(EnergyAsia, March 12, Wednesday) — The record high price of palm oil has forced several major biodiesel players in Malaysia to completely cease production. Palm oil prices recently broke through the RM4,000-per-tonne barrier, rendering biodiesel unviable.At least two major Malaysian players, Sime Darby Bhd and Carotino Sdn Bhd, have ceased plant operations since last year.Carotech…
MALAYSIA: Record high palm oil prices halt operations at biodiesel plants
Posted on March 11, 2008 by EnergyAsia