Biodiesel production on the up
Biofuels International reports that biodiesel production around the world will increase at a CAGR (compound annual growth rate) of approximately 15.5% between 2010 and 2013, according to a research report by market research and information analysis company RNCOS. The company’s report, named ‘Global Biofuel Market Analysis’, states that government incentives and a boom in the number of biodiesel plants in Asia, will significantly contribute to this growth.
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