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Some companies pay restaurants for the grease, while others charge for ridding them of the waste.
However, it's evident from the articles below that grease is becoming more profitable for the recyclers if thieves are stealing it.
http://www.green-trust.org/2000/biofuel/greaserustlers.htm
http://www.nrn.com/(X(1))/offthewire.aspx?menu_id=1370&id=354530
subba
They sell it for all kinds of things. Example: Cheaply made lipstick.
They actually make a lot of money with this buying and selling to other companies.