Malaysia grants Asia BioFuel Tech licence

24 September 2007 10:12  [Source: ICIS news]

SINGAPORE (ICIS news)--Asia BioFuelTech (ABFT) has been granted a licence by the Malaysian government to sell and market its biodiesel plant technologies as well as to manufacture jatropha-based biofuel, a company source said on Monday.

 

The company which is 60% foreign-owned and 40% Malaysian-owned, uses technology from the UK company Simply Biofuels.

 

Asia BioFuelTech hopes to sell its reactor units, which use vegetable oil or waste/recycled vegetable oil as feedstock, to farmers looking to produce biodiesel on a small scale, he added.

 

The units have capacities of 500 litres/hr and 50 litres/hr and cost a “few hundred thousand” Malaysian ringgit, the source said.

 

The company planned to sell the units during the first phase and move on to producing its own biodiesel using jatropha feedstock in the second phase, he said, adding that this will depend on plant sales.

By: Jeanne Lim
+65 6780 4359

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