Malaysia to move to B5 biodiesel blending as palm oil price drops; eyes B10
In Malaysia, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said that the lowered price of crude palm oil made it possible for the country’s 15 biodiesel plants to resume full production at full capacity and make a profit. The government, he said, would buy 500,000 tonnes of biodiesel in the next year and would distribute a B5 biodiesel blend. The minister said that if crude palm prices decrease further, the country would consider a B10 mandate.