Malaysia approves more biodiesel plants
Malaysia has approved licences for 86 biodiesel plants but the bulk of that may not even start because of rising feedstock prices and an easing crude oil market, the country’s commodities minister said this week.
“All these approved plants have not started because they know that they will
have to take a very strong commercial decision on putting money into biodiesel
plants,” Peter Chin told Reuters.
“Judging from what is now taking place,
a dozen plants will start, producing around 3 to 3.5 million tonnes in the next
two to three years,” he added.
To subscribe to the free AllAboutFeed
newsletter click here.
Join 26,000+ subscribers
Subscribe to our newsletter to stay updated about all the need-to-know content in the feed sector, three times a week.
