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50 percent drop in palm oil prices is reigniting Southeast Asian biodiesel production, experts say

In Singapore, the 50 percent drop in global palm oil prices to $667 per tonne will spur biodiesel production in South East Asia, according to industry leaders at LMC International and Godrej. CPO hit ...

Biofuels experts say German ban on subsidies for palm, soy oil will boost rapeseed demand

In Germany, the Executive Officer of the German Association for Oil Seed Processing Industries, Jörg Eggers, said that the anticipated new German policy of excluding palm oil or soya oil from federal...

Palm oil futures hit record $901 per ton as oil price hikes have ripple effect

Palm oil futures rose to a record $901 per ton yesterday on the Malaysian Derivatives Exchange. This translates to a producer cost of $3.15 per gallon, or about 40 cents higher than the current US cos...

Agriculture experts warn that ethanol subsidies creating real estate bubble; similar conditions in the 70s produced 80s collapse

Agricultural experts warn that US corn farmers are exposed to a potential "crash" owing to ethanol subsidies. “U.S. energy policy has been friendly to ethanol in the last couple of decades. The ...

BioTrucker Fuel Card debuts, gives truckers cash prices on biodiesel at 149 truck stops; seen as critical new promotion tool for biodiesel retailers

The National Biodiesel Foundation announced the BioTrucker Fuel Card, which gives the cash price (or a discount of up to $0.02) and a waiver on fuel transaction fees at 149 truck stops around the coun...

Palm oil price drop pushes Malaysia’s Carotino to 95 percent biodiesel plant utilization

In Malaysia, Carotino announced that it has increased utilization at its biodiesel plants to 95 percent of capacity, owing to the 60 percent drop in crude palm oil prices. Company executives said that...