China's leading biodiesel producers are aggressively expanding overseas to capture the high ground in renewable energy.
Notably, one domestic giant has already broken ground on a 300,000-ton production line in Thailand, while permitting for a 100,000-ton facility in Singapore is underway. They are constructing a global value chain characterized by "overseas feedstock collection, processing, and delivery"—a strategic move clearly designed to capitalize on the surging demand for green aviation fuel in Europe and the U.S.