Malaysia's Palm Oil Biodiesel Finds New Markets

MANILA, PHILIPPINES--June 1, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Belgium announced the banning of palm oil and soybean-derived biofuels in its market and transportation sector by next year. With this change, Malaysia's palm oil biodiesel sector seems unaffected as producers are increasing palm oil biodiesel exports to other locations, especially the Middle East and Africa. The Malaysian government has taken initiatives to explore new markets since 2019.