Ganz to raise Malaysia unit's biofuel output

06 December 2006 05:24  [Source: ICIS news]

SINGAPORE (ICIS news)--Ganz Biofuels plans to raise its biodiesel production to 30,000 tonnes/year in the next three months, a source with the Malaysian producer said on Wednesday.

The company was running the $5m (€3.75m) biodiesel facility at 50% currently as it did not have sufficient capital to produce at the full rate, he explained.

Ganz, which uses refined, bleached, and deodorised (RBD) palm oil as feedstock, exports all its products to the US and Europe markets.

It sells its glycerine by-product, which is refined to 88% purity, to suppliers in countries such as France and India, the source added.

($1 = €0.75)

By: Jeanne Lim
+65 6780 4359

< previous article(VIDEO - ICIS news Europe Lunchtime Bulletin 27 October 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly