South Korean biodiesel policy leaving local producers in the lurch

| January 9, 2013

In South Korea, the country’s biodiesel manufacturers are getting nervous because the government hasn’t followed through with its promised blending mandates. The mandate is currently at 2% which was supposed to rise to 3% this year and 5% later on, but the government now says it may only raise the blend in 2014. Local supplies are already outpacing demand.

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Category: Policy

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