Biodiesel price must be controlled, says Kok

July 12, 2019

Deadline 2019-06-14, The Star:

The government has set up a committee – comprising four ministries – to come up with a mechanism to control the price of biodiesel containing 20% bio-content (B20) palm oil to boost domestic usage, says Primary Industries Minister Teresa Kok.

The committee will comprise of her ministry, Finance, International Trade and Industry ministries and the Prime Minister’s Department, she said, adding that the matter was discussed at the Cabinet meeting on Wednes­day.

Kok said there is a concern the price of palm biodiesel will increase if it is widely used.

“Therefore, we have to come up with a set of regulations after discussions with the related agencies,” she said after speaking at a seminar on Biodiesel (B7) implementation in the Industry Sector at a hotel here yesterday.


Panel formed to stabilise CPO prices before B20 fuel rollout

July 11, 2019

Dateline 2019-06-13, FMT:

The federal government has formed a special joint committee to ensure that crude palm oil (CPO) prices will remain stable when Malaysia introduces B20 biodiesel fuel next year.

The joint committee is headed by the primary industries ministry and consists of the finance and international trade and industry ministries and the Prime Minister’s Department.

B20 biodiesel fuel is a blend of 20% palm methyl ester and 80% petroleum diesel.