Today, industrial plants that produce glycerol are closing down and others are opening that use glycerol as a raw material, owing to the large surplus of glycerol formed as a by-product during the production of biodiesel. Research efforts to find new applications of glycerol as a low-cost feedstock for functional derivatives have led to the introduction of a number of selective processes for converting glycerol into commercially valued products. This Minireview describes a selection of such achievements and shows how glycerol will be a central raw material in future chemical industries.
Pagliaro et al. (2007) studied this question.