Bolivia: Bolivia Approves Biodiesel Production
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The Government of Bolivia approved the production of biodiesel in 2019 and now plans to build a processing plant in Santa Cruz. The plant is projected to have a production capacity of 1.4 million liters per day and is planned to be operational by 2024. If a mandate of five percent is implemented, the plant could require soy crude oil from 20 percent of Bolivia's three million metric ton soybean crop.