Monday, October 20, 2008

Palm Oil To Be A Feasible Energy Source - Oct 20, 2008

Chennai: Delighting the advantage of being more profitable and feasible than soyabean oil, palm oil is likely to find new uses for industrial application and as an energy source, according to Mr Dorab Mistry, Director of Godrej International. Currently, there are curbs on palm oil use in energy due to lack of certified green credentials and with the problem being. efficiently addressed and once certified green palm oil is available in sufficient quantity a vast new market will open up, Mr Mistry said.

presenting a paper on 'The competitive advantage of palm oil versus other vegetable oils' at China International Conference of Seed Crushers 2008 held in Nanjing, China. Palm oil will produce environment-friendly, bio-degradable oleochemicals to substitute petro-chemcials and it will make vast strides to give world energy security via bio-fuel use.

No comments: