A source told The Edge Financial Daily that the B10 biodiesel mandate for the transport sector will be implemented in Johor by Dec 1. Meanwhile, Reuters reported the same after sighting an email sent by the Malaysian Palm Oil Board to industry participants. The biodiesel programme was initiated to reduce dependence on petroleum diesel but the implementation has been delayed. A higher biodiesel mandate would also increase demand for palm oil, which is used as a component of biodiesel. Full implementation of the B10 programme would consume 750,000 tonnes of palm oil a year, the MPIC had reportedly previously.

Source: The Edge Markets November 04, 2016 02:07 UTC