In a move that could possibly change the economics of biodiesel refining, chemical engineers at Rice University have come up with a set of techniques for converting sometimes problematic biofuels waste into chemicals that fetch a profit.

"We want to use the technology as a platform for the 'green' production of a whole range of high-value products." -- Ramon Gonzalez, William W. Akers Assistant Professor in Chemical and Biomolecular Engineering, Rice University