Colombia Among Most Attractive Countries for Investments in Biodiesel - ES&T

Colombia is among the countries with the most potential for investment and growth in biodiesel production, along with Ghana, Malaysia, Thailand and Uruguay, according to analysis of journal Environmental Science and Technology (ES&T), quoted by Colombian media on December 14, 2007.

These countries have been chosen because they are perceived as being safer physically and financially for international business investments and are desiring more employment opportunities for their citizens.

The researchers ranked 119 countries that might come out on top in the global biodiesel market in the near future, according to their ability to expand large-scale production quickly. Malaysia, Indonesia, Argentina, the United States and Brazil currently account for 80 pct of the total global production potential. These nations produce the largest volumes of palm and soybean oils.

The researchers calculate that the current potential for world biodiesel production, according to technological capacity, is 51 billion litres.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: December 17, 2007

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