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Malaysia to implement B30 biodiesel mandate in transport sector before 2025

February 25/2020

MOSCOW (MRC) --  Malaysia will implement a B30 biodiesel programme in the transport sector by 2025 or even earlier, Prime Minister Mahathir Mohamad said on Friday at the launch of the country's National Automotive Policy plan, said Reuters.

The policy will provide supporting measures including the development of testing and research standards to facilitate the adoption of biodiesel with a 30% palm oil content, Mahathir said.

Malaysia's primary industries ministry has previously said it plans to test a B30 programme in June.

As MRC infromed earlier, the price of Brent crude oil, the international benchmark, averaged USD64 per barrel (b) in 2019, USD7/b lower than its 2018 average. The price of West Texas Intermediate (WTI) crude oil, the U.S. benchmark, averaged USD57/b in 2019, USD7/b lower than in 2018.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,093,260 tonnes in 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments rose from both domestic producers and foreign suppliers. The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, petrochemistry, Crude oil.
Category:General News
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