Biodiesel Firm Invests in Glycerin

Integrated Biodiesel Industries (IBI; São Paulo) says it will invest $300,000 to acquire a former chemical plant at Jau, Brazil and convert it into a 20,000-m.t./year glycerin processing plant. IBI says it plans to produce distilled glycerin for cosmetics and paints, and glycerin carbonate, a renewable solvent that can replace volatile organic compounds and propylene glycol. IBI says the facility will generate sales of about $22 million by...

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