A report recently conducted by Santiago & Sinclair LLC, a Texas-based renewable energy consultant group with offices in Buenos Aires, Argentina, forecasted that Argentina will surpass Brazil and France in 2011 to become the third largest biodiesel producer in the world.

According to figures compiled by Santiago & Sinclair, Argentina’s biodiesel production continued to rise consistently and is projected to surpass Brazil for the first time in 2011; however, the firm noted that the differences in total production will be very close. Argentina is expected to end the year with 2.4 million tons produced, versus 2.3 million tons for Brazil while French production is expected to decrease for a second consecutive year and end with less than 1.9 million tons produced. Spain and Italy are expected to show the most significant decrease in production volume, but with the greatest increases in imports, much of which come from Argentina.

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