Tag: Malaysia

Malaysia’s KNM to seek $80 million in bonds for Thai ethanol expansion

Malaysia’s KNM to seek $80 million in bonds for Thai ethanol expansion

September 26, 2016 |

In Malaysia, KNM Group is looking to issue $80 million worth of bonds in Thai baht guaranteed by the Asian Development Bank’s Credit Guarantee and Investment Facility to build a 200 million liter per day ethanol plant, expanding a current facility owned by Impress Ethanol Co. that KNM purchased 72% of in May. The company […]

Read More

Malaysia’s B10 policy implementation delayed again

Malaysia’s B10 policy implementation delayed again

September 22, 2016 |

In Malaysia, the B10 policy won’t be implemented next month after all, following several delays from its original summer start date. The B10 will cost more than the B7, and is also seen as a burden for implementation in the southern region. The Minister of Plantation Industries and Commodities may have been too enthusiastic about […]

Read More

Malaysian palm oil stocks fall in line with higher CPO exports

Malaysian palm oil stocks fall in line with higher CPO exports

September 13, 2016 |

In Malaysia, palm oil stocks fell 17.29% to 1.46 million metric tons in August while crude oil palm stocks specifically fell more than 25% to 757,405 tons. While stocks fell, overall production of crude palm oil rose more than 7% to 1.70 million tons while palm kernel production rose nearly 10% on the month to […]

Read More

Malaysia’s long-awaited B10 to be implemented by year’s end

Malaysia’s long-awaited B10 to be implemented by year’s end

September 13, 2016 |

In Malaysia, the delayed implementation of the B10 policy that was scheduled for June will now be ready before the end of the year. With an estimated additional demand of 750,000 metric tons above the current B7 policy, the additional use of palm oil is expected to pare down stocks and support prices. The national […]

Read More

Malaysia and Indonesia to source joint palm oil ambassador to boost global image

Malaysia and Indonesia to source joint palm oil ambassador to boost global image

August 31, 2016 |

In Malaysia, in an attempt to counter negative messaging from anti-palm oil critics, Malaysia and Indonesia are going to appoint a joint Palm Oil Ambassador whose mission it will be spread the word about palm oil’s benefits around the world. Non-tariff barriers such as “no palm oil” labels on foodstuffs are a growing concern for […]

Read More

Malaysian palm oil prices seen recovering next year on Indian and domestic demand

Malaysian palm oil prices seen recovering next year on Indian and domestic demand

August 23, 2016 |

In Malaysia, palm oil prices may head back to $743.5 per metric ton next year thanks to growing demand for domestic biodiesel blending as well as increased demand from India. The country expects India to begin importing palm oil on the back of its new biodiesel blending policy. Last year, India was Malaysia’s largest palm […]

Read More

Malaysian biodiesel exports continue to rebound in July but still a fraction of 2015

Malaysian biodiesel exports continue to rebound in July but still a fraction of 2015

August 11, 2016 |

In Malaysia, biodiesel exports soared in July to 16,764 metric tons, up 74% over the previous month, and worth $12.13 million. It was the second highest volume to be exported so far this year. Exports this year are very far below last year’s, compared to July 2015 exports of 46,622 tons. That’s close to the […]

Read More

Malaysia looking to China as biodiesel import destination

Malaysia looking to China as biodiesel import destination

August 9, 2016 |

In Malaysia, the plantations ministry is encouraging biodiesel producers to tie up with palm oil importers in China’s Tianjin region in an attempt to help the country reach its 15% renewable transport fuel goals by 2020 and a potential biodiesel policy by that date. The region is already the third-largest entry point for palm oil […]

Read More

Malaysia delays B10 policy to later in the year but won’t say when

Malaysia delays B10 policy to later in the year but won’t say when

July 26, 2016 |

In Malaysia, the government says that it remains committed to implementing the B10 policy this year but it will happen later than planned. At first implementation was set for July, then August, and now sometime before year’s end. Rather than weigh on prices as expected, due to the delay, the government’s reaffirmed commitment helped to […]

Read More

Malaysian Biodiesel Association teams with India’s Andhra Pradesh on palm biodiesel

Malaysian Biodiesel Association teams with India’s Andhra Pradesh on palm biodiesel

July 21, 2016 |

In Malaysia, Malaysian Biodiesel Association has signed an agreement with India’s Andhra Pradesh Economic Development Board to explore potential collaboration, looking to a future biodiesel blending mandate in India and the palm oil giant’s possibility of exporting feedstock or fuel to supply that demand. Currently, India produces about 600,000 metric tons of biodiesel annually from […]

Read More