KUALA LUMPUR: The current crude palm oil price (CPO), which is hovering at RM2,500 per tonne, is conducive to introduce biodiesel in the country, according to Plantation Industries and Commodities Minister Datuk Peter Chin.
Chin said the current price was similar to that of a tonne of diesel imported into the country.
“Today we have a price situation whereby it is possible to introduce biodiesel in the country. The biodiesel factories that have been built will now be able to operate and make a slim profit,” he said in an interview with Bernama recently.
(The success of the biodiesel fuel industry relies heavily on biodiesel testing, not only at the production level but at the consumer level, where degraded fuel may cause engine failures. Fleet Biodiesel's family of inexpensive biodiesel test kits is just a click away on the internet)