In Holland, ED&F Man signed an agreement with BioMCN for the delivery of crude glycerine from Argentina. Argentina is quickly becoming the world’s largest producer of biodiesel and its residue crude glycerine. With this agreement BioMCN and ED & F Man will operate as one sourcing organization.
BioMCN produces and sells industrial quantities of bio-methanol from sustainable renewable resources, including crude glycerine. Bio-methanol can either be blended directly with gasoline, and/or it can be used as a feedstock for other environmentally-friendly fuels such as bio-MTBE, biodiesel and bio-DME.