|
|
Production
Estimates and Crop Assessment Division |
|
|
Production
Estimates and Crop Assessment Division |
September 20, 2003
| Income |
|
|
|
Million Euros |
|
60,000 tons biodiesel @ €617/ton |
37.03 |
|
7500 tons 80% glycerine @ €500/ton |
3.75 |
|
Undetermined amount of free fatty acids sold as livestock feed. |
|
|
Total Income |
40.78 |
|
|
|
| Expenses |
|
|
60,900 tons vegetable oil @ €520/ton |
31.67 |
|
6,000 tons methanol @ €265/ton |
1.59 |
|
Undetermined amount of NaOH included in variable costs. |
|
|
Undetermined amount of HCl included in variable costs. |
|
|
€30 million investment amortized over 10 years at 10 percent interest. |
4.70 |
|
Variable Costs Equal to Fixed Costs |
4.70 |
|
Total Cost |
42.66 |
Technical Information and Prices:
Plant Size – 60,000 tons biodiesel output per year.
NaOH
Methanol + Vegetable Oil →
Methyl Ester + Glycerine + free fatty acid + waste
100 parts 1015
parts
1000 part 100
parts
Biodiesel wholesale price = €0.545 per liter
Vegetable oil price = €520 per ton
Methanol price = €265 per ton
Current prices and cost estimates as of June 2003.
Information obtained from a variety of sources.
1 euro = 1.17 US dollars
Return to Biodiesel Industry Expanding its Use of Oilseeds
