They invested RM22 billion in the hope of hitting a ‘gold mine’. And now they have almost zero production.
That’s the fate of the Malaysian biodiesel industry players, which have an installed capacity of 2.6 million tonnes. Read The Star report here.
And now, guess what, they are asking the government for subsidies. How do you like that? Didn’t they factor in the various risks? I still remember a business weekly gushing about the prospects of the biofuel industry and the big moves planned by the various players.



