Cooking oil recycling is a relatively mature practices
in many countries. The traditional market has been to
feed the used cooking oil to animals. This market has
declined substantially for two reasons:
- The dioxin problem in Belgium has caused some
farmers to reject used cooking oil as suitable
feedstock for their animals.
- All farm prices are depressed. The major
competitor for cooking oil is rapeseed oil.
Traditionally this has sold for $300/ton. Today
prices are around $130/ton. Typically reclaimed
cooking oil trades at a price approximately $100
below the crude oil prices. Prices should begin to
strengthen in the not too distant future.
The other alternative is producing bio-fuel.
Cooking oil can produce a bio-fuel that burns cleaner
than other fuels and actually makes no net
contribution to global warming.
|