycerol, developed by the University of Auburn in Alabama, US.
Glycerine could also be fermented to produce 1,2 propanediol, succinic acid and lactic acid, according to researchers at Texas-based
The AOCS meeting ends Wednesday.
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