China mulls building palm oil-based biodiesel plant

China, which is Malaysia’s top palm oil buyer, is mulling building its first-ever palm oil-based biodiesel plant to reduce its dependency on expensive fossil fuel.

The plant, which will have an annual capacity of 100,000 tonnes, could be located either in Malaysia or China. It costs an estimated RM40 million to build a 60,000-tonne biodiesel plant in Malaysia.
Business Times