Will Bolivia produce biodiesel based on soybean oil?
In this sense, the Bolivian Ministry of Hydrocarbons has announced in March 2019 an investment of 2 billion dollars and an increment of 250,000 ha to produce 100 million liters of soybean oil to be used for biodiesel production [ 27 ].
Will Bolivia produce a new biofuel?
Despite only recently moving towards biodiesel production, Bolivia is already planning to produce a more modern biofuel: HVO, also known as “green diesel” or “renewable diesel”.
How many barrels of HVO a day will Bolivia produce?
Bolivia expects to invest about 250 million dollars to produce 9000 barrels of HVO per day, using vegetable oils, used cooking oil and animal fats as feedstock. By the second half of 2021, a company will be selected to assume the project, with production to start in 2024 [ 9 ]. 2.3. Brazil
Does soybean contribute to biodiesel production?
Soybean production and the success of national biodiesel industries Even though soybean has a lower biodiesel yield per hectare compared to other oilseeds like sunflower, jatropha, castor and rapeseed [ 12 ], it seems to play a major role on the biodiesel production in several South American countries.
Which countries produce the most soybeans in South America?
Soybean production and percentual participation in South American markets [ 151 ]. In fact, in countries with well-developed biodiesel industry, like Argentina, Brazil and Uruguay, soybean represents more than 90% of all produced oilseeds.
Which oil is used in biodiesel production in Brazil?
Most of the Brazilian biodiesel industry rely on soybean oil, whose contribution in the national production remained between 68 and 82% since 2008 [ 43 ].