Asia-Pacific biodiesel consumption to increase 175 percent by 2013, study says

A Frost & Sullivan market report projects Asia-Pacific biodiesel consumption reaching 311 Mgy by the end of 2007. Leading markets are China, Australia, Indonesia and the Philippines.

The study projects that demand will increase to 855 Mgy by 2013 as government renewable fuels mandates take hold, noting that New Zealand, the Philippines and South Korea have introduced biodiesel blending mandates.

The Wall Street Journal recently published a round-up of Asian biofuel development. The report said that there were 45 approved ethanol projects in Thailand, with a total capacity of more than 1000 Mgy. More than half of the projects utilize cassava as a feedstock and those account for at least 700 Mgy in capacity.

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