By-products of global biodiesel manufacturing are a modern day global fact responsible for igniting a number of year’s worldwide intense research activity into human chemical ingenuity. This fully updated and revised 2nd edition depicts how practical limitations posed by glycerol chemistry are solved based on the understanding of the fundamental chemistry of glycerol and by application of catalysis science and technology. The authors report and comment on employable, practical avenues applicable to convert glycerol into value added products of mass consumption. This book is the best-selling reference book in the field. The highly anticipated 2nd Edition is essential reading for anyone interested in understanding whether biodiesel and glycerol refineries are convenient and economically sound.