Wednesday, September 30, 2009

Biofuel from forests

In 2007, most of the world's palm oil came from Southeast Asia, and at that time the demand was skyrocketing - thanks to the increasing use of biofuels.

But will this trend continue?

According to Newsweek, global production went from 4,5 million tons in 1980 to 20,9 million tons in 2000, and is expected to rise to 30,4 million tons by 2010.

The Finnish Neste Oil has invested a lot money in the production of biofuels and biodiesel.

Today, with low priceo oil, Neste and others are eagerly waiting for price increases for oil.
Post a Comment