Palm oil consumption to rise with B10 implementation

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KUALA LUMPUR: The full implementation of the B10 biodiesel programme in Malaysia will see domestic annual consumption of palm oil reaching 1.2 million tonnes, said the Plantation Industries and Commodities Ministry.

Its secretary-general Datuk Himmat Singh, who delivered the opening keynote at the Palm and Lauric Oils Conference 2015/2016 on behalf of Minister Datuk Amar Douglas Uggah Embas yesterday, said the ministry is exploring the possibility of implementing the B10 programme nationwide.

“We will also explore the implementation of the biofuel programme in other sectors, such as industry and power generation. In the longer term, this will contribute towards enhanced domestic consumption of palm oil, as well as contribute to the usage of an environmentally-friendly and sustainable source of energy,” he said.

He added that Malaysia will continue to promote the use of palm oil in global markets.

“This includes making available data on the use of palm oil for a variety of purposes, and collaborating with research institutions in major importing countries,” said Himmat.

He added that Malaysia will also continue to undertake outreach activities in overseas markets on the suitability and sustainable perspectives of palm oil.

 

This article first appeared in The Edge Financial Daily, on March 4, 2015.