Malaysia Ships First Biodiesel Export to Europe
November 13, 2013News article: http://www.thestar.com.my/Business/Business-News/2013/11/08/FGV-makes-maiden-biodiesel-shipment-to-Europe.aspx
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In Malaysia, Felda Global Ventures has sent its first ever biodiesel shipment to Europe, which passed the sustainability and quality standards set by the European Union, making a new milestone in the company's biodiesel history.
The consignment of 4,200 metric tons of certified palm oil biodiesel was shipped en route to one of the world's largest ports in Rotterdam, Netherlands before being delivered to a reputable Switzerland-based energy company.
The company said the breakthrough would not just pave the way for FGV to further expand its export market in Europe and beyond but also contribute towards positioning Malaysia as a major global biodiesel producer, as envisioned in the government's National Biofuels Policy.
The company is also looking to supply biodiesel to the United State and China markets following growing interest in renewable energy in both world economic powers. It is estimated that the global demand for biodiesel could reach up to 15 million metric tons by 2020.
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