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Africa to become the world's biodiesel supplier?

Crude palm oil (CPO), used extensively as a biodiesel feedstock in South East Asia, has seen its popularity go through the roof over the last few years as Europe's mandatory biodiesel targets have seen global demand boom. Despite the environmental concerns over large scale rainforest destruction to make way for ever more oil palm plantations, the price of CPO has been low enough that economic demand has not waned. The laws of supply and demand have started to kick in though and suddenly palm oil biodiesel is struggling to match the recent ... Read more →

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