Glycerin, a trihydric alcohol, had once enjoyed a good market value but, is now faced with global oversupply and this makes the market volatile. It is a byproduct of biodiesel production thought as an added value to biodiesel operations. It is now faced with an unpredictable market and probably oversupply as an outcome of increased biodiesel production.;There are two types of glycerin market; the refined glycerin with its solid price and crude glycerin which is volatile. There are new applications for glycerin being developed or being implemented and it will be a source of strength to the market. This thesis takes an in-depth review of glycerol from its sources to refining and the market. |