In Malaysia, Marubeni Corporation signed a memorandum of understanding regarding a feasibility studyon the production and sales of sustainable aviation fuel utilizing biomass resources in collaboration with InvestSarawak, a Malaysian state government agency under the purview of the Ministry of International Trade, Industry and Investment. Marubeni formulated its long-term climate change vision in March 2021 […]
In Malaysia, The Sun reported that the Ministry of Housing and Local Government (KPKT) has identified 18 locations for the development of solid Waste-to-Energy (WTE) plants throughout Malaysia as a new method of solid waste management to eradicate landfills. Minister Nga Kor Ming said the development of the plants will use the latest and advanced […]
In Malaysia, Scania is pilot testing renewable fuels and electrification solutions with Iskandar Regional Development Authority (IRDA) for the Iskandar Malaysia Bus Rapid Transit (IMBRT). Scania held tests in two buses over the 20-kilometre loop route from April 11 to 15; the 10-meter biodiesel for schedule passengers, and the 12-meter Electric development project for IRDA’s […]
In Malaysia, Reuters reports that Ecoceres will start its second biofuel facility during the second half of next year, producing 220,000 tpy of sustainable aviation fuel and 130,000 tpy of hydrotreated vegetable oil from used cooking oil and palm oil mill effluent. The company is already operating a smaller 260,000-tpy biofuels facility in China that […]
In Malaysia, CNA reported that the government of Malaysia said it will closely monitor how the EU responds to a World Trade Organization (WTO) ruling that supported the bloc’s stance that palm oil-based biodiesel should not count as a renewable biofuel, but sought changes in how it implemented that decision.The report noted that a WTO […]
In Malaysia, the Borneo Post reports Gamalux expects to produce 100,000 metric tons of sustainable aviation fuel feedstock from palm oil before the end of the year. Last year, the company produced about 80,000 tons of SAF feedstock, with most going to Europe. The company is aiming to be the largest biofuel feedstock producer in […]
In Malaysia, Reuters reports palm oil prices are expected to rise over the next few months in part due to increasing demand for biodiesel as well as stagnating production in key countries Indonesia and Malaysia. Palm oil prices have already increased 10% in 2024. Growth in palm oil is expected to be the lowest in […]
In Geneva, the WTO circulated the panel report in the case brought by Malaysia in “European Union and Certain Member States — Certain measures concerning palm oil and oil palm crop-based biofuels”. Malaysia challenges certain measures introduced by the European Union (EU) concerning biofuels, notably those relating to the determination of palm oil as a […]
In Malaysia, The Edge reported that Straits Energy Resources said its subsidiary Tumpuan Megah Development is set to enter the marine biofuel trading and bunkering industry in the first quarter of 2024, after it was certified by the International Sustainability and Carbon Certification (ISCC EU) scheme. Tumpuan Megah is the first Malaysian industry player to […]
In Malaysia, Platts reports that palm oil prices are expected to recover next year thanks to increased demand following increases in biodiesel blending worldwide, while palm oil production is likely to remain stagnant in Indonesia and Malaysia. By the third quarter of 2024, analysts expect palm oil futures prices to reach beyond $850 per metric […]
