Bolivia announces plans for 500 MMly biodiesel plant

April 14, 2021

BY Erin Krueger

The government of Bolivia in March announced plans to construct a biodiesel plant, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. The company first approved the production of biodiesel in 2019.

According to the report, the proposed plant will be built in Santa Cruz, a city located in central Bolivia. The facility is expected to have the capacity to produce 500 MMly (132.09 MMgy), with operations scheduled to begin in 2024.

Advertisement

Advertisement

The plant will be built by the state-owned Yacimientos Petroliferos Fiscales Bolivianos. A competitive bidding process for the contract to construct the facility is expected to be announced during the second half of this year.

The Bolivian government plans to implement a mandate requiring a B5 blend of diesel. The report estimates approximately 105 million liters of biodiesel annually would be required to meet that blend mandate. That volume of production would require an estimated 95,000 metric tons of soybean oil, equating to approximately 20 percent of Bolivia’s current soy crop. 

Advertisement

Advertisement

According to the report, the biodiesel project is expected to open a new market for Bolivia’s soybean producers while reducing fuel imports.

A full copy of the report can be downloaded from the USDA FAS GAIN website

 

Related Stories

The European Commission on July 18 announced its investigation into biodiesel imports from China is now complete and did not confirm the existence of fraud. The commission will take action, however, to address some systemic weaknesses it identified.

Read More

Kintetsu World Express Inc. has signed an additional agreement with Hong Kong, China-based Cathay Pacific Airways for the use of sustainable aviation fuel (SAF). The agreement expands a three-year partnership between the two companies.

Read More

On July 18, U.S. EPA announced a reduction in force (RIF) as the agency continues its comprehensive restructuring efforts. With organizational improvements, EPA is delivering $748.8 million in savings.

Read More

Broco Energy on July 17 announced a new partnership with the Massachusetts Port Authority (Massport) to deliver and transition Massport's fuel tanks to renewable diesel across its various facilities.

Read More

Shell Aviation, Accenture, and Amex GBT on July 10 announced Avelia is in the process of evolving to an industry solution with independent data hosting and a multi-supplier model helping users access the GHG benefits of SAF.

Read More

Upcoming Events

Sign up for our e-newsletter!

Advertisement

Advertisement