Malaysia, Chinese Firm Sign Deal on 2nd-Generation Biodiesel, Biojet Fuel
by Mei Mei Chu (Channel News Asia) Malaysia and China’s state-owned Shanxi Construction Investment Group on Monday signed a memorandum of understanding (MoU) to collaborate on the production of second-generation biodiesel and biojet fuel.
Shanxi Construction plans to invest in a hydrogenated vegetable oil (HVO) plant, also known as second-generation biofuel, in Malaysia’s southern state of Johor, Malaysia’s Commodities Ministry said.
“The HVO plant has the potential to produce Sustainable Aviation Fuels which is also known commonly as biojet fuels,” the ministry said, adding there was increasing demand for HVO including from Europe.
Each HVO plant is expected to bring foreign investment worth 3 billion ringgit (US$712.25 million) and create nearly 800 jobs, it said. READ MORE
MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN SHANXI CONSTRUCTION
INVESTMENT GROUP CO. LTD., MALAYSIAN PALM OIL BOARD AND INSTITUTE OF COAL
CHEMISTRY, CHINESE ACADEMY OF SCIENCES AND PENGERANG MARITIME INDUSTRIES SDN.
BHD., A WHOLLY- OWNED SUBSIDIARY OF BENALEC SDN BHD, WHICH IN TURN IS WHOLLYOWNED BY BENALEC ON TECHNICAL EXCHANGE ON PRODUCTION OF 2ND GENERATION
BIODIESEL AND BIOJET FUEL IN MALAYSIA (BursaMalaysia.com)
New HVO plant planned for Malaysia (Biofuels International)
