Dow Jones profiles a Chinese biodiesel company, Gushan Environmental Energy (古杉集团), that appears to be succeeding where its Western counterparts are not. Via Business Spectator:
While Gushan has not seen tremendous growth in its first month as a publicly traded company, it has outperformed American biodiesel producers. American companies have struggled with rising costs of supplies needed to make the fuel, concerns about the fuel’s ability to flow through existing fuel infrastructure like pipelines, storage tanks and car engines.
Gushan’s technology for producing the fuel from waste oil has reduced its feedstock costs, and its current focus on China’s domestic market may overcome the infrastructure problems that biodiesel producers in the US have faced.
