Driven by soaring biodiesel demand, Brazil is rapidly scaling up its soybean processing capacity

Brazil is significantly increasing its soybean processing capacity to meet biodiesel demand. Driven by the “Future Fuels” law, by 2027, the vegetable oil content of biodiesel will increase from 14% to 17%, driving a 34% surge in soybean oil demand. Biodiesel consumption is expected to increase from 9.3 billion liters in 2024 to 12.3 billion liters in 2027, underscoring its determination to promote clean energy and reduce dependence on fossil fuels. In order to secure the supply of soybean oil, the plant will expand its production capacity, while exports will be maintained at an average of 1 million tons per year, demonstrating the strategy of shifting to domestic consumption.