South Korea will decide soon new targets for biodiesel blend

The Ministry of Energy of the country is still working on a new mandate for biodiesel blend

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Refineries in South Korea are at war with the country’s government and require that the mixing volume of biodiesel to be maintained at 2% for 2014, saying it would increase their costs of production, which in turn would bring harm to the consumer.

The Ministry of Energy of the country is still working on a new mandate for biodiesel blend, but have expressed interest in increase it to 3%, which would be more consistent with global standards mixture.

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