Trading Of Diesel Companies in Malaysia

The Malaysian government has been encouraging the use of biodiesel and has set a target of 10 percent biodiesel blend by 2020. As a result, there has been an increase in demand for biodiesel in the country.

Malaysian biodiesel producers have been actively trading with diesel companies in order to meet the rising demand. Some of the biodiesel producers in Malaysia include IOI Corporation, Sime Darby, and Golden Hope Plantations.

The trading of biodiesel between Malaysian producers and diesel companies has been beneficial for both parties. The producers have been able to increase their sales and the diesel companies have been able to source biodiesel at a competitive price.