KL approves nine bio-diesel projects

Wed, 07 Dec 2005 | Source: AP

KUALA LUMPUR: The Malaysian government said on Tuesday it has approved nine license applications for bio-diesel manufacturing projects, mostly from foreign investors keen on tapping the potential of alternative fuel.

"These are all investment proposals that have been approved," Plantations, Industries and Commodities Minister Peter Chin told reporters. "Whether they are actually built or not is something that is to be seen."

He said Singapore and Italy are among the countries whose companies have applied for licenses to build the projects.

Malaysia is the world's biggest producer of palm oil, which can be converted into methyl ester, a diesel substitute. -- AP

View JSON | Print