are planning to divert some of their inventories of the cooking oil crop to produce biodiesel. Malaysia’s Commodities Minister Peter Chin said the government will divert 500,000 tonnes of crude palm oil from its stockpile for biodiesel production this quarter. The country’s palm oil stockpiles now stands at a new high of more than…
MALAYSIA: Biodiesel production to be stepped up to boost palm oil prices
Posted on August 10, 2008 by EnergyAsia