“…Though at present the high cost of enzyme production is the major obstacle to commercializing enzyme-catalyzed processes, advances in enzyme technology, such as the use of solvent-tolerant lipases and immobilized lipases, which enable the catalyst re-utilization, have been made to develop cost-effective systems (FUKUDA; KONDO;NODA, 2001;ISO et al, 2003). In this sense, several research studies have reported an alternative method to produce esters through enzymatic reactions using lipases as catalysts, the majority of them using organic liquid solvents as reaction medium (YAmANE, 1988;ABRAmOWICZ;KUSE, 1989;BARZANA;KAREl;KlIBANOV, 1989;YAmANE et al, 1990;STEVENSON;STORER, 1991;CARTA;GAINER;ZAIDI, 1995;AlVES, 1999AlVES, , 2000OlIVEIRA et al, 2004OlIVEIRA et al, , 2005a. many lipase-catalyzed reactions have been performed in compressed fluids (mostly carbon dioxide) in an attempt to…”