Rising oil prices bring attention to biodiesel, listed companies dig for gold in "gutter oil"

Analysts say that the rise in international oil prices has made the biodiesel business more favorable. Compared to petroleum, biodiesel has the characteristics of low carbon emissions, renewable raw materials, high combustion efficiency, and the ability to reduce energy dependence. The main raw material for biodiesel, "gutter oil," is becoming a key area for listed companies to "strike gold." Using "gutter oil," "waste oil," and other waste cooking oils and fats as raw materials to produce biodiesel is one of the mainstream choices for domestic companies and is also one of the industry development directions encouraged by the country.