February 6, 2015
China Biodiesel Industry Encourages Foreign Investments
On January 23, 2015, China’s National Energy Administration issued a biodiesel industry development plan (available in Chinese) to improve the biodiesel sector. The plan encouraged the production of cleaner fuels as well as the use of renewable fuels by promoting foreign companies’ participation in the industry; mergers, acquisitions, and restructuring of domestic biodiesel companies; and fuel blending of biodiesel. The plan will initially focus on the areas with the most air...