Chemrez president Dean Lao Jr. told reporters during a media tour at D&L’s new PHP10.5-billion factory here on Monday that its biofuel capacity is currently at 90 million liters, which only cater to a portion of the overall demand. The demand for biofuel will further increase as the DOE Circular 2024-05-0014 takes effect Tuesday (Oct. 1), wherein all coco methyl ester (CME) blend for all diesel fuel should be at least 3 percent (B3) from the current 2 percent (B2). This will translate to a 450-million-liter increase in biofuel demand. Biodiesel mix will further increase to 4 percent (B4) on Oct. 1, 2025, and to 5 percent (B5) on Oct. 1, 2026.