Glycerol (also known as glycerin) is a major byproduct in the biodiesel manufacturing process. In general, for every 100 pounds of biodiesel produced, approximately 10 pounds of crude glycerol are created. As the biodiesel industry is rapidly expanding, a glut of crude glycerol is being created.

Glycerol is used in a number of industrial applications, in the pharmaceutical industry, in cosmetics and personal care products, in the production of resins, detergents, plastics and tobacco and as a humectant in food.

Its use as a commercially important chemical began with its application in the production of dynamite. Dynamite was necessary in the discovery and extraction of underground minerals, and in the construction of infrastructure. Therefore, it propelled industrial development.