Commodities Focus Used cooking oil: Is it the new liquid gold?
Used cooking oil (UCO) or vegetable oil unfit for human consumption has found a new life as feedstock for biofuels like Used Cooking Oil Methyl Ester (UCOME).
UCO is also used to produce renewable distillates like sustainable aviation fuel and hydrotreated vegetable oil. With governments across the world pledging emission-reduction targets and increased capacity coming online, the demand for UCO is steadily growing.
S&P Global Commodity Insights' experts Elizabeth Thang, Donavan Lim, and Loren Puette discuss how these markets are developing in Asia and the policies that will drive future demand.
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Related infographic: As airlines eye SAF for blue skies, used cooking oil in demand