it depends on which oil they are using. If they are using a "Vegetable Oil" then it is a blend of unknown oils (and varies from batch to batch) and is not a good idea to be used in soap. If they are using pure palm or coconut then you can use it. But it is a whole load of hassle, as you will have to "wash" it to get the smell out. Do a forum search on Fat Rendering, there have been many tips about how to get it clean. I have used the collections from our George Foreman grill a cuple of times, but the soap still smells of burger, even though I spent hours cleaning the oil. I gave up in the end. No good for laundry or cleaning either, unless one likes the smell of old chip fat.
You could ask the Bio Diesel makers for their Glycerine though - someone here on the forum makes soap from Bio-Diesel-Glycerine and they look amazing.