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National Biofuel PolicyThe National Biofuel Policy is a main biodiesel policy in Malaysia. It was launched by federal government on 10 August 2005. The policy is primarily aimed at reducing the country’s fuel import bill, promoting further the demand for palm oil which will be the primary commodity for biofuel production (alongside regular diesel), as well as to shore up the price of palm oil especially during periods of low export demand. Additional recommended knowledgeThe main policyBrief on new policy Malaysia’s National Biofuel Policy (interchangeably known as the National Biodiesel Policy) introduced by the government basically entails a four-prong strategy, which encompass:
JANUARY 18, 2007 Yanmar Co., a Japan-based global manufacturer of diesel engines and construction and agricultural machines, plans to build a facility in Malaysia to conduct research on the development of palm oil biodiesel, according to a report in Nikkei. The company plans to develop and test biodiesel for the industrial diesels it develops for its machines and generators. The new research facility, to be capitalized at ¥500 million (US$4.1 million), will be set up in Kota Kinabalu in east Malaysia, a major producer of palm oil. |
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "National_Biofuel_Policy". A list of authors is available in Wikipedia. |