KUALA LUMPUR, Oct 25 - Malaysia is set to impose a requirement for biodiesel to use 7 per cent palm oil, up from 5 per cent now, as a way of whittling down palm oil stocks and cushioning prices in the face of growing competition from other edible oils.
Industry and government officials in the world’s second-biggest palm oil producer said the “B7” biodiesel blend could be mandatory from December as talks with interested parties were nearing a conclusion. “It’s targeted that B7 will be implemented in December.
Once we switch to B7, there will be one grade – B7, not B5,” an official with the Malaysian Biodiesel Association with direct knowledge of the discussions told Reuters.
themalaymailonline.com»
Industry and government officials in the world’s second-biggest palm oil producer said the “B7” biodiesel blend could be mandatory from December as talks with interested parties were nearing a conclusion. “It’s targeted that B7 will be implemented in December.
Once we switch to B7, there will be one grade – B7, not B5,” an official with the Malaysian Biodiesel Association with direct knowledge of the discussions told Reuters.
themalaymailonline.com»