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http://www.sealab.gr/download/attachments/6619619/Small+scale+biodiesel+production+econ... - 1 views

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    Raw materials and utilities cost
    Biodiesel is the product obtained when a vegetable oil or an
    animal fat reacts chemically with an alcohol to produce fatty acid
    alkyl esters. A catalyst such as sodium or potassium hydroxide is
    required. Glycerol is produced as a co-product (Van Gerpen et al.,
    2004). The most common stoichiometries description of the reaction
    is:
    1000 kg of oil þ 110 kg of methanol/1000 kg of biodiesel
    þ 110 kg of glycerol
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