Process Management

News last update:6 Aug 2012

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.

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