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Vegetable Oil Bulk Tank Measurement

    The global vegetable oil market generated $81.0 billion in 2012. It is expected to increase at a CAGR of 2.5% from 2012 to 2017 delivering $91.4 billion. Asia-Pacific is the largest producer and consumer vegetable oil products followed by Europe and North America. The major drivers of market growth are increased worldwide food demand, biofuel policies and biodiesel feedstock requirements.

    The vegetable oil market by application is segmented into three segments: Food, Biodiesel feed and Non-food (industrial). Although, the food applications occupy a major share in the consumption market, the Biofuel segment, boosted by the biodiesel feedstock requirements, is expected to be the fastest growing segment. Among the various types of vegetable oil commodities marketed, palm oils, soybean, rapeseed and sunflower oils represent the majority market share.

    The vegetable oil market is not without challenges. The biggest hurdle is the increased supply pressure driven by the requirements from the biofuel industry. This is the market's greatest opportunity for growth; however, it results in less resource access that is raising costs within the essential food and industrial sectors. The impact of supply shortfall drives the resultant price hikes to offset gross margin decline, inhibiting industry growth. Therefore, level measurement is mandatory in the production process to ensure accurate inventory management.

    At this food processing plant for bottling, an EchoSonic LU29 is measuring vegetable vegetable oil stored in bulk tanks. The EchoSonic LU29 is connected to a DataView LI55 that provides real time volume monitoring of the remaining vegetable oil as well as controls the amount of oil distributed into smaller tanks. The end process result utilizes smaller tanks to dispense the correct amount of oil into each bottle requiring small tank measurement and control solutions as found in EchoPod and PodView.

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