The Borneo Post

Malaysia will intensify efforts, explain on palm oil to EU

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PUTRAJAYA: Malaysia will intensify its efforts to explain about the palm oil industry to the European ministers as well as the European Commission­s before the bloc made its final decision on banning the use of the commodity in biofuels starting 2021.

We will explain to them through our embassies in 16 European countries as well as engage with EU members’ offices here in Malaysia to ensure that all the facts, correct informatio­n on palm oil as well as our objections to the ban are communicat­ed to them. Datuk Seri Mah Siew Keong, Plantation Industries and Commoditie­s Minister

“Fair share of treatment should be given to other vegetable oils used in the biofuel mix in Europe, such as grapeseed. Even so, the EU Parliament has always been anti-palm oil,” he said.

Despite the disappoint­ing updates, Mah said Malaysia and the other palm oil producing countries will step up efforts to give clearer picture on oil palm plantation, as decline in votes for the ban by the Members of European Parliament ( MEPs) yesterday proved that the ongoing efforts taken by the producing countries are showing some improvemen­t.

In April 2017, 640 MEPs voted for the ban of palm oil usage in biofuels, however, during yesterday’s parliament­ary meeting, the number of voters agreeing to the ban had reduced to 429 MEPs.

Mah also noted that one-third, or roughly 600,000 tonnes of two million tonnes of palm oil and palm oil products exported to the EU were used for biodiesel, and the EU imported 215,000 tonnes of biodiesel directly from Malaysia.

“The EU’s total demand for palm-oil based biodiesel stands at 2.8 million tonnes, whereby we supply 800,000 tonnes and the remaining two million tonnes are from Indonesia,” he added. — Bernama

 ??  ?? Mah (middle) launches the ‘Oil Palm Replanting’ book during the Palm Oil Economic Review and Outlook (R&O) seminar yesterday. Also present are Plantation Industries and Commoditie­s Ministry Secretary General Datuk K Yogeesvara­n (left) and MPOB Director...
Mah (middle) launches the ‘Oil Palm Replanting’ book during the Palm Oil Economic Review and Outlook (R&O) seminar yesterday. Also present are Plantation Industries and Commoditie­s Ministry Secretary General Datuk K Yogeesvara­n (left) and MPOB Director...
 ??  ?? Following this latest developmen­t, AmInvestme­nt Bank forecasts were unchanged as Digi’s payment of RM14 million to the Telenor group to terminate a MoU and service order for IT infrastruc­ture services accounts for less than one per cent of FY18F...
Following this latest developmen­t, AmInvestme­nt Bank forecasts were unchanged as Digi’s payment of RM14 million to the Telenor group to terminate a MoU and service order for IT infrastruc­ture services accounts for less than one per cent of FY18F...

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