What can hurt Malaysian biodiesel? How 'bout high palm oil prices

Writing from Kuala Lumpur, a reporter for Thomson Financial explains that the high cost of palm oil is making biodiesel in Malaysia uncompetitive. As we mentioned earlier this year, Malaysia has other biodiesel problems that are delaying the implementation of the mandatory B5 fuel blends in the country. The latest news is that, of the 91 biodiesel plants that were approved as of a month ago, only four were in operation (another four are being tested). Plantation Industries and Commodities Ministry parliamentary secretary S Vijayaratnam said that, "Based on the high price of palm oil -- which is the raw material feedstock of the biofuel at the moment -- the use of biofuel is not competitive."
Sounds like a mixed blessing. Palm oil for biodiesel is unfriendly to the environment, but using the biofuel is cleaner than straight diesel. Guess things will just continue on as they have been.
[Source: Thomson Financial / Forbes]
Reader Comments (Page 1 of 1)
Gary Evans 2:34PM (11/02/2007)
Note
We build an 1000 gallon unit in a 20' cargo container. I have included our most recent video on our 100 gallon unit. Please take a look at it and I would love your feedback.
The video link: http://www.brightcove.tv/title.jsp?title=1283221593
My email: brogary@comcast.net
866-605-6431
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Gary Evans 2:41PM (11/02/2007)
We build a 1000 gallon unit housed in one 20 cargo container that will makes biodiesel.
Video on 100 gallon unit http://www.brightcove.tv/title.jsp?title=1283221593
My Email brogary@comcast.net
866-605-6431
Will have video soon on 1000 gallon unit being delivered to small trucking company in California.
Contact me if you want me to send you the video.
Thanks
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