11:50, 13.08.2008 — Новости
автор: OilWorld.Ru

DJ Malaysia 902,000 Tons/Yr Biodiesel Capacity Operational - Min


 KUALA LUMPUR (Dow Jones)--Malaysia has ample capacity available to start
biodiesel blending program in the country and several purchase inquiries from
overseas have also started pouring in since the recent fall in crude palm oil
prices, Commodities Minister Peter Chin said late Tuesday.

"The (biodiesel) plants are ready, biodiesel is now available," said Chin.

However, he said before starting mandatory blending of biodiesel with diesel,
the government wants to guarantee supplies to the oil blending companies.

"We don't want a situation to arise where CPO prices move up and a few weeks
down the line there is no biodiesel available for blending," he said.

He said of the 91 licenses issued for biodiesel production so far, 10 units
with combined annual capacity of 902,000 metric tons are already in operation.

He said another 5 units with annual capacity totaling 372,000 tons have been
constructed but are yet to start production.

Chin said the remaining license holders may also be considering options to
start work on their projects as biodiesel is now slightly cheaper than crude
oil.

In addition, there are strong export prospects for palm-based biodiesel this
year, he said.

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