Industry Analysis & Industry Trends
The Cooking Oil Recycling industry has grown very strongly over the past five years. While historically viewed as a waste product, used cooking oil has become a valuable commodity over the past decade. The industry is expected to continue to grow strongly over the five years to 2019 as the EPA's Renewable Fuel Standard requirements persist to encourage strong biodiesel production growth, which will increase the demand for used cooking oil.... purchase to read more
Industry Report - Industry Investment Chapter
The Cooking Oil Recycling industry has a low level of capital intensity, with the average industry operator expected to spend $0.08 on capital for every $1.00 spent on wages. The collection and transport of cooking oil from restaurants to refining facilities involves very little capital: a small industry operator simply requires a working vehicle and a pump and barrel with which to harvest and store used cooking oil.
Capital investment in the cooking oil purification and refining process is also relatively limited, and includes such items as pressure plate systems and oil purifiers. The capital requirements to clean and reuse cooking oil, and to convert it into biodiesel, are limited enough that individuals can set up small biodiesel plants in their homes... purchase to read more