Domestic blends seen boosting biodiesel production in Brazil and Argentina

In Brazil and Argentina, biodiesel production is expected to rise following increases in domestic blending mandates. Oil World estimates that Brazilian production will reach 3.1 million metric tons this year, up from 2.56 million tons last year thanks to a 6% blending mandate beginning in July. Installed capacity is currently 6.2 million tons. Argentina’s production is seen rising to 2.45 million tons this year from 2 million tons last year.