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Palm oil boon may well be biodiesel bane

Posted on Saturday, April 21, 2007 posted by posted by Ecacofonix @ 1:44 AM

Palm oil boon may well be biodiesel bane

By Zaidi Isham Ismail

April 19 2007, Business Times, Malaysia

Malaysia's crude palm oil (CPO) prices have soared to record levels, but, ironically, may also hurt another equally lucrative and rejuvenated sector - palm oil-based biodiesel.

This is because CPO, the main raw material needed to make biodiesel, is set to become more expensive than the selling price of biodiesel, says this report.

Read the full news report here @ Business Times, Malaysia

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