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The biggest problem is making sure the glycerin is removed, since burning that (incompletely) can result in acrolein, which is a poisonous aldehyde.
The company i'm working for makes about 60 million pounds of it per year, all from soya.
Almost all the customers of this product use it as a mix with diesel, not alone. (Busses, trucks, generators, and the like.) I'm not sure of the ratio of ester to oil.
The process is pretty simple, but doing it at home doesn't sound too practical to me. Mix methanol with the oil (about 1 part methanol to 6 parts oil.) Add a simple alkali catalyst (like crystal Drano) and heat to about 200 degrees F. The oil will convert to a methyl ester and the glycerin will fall out of solution. You drain off the glycerin layer, and then pull a vacuum on the kettle to get the methanol off. Once that's done, you wash with water twice. (About 10% water by weight, mix it, let it settle and drain the water from the bottom.)
Now, comes the tricky part. To get the quality that's certified for use in biodiesel, the ester itself is boiled off under vacuum (no column, just a condensor, like a still) and condensed using a water cooled heat exchanger. The resultant product will be over 99.5% methyl ester from C12 to C18, with both saturates and unsaturates.
Then that's mixed with regular diesel fuel. It's freeze point is actually a little lower than diesel, so it works in cold weather. Almost all of it sold here is used in Illinois, so we know cold weather!
Like i said, it's a simple process, in a few steps, but i would think it a pain to do it yourself. I'd also be worried about the environmental permitting regulations in your area. Fugitive emissions of methanol are tightly regulated. The Professor
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