View Full Version : High palm oil prices halt USD5.5 billion Indonesian biodiesel plan

8th March 2008, 08:40 PM
(automatically updated/inserted from The Envirofuels Blog)

Bloomberg are reporting that Indonesian palm oil growers including PT Sinar Mas Agro Resources and Technology and China National Offshore Oil Corp. are halting or amending a USD5.5 billion biodiesel plan after the recent increases in palm oil prices made the rendered the projects no longer viable.

Please click this link to read the full article on the Envirofuels website. (http://envirofuel.com.au/2008/03/08/high-palm-oil-prices-halt-usd55-billion-indonesian-biodiesel-plan/)