Increase in biodiesel related production projects releases market demand for soy acidified oil

Acidified soybean oil is a type of acidified oil. It is an oil obtained by acidifying the by-product soapstock produced during the production of refined soybean oil. The main components of soybean acidified oil include palmitic acid, oleic acid, linoleic acid, linolenic acid, triglycerides, etc. As a basic raw material, soybean acidified oil is widely used in medical, chemical, steel, feed, and biodiesel. and other fields.

According to the “2022-2027 China Soybean Acidified Oil Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, In 2021, my country’s soybean acidified oil industry has a production capacity of approximately 586,000 tons and an output of approximately 436,000 tons. In recent years, with the commissioning of biodiesel-related projects, the market demand for soybean acidified oil has been increasing, and the demand will reach more than 700,000 tons in 2021. Since domestic production capacity can no longer meet market demand, my country’s soybean acidified oil still needs to be imported from overseas.

my country’s soybean acidified oil production companies include Hongfa Petrochemical, Jinwang Petrochemical, Jinwei Petrochemical, Hangzhou Kailai Fuel, etc. At present, my country’s collection and transportation management system for soybean acidified oil has not yet been perfected. The soybean acidified oil market is less standardized. Enterprises in the industry are mainly small and medium-sized, and the market concentration is low.

In recent years, due to the increasing environmental awareness of residents and the increasing shortage of oil resources, the biodiesel market has developed rapidly. In 2021, the output of my country’s biodiesel industry will be around 1.54 million tons, a year-on-year increase of approximately 17.2%. The cost of raw materials is the main preparation cost of biodiesel, accounting for about 75.0%. Therefore, using low-priced raw materials and reducing raw material costs are the key to realizing the industrialization and practical application of biodiesel.

my country is rich in oil resources, and its refined soybean oil production ranks among the top in the world. Soybean acidified oil is processed from the by-product of refining soybean oil. Improper treatment of soybean acidified oil will not only cause a waste of resources, but also cause great pollution to the environment. Therefore, how to improve the utilization rate of soybean acidified oil has been a long-term question. It’s the refinery’s problem to deal with.

The price of soybean acidified oil is relatively low. Using soybean acidified oil to produce biodiesel can not only reduce the cost of biodiesel raw materials, but also solve the environmental pollution problem caused by improper treatment of soybean acidified oil. The production of biodiesel from soybean acidified oil has good economic, environmental and social benefits. In recent years, it is attracting more and more attention from enterprises, and related projects under construction continue to increase, such as Jiangxi Zun Innovation Energy’s annual output of 200,000 tons of pure hydrocarbon biodiesel. Diesel and biogasoline projects.

Industry analysts said that the production of biodiesel from soybean acidified oil has good economic and environmental benefits. In recent years, with the trend of environmental protection requirements Due to the increasing shortage of energy supply and the acceleration of the development of biodiesel market, the demand for soybean acidified oil has increased accordingly. my country’s soybean acidified oil collection and transportation management system has not yet been perfected, and there are many production companies and the market concentration is low. The degree of market standardization needs to be further improved in the future.