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Rabobank Warns of Overcapacity in Biodiesel in Asia

Posted on Saturday, March 10, 2007 posted by posted by Ecacofonix @ 10:53 AM

Rabobank warns of overcapacity in biodiesel

March 09, 2007

HONG KONG: Asia may see a large overcapacity in biodiesel due to an investment boom in Malaysia and Indonesia, Rabobank analysts warned on Thursday.

Though less than half of biodiesel projects currently planned are likely to be realised, Asia may see a surplus capacity of more than one million tonnes a year by 2010, analysts said.

Read the full story here @ Daily Times, Pakistan

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