NOVELTY - Producing an industrial product, comprises: (a) obtaining a vegetative plant part having a total non-polar lipid content of 10 wt.%; (b) either converting at least some of the lipid in the vegetative plant part to the industrial product by applying heat, chemical and/or enzymatic means to the lipid in situ in the plant part, or physically processing the vegetative plant part and simultaneously converting at least some of the lipid in the processed part to industrial product by applying heat, chemical and/or enzymatic means to lipid in the plant part; and (c) recovering industrial product.    USE - The process is useful for producing an industrial product, which is a hydrocarbon product (such as fatty acid esters, preferably fatty acid methyl esters and/or a fatty acid ethyl esters), an alkane (such as methane, ethane, a longer-chain alkane or a mixture of longer chain alkanes, alkene, biofuel, carbon monoxide and/or hydrogen gas), a bioalcohol (such as ethanol, propanol, butanol, biochar or a mixture of carbon monoxide, hydrogen and biochar), synthetic diesel fuel and biofuel (such as bio-oil and biogas) (all claimed), where the biofuel is useful for transportation and to power machinery such as automobiles, trucks or petroleum powered motors and the biofuel includes bioalcohols, biodiesel, synthetic diesel, vegetable oil, bioethers, biogas, syngas, solid biofuels, algae-derived fuel, biohydrogen, biomethanol, 2,5-dimethylfuran, biodimethyl ether, Fischer-Tropsch diesel, biohydrogen diesel, mixed alcohols and wood diesel.    ADVANTAGE - The process allows simple and economical production of the industrial product such as biofuel with high quality and is suitable for large scale production. The biofuel avoids engine corrosion, minimizes the salt concentration in fuel additive composition, and has improved cold-temperature flow characteristics, oxidative stability and nitrogen oxide emissions.    DETAILED DESCRIPTION - Producing an industrial product, comprises: (a) obtaining a vegetative plant part having a total non-polar lipid content of 10 wt.%, (b) either converting at least some of the lipid in the vegetative plant part to the industrial product by applying heat, chemical and/or enzymatic means to the lipid in situ in the vegetative plant part, or physically processing the vegetative plant part, and subsequently or simultaneously converting at least some of the lipid in the processed vegetative plant part to the industrial product by applying heat, chemical and/or enzymatic means to the lipid in the processed vegetative plant part, and (c) recovering the industrial product.