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Dubai makes big biodiesel investment in Malaysia

Photo by Soylentgreen23. Licensed under Creative Commons license 2.0. As we noted when Dubai announced a test of GM Hybrids for taxi and limo service, just because the Emirate has a lot of oil doesn't mean it isn't interested in checking out alternatives. News is out today that the Dubai Group has made a large ($49.5 million U.S.) investment in Malaysian biodiesel company GBD and now has a 30 percent stake in that company. The emirate-owned Dubai Investment Group's CEO, Abdulhakeem Kamkar, said that renewable energy and biofuels are the ... Read more →

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

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 ...

Dubai makes big biodiesel investment in Malaysia 1 year ago on Autoblog Green

Photo by Soylentgreen23. Licensed under Creative Commons license 2.0. As we noted when Dubai announced a test of GM Hybrids for taxi and limo service, just because the Emirate has a lot of oil doesn't mean it isn't interested in checking out alternatives. News is out today that the Dubai Group has ...

What can hurt Malaysian biodiesel? How 'bout high palm oil prices 2 years ago on Autoblog Green

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 ...


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