In Malaysia, the Star newspaper reports that after reaching record low levels earlier this year, palm oil should start to recover on the back of falling stocks thanks to lower production and higher exports, with more demand seen in the short term thanks to Ramadan. April stocks fell 6.6% to 2.72 million metric tons compared […]
In Malaysia, local press reports that in an effort to help increase confidence amongst the driving public that B10 won’t damage vehicles, the government will set up a $1.2 million insurance fund that will pay for repairs to vehicles that are proven to have been damaged by the higher biodiesel blend. B10 was already launched […]
In Malaysia, local press reports that the country’s primary industries minister doesn’t see the European Union budging on its stance against palm oil for biofuel so in turn is taking a two-pronged approach to the challenge: on one hand preparing to move forward with a formal WTO complaint and on the other hand working with […]
In Malaysia, the palm oil board believes that palm oil could be a good feedstock for aviation biofuels and trials are currently going on with an unidentified American company in Chicago to test the possibility. The country’s palm oil industry is suffering from oversupply and is looking at ways to use the fuel while improving […]
In Malaysia, the Bernama news agency reports that palm oil production continued to rise in March to 1.67 million metric tons, up more than 8% from February, increasing the stocks of processed palm oil to 1.23 million tons but crude palm oil stocks fell more than 12% to 1.69 million tons. Exports nearly matched production […]
In Malaysia, Air Liquide Engineering & Construction entered into a partnership with Samsung Engineering, for the Front-End Engineering and Design (FEED) study of a methanol production plant for Sarawak Petchem, a state-owned oil and gas firm established and owned by the State Government of Sarawak, Malaysia. This FEED is a key step that will help […]
In Malaysia, Bloomberg reports that biodiesel exports to China and the EU from both Malaysia and China have soared during the first quarter of 2019, perhaps as much as 30% to 145,000 metric tons. At least another five cargos totaling as much as 250,000 tons have been booked for China for delivery between March and […]
In Malaysia, as the country looks to pull out all the stops to keep the European Union from blocking the use of palm oil for biodiesel due to alleged high indirect land use risk, it is now looking to hit Europe where it hurts—with fighter jets. Not the use of them, but the purchase of […]
In Malaysia, the Bernama news agency reports that the country’s palm oil council says the European Union’s sustainability criteria for biofuels banning the oil’s use due to allegedly high indirect land use change impacts should be suspended until the ILUC rule can be proven to be scientifically-based and non-discriminatory. In response to the EU’s rule […]
In Malaysia, over the weekend, the government threatened to challenge the European Union via the World Trade Organization if the EU continues to phase out palm oil from transportation fuel. Malaysia’s foreign ministry responded to the EU’s plan to phase out palm oil that was published on Wednesday as a “calculated political act” aimed at […]
