Malaysia's Minister of Plantations and Commodities, Fadillah Yusof, announced that he is considering expanding the B10 biodiesel program. This program requires the mandatory use of 10% Palm oil. The industrial sector would welcome expansion.
Currently, the B10 program is only in effect in the Malaysian transport sector, ensuring that vehicles run in a more environmentally friendly manner. However, the minister did not specify a concrete date for finalizing the decision to expand the program to the industrial sector, which generated expectations and uncertainty in the business community.
It is worth noting that Malaysia has already taken significant steps towards the use of more sustainable biofuels. The country previously launched the B20 program in phases, which represents the utilization of 20% of palm oil in biodiesel, and the expansion of this program to the entire country would result in a significant increase in the consumption of crude palm oil, surpassing the 1 million tons annually, according to Yusof.
In line with efforts to promote environmentally conscious practices, the minister reiterated the Malaysian government's commitment to establishing a mandate that will require the use of biodiesel with 30% palm oil by the year 2025. This measure represents an ambitious step towards reducing carbon emissions and promoting the palm oil industry in Malaysia. The implementation of this mandate reflects the country's commitment to meeting sustainability objectives and growing demands for cleaner energy.
Source: datagro
