Biodiesel stands out as the most favorable alternatives to fossil-derived diesel, offering a multitude of environmental benefits. At various stages of biodiesel production, the separation processes necessitate thermodynamic models with the capability to correlate and predict phase equilibria of mixtures. In this study, application of the classical differential evolution (DE) and its new enhanced version, the OPDE algorithm, for modeling vapor-liquid equilibrium (VLE) associated with components related to biodiesel production is presented. The algorithms were analysed and contrasted in terms of their performance, in estimating parameters for Wilson, NRTL and UNIFAC models. Additionally, classical least-squares (LS) and error-in-variable (EIV) approaches were examined and compared. Also, VLE datasets for a specific system have been merged, and parameters have been estimated. The findings suggest that parameters obtained through LS approach align with those reported in literature, indicating faster convergence in all problems. In contrast, the EIV approach achieved a higher objective function value compared to the LS approach, exhibiting low deviation. OPDE outperformed DE in terms of performance. The enhancement in RMSTD value has been found within range 91%-99% for EIV approach. Further, novel findings derived from some of the studied VLE datasets are presented.