In India, Universal Biofuels secured allocations to supply more than 18 million liters of biodiesel to India’s three government-owned Oil Marketing Companies (OMCs) during a three-month period, which is expected to generate approximately $17 million in revenue. In addition to OMC customers, Universal is supplying private commercial customers with distilled biodiesel. Additional OMC fuel supply […]
In Brazil, Correio do Povo reports the GDP of the soybean and biodiesel chain in Brazil can advance 6.87% this year, and reach more than R$ 662 billion. This was what was found by the Center for Advanced Studies in Applied Economics (Cepea), of Esalq/USP, in partnership with the Brazilian Association of Vegetable Oil Industries […]
In South Korea, Chosun newspaper reports South Korea’s Fair Trade Commission has launched sanction proceedings against seven biodiesel producers accused of colluding on biodiesel and bio-heavy oil bids for more than 11 years. The investigation covers contracts worth about $7.1 billion (9.7 trillion won), with authorities alleging the companies coordinated bids and supply volumes in […]
In Malaysia, the Malaysian Reserve newspaper says the government estimates that increasing biodiesel blends from B10 to B12 or B15 in Peninsular Malaysia and Sabah will reduce annual diesel consumption by about 334,139 metric tons, equivalent to nearly 386.7 million liters. The Ministry of Plantation and Commodities said the higher blends would extend the country’s […]
In Argentina, Rosario 3 reports Essential Energy Holding has begun to develop advanced biodiesel formulas aimed at supplying maritime and river navigation. This initiative seeks to transform the consumption matrix of ships operating on the waterway. The technical development and elaboration operations are concentrated in two strategic units located in the productive heart of Santa […]
In Indonesia, Palm Oil Magazine reports the government said its biodiesel program continues to strengthen the domestic palm oil industry by increasing demand without reducing export competitiveness or disrupting cooking oil supplies. The Palm Oil Plantation Fund Management Agency (BPDP) also finances cooking oil subsidies, research, workforce development, scholarships, and the Smallholder Palm Oil Replanting […]
In Canada, Unifor has signed a memorandum of understanding with Biidaaban Renewable Energy that opens the door for Local 593 members to return to work this summer at the Hamilton biodiesel facility, nearly a year after the plant’s previous owner moved to close it permanently. The agreement comes as the facility at Pier 14 in […]
In Malaysia, Platts reports Malaysia’s palm oil market is expected to tighten during the 2026-27 marketing year as El Niño-related dry weather reduces production while the country’s B15 biodiesel mandate boosts domestic demand, according to the U.S. Department of Agriculture. Palm oil production is forecast to decline to 19.7 million metric tons, while domestic consumption […]
In the UK, Secretary of State for Business and Trade has accepted the Trade Remedies Authority (TRA)’s recommendation to maintain current duties on imports of biodiesel from Indonesia. Biodiesel is commonly supplied for use as road transport fuel in the UK. The TRA started its review on 6 December 2024. The review looked at whether […]
In Canada, HOPA Ports and the Mississaugas of the Credit Business Corporation (MCBC), the entity representing the business development interests of the Mississaugas of the Credit First Nation (MCFN), have partnered to save a critical biodiesel production facility in Ontario from permanent closure. This effort is anchored by the development of a new Memorandum of […]
