IMPROVING THE EFFICIENCY OF AGRICULTURAL ENTREPRENEURSHIP BY PROCESSING RAPESEED TO BIODIESEL

The expediency of rapeseed processing and biodiesel production is investigated in the article. Potential opportunities for biodiesel production at completed mini-plants have been identified and the costs for the creation of production facilities have been calculated. A comparative evaluation of the...

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Bibliographic Details
Main Authors: Мariana HUMENIUK, Diana SHELENKO, Dmytro NEMISH, Ivan BALANIUK
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2021-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.21_3/Art49.pdf
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Summary:The expediency of rapeseed processing and biodiesel production is investigated in the article. Potential opportunities for biodiesel production at completed mini-plants have been identified and the costs for the creation of production facilities have been calculated. A comparative evaluation of the efficiency of biodiesel production from rapeseed and sale of its seeds has been carried out. Higher economic efficiency from rapeseed processing than mass export of this raw material is substantiated, which will increase the profitability of agricultural enterprises. The key guidelines for the location of production facilities for the processing of rapeseed for biodiesel on a cooperative basis at the regional level have been formed. The paper uses general and special research methods, in particular the calculation and design method to substantiate the estimated cost of production facilities for processing rapeseed into biodiesel. The results of interviews with key stakeholders, producers of rapeseed, prove the feasibility of practical application of these proposals in enterprises.
ISSN:2284-7995
2285-3952