Tag: palm oil

Malaysia looking at opportunities for palm oil in aviation biofuel

Malaysia looking at opportunities for palm oil in aviation biofuel

April 18, 2019 |

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 […]

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Indonesia starts B100 trials in face falling palm oil demand from Europe

Indonesia starts B100 trials in face falling palm oil demand from Europe

April 15, 2019 |

In Indonesia, the Antara news agency reports that the agriculture minister is pushing for the use of B100 as a way to counteract the strong likelihood that palm oil demand from Europe will fall off as a result of anti-indirect land use rules. On Monday, the minister launched a B100 trial in a four-wheeler tractor […]

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Malaysian March palm oil stocks rise against February but biodiesel soars 126%

Malaysian March palm oil stocks rise against February but biodiesel soars 126%

April 11, 2019 |

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 […]

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Colombia joins Malaysia and Indonesia on crusade to save palm oil from EU discrimination

Colombia joins Malaysia and Indonesia on crusade to save palm oil from EU discrimination

April 10, 2019 |

In Belgium, the New Straits Times newspaper reports that Colombia has officially joined Malaysia and Indonesia in calling for the European Union to drop its discriminatory treatment of palm oil for biodiesel production. About 95% of the world’s palm oil is produced by the three countries. The countries claim that the ILUC risk policy under […]

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Neste’s palm oil and PFAD supply chain data for year 2018 published

Neste’s palm oil and PFAD supply chain data for year 2018 published

April 7, 2019 |

In Finland, Neste has updated its palm oil and palm fatty acid distillate (PFAD) supply chain data for year 2018 on its traceability dashboard. The dashboard supplements Neste’s sustainability reporting by providing detailed information about the company’s palm oil usage as well as its palm oil supply chain in 2018. The dashboard can be found […]

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Palm oil-based biodiesel exports to China and EU soar in Q1

Palm oil-based biodiesel exports to China and EU soar in Q1

April 3, 2019 |

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 […]

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Japan gives Indonesia two more years to demonstrate palm oil sustainability

Japan gives Indonesia two more years to demonstrate palm oil sustainability

April 3, 2019 |

In Japan, Reuters reports that the national trade and industry ministry has pushed back the requirement for palm oil used in biomass power plants to have Roundtable on Sustainable Palm Oil certification until 2021 rather than the previously planned March 31, 2019 deadline. The extension came as part of bilateral cooperation negotiations with Indonesia. Japan […]

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Indonesia looks to bring forward B30 transition in response to EU palm oil ban

Indonesia looks to bring forward B30 transition in response to EU palm oil ban

March 28, 2019 |

In Indonesia, the Jakarta Post reports that the European Union’s ban against palm oil for use in biodiesel due to its indirect land use change calculations is the driver for Indonesia to race towards implementation of a B30 mandate, helping to absorb some of the surplus oil that would typically go to Europe. Introduction of […]

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Malaysia threatening fighter jet purchases on back of EU palm oil ban

Malaysia threatening fighter jet purchases on back of EU palm oil ban

March 25, 2019 |

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 […]

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EU Ambassador says there is no EU ban on palm oil

EU Ambassador says there is no EU ban on palm oil

March 24, 2019 |

In Indonesia, Ambassador of the EU to Indonesia Vincent Guérend said in a statement on Friday that no specific biofuel or feedstock is targeted, all vegetable oils are treated equally, and palm oil is not identified as a bad biofuel, according to Antara News. “Biofuels are an important element of the EU’s renewable energy policy. […]

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