Biodiesel production from waste cooking oil

Biodiesel production
Biodiesel production from waste cooking oil
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Biodiesel is a biofuel derived from vegetable oils and/or animal fats. It is non-toxic, biodegradable and produces less sulfur and hydrocarbons and can replace fossil diesel.

Expected Impact

The development of biodiesel industry provides consumers with green and renewable resources and solves the food safety and environmental protection issues due to the re-utilization of waste oils.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Climate Action (SDG 13)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Good health and well-being (SDG 3)
Sector Sources
  • (1) State Council, 2021, Action Plan for Carbon Dioxide Peaking Before 2030, (2)IRENA, 2019, Renewable energy: a gender perspective. (3) Notice by the NDRC of Issuing the "14th Five-Year Plan for Bioeconomy"
IOA Sources
  • (4) Longyan Zhuoyue New Energy Co., Ltd. Prospectus (5) Promoting the Development of Diodiesel Prepared From Kitchen Waste Oils and Fats, 2019, (6) Forward Intelligence, 2021, 2021-2026 China Biodiesel Industry Market Prospect and Investment Strategic Planning Report, (7) Effects of biofuels on performance and emissions of diesel engine under high-altitude hypoxic condition, (8) Development status and suggestion of biodiesel industry in China, 2021, (9) National Energy Administration, 2014, Development Policies for the Bio-diesel Industry, (10) National Energy Administration's Responses to Biodiesel Policy Consultation, (11) National Development and Reform Commission and National Energy Administration, Notice on Issuing the Plan for Modern Energy System during the 14th Five-year Period, (12) National People's Congress, Renewable Energy Law, 2006, (13) Forward Intelligence, 2021, Panoramic review of biodiesel industry chain and regional heat map, (14) Shanghai Municipal Development and Reform Commission, etc., 2021, Measures for the Administration to Support the Promotion and Application of Biodiesel Prepared from Kitchen Waste Oils and Fats in Shanghai, (15) People's Daily Shanghai, 2018, Shanghai Petroleum's biodiesel business dealt with 30,000 tons of "swill-cooked dirty oil", (16) Zhejiang Jiaao Enprotech Stock Co., Ltd. 2020 Annual Report, Hebei Longhai Bioenergy Co.,Ltd. 2020 Annual Report, (17) General Administration of Press and Publication and the Information Office of the State Council, 2020, "Energy in China's New Era" White Paper,