Japanese producers buck weak demand for algae-based biofuel

Southeast Asian production rises while palm oil waste also takes the spotlight

20200902 Chitose algae plant

An algae-growing facility designed by Chitose Group in Sarawak Biodiversity Centre, Malaysia (Photo courtesy of Chitose Group)

AKANE OKUTSU, Nikkei staff writer

TOKYO -- Japanese biofuel companies are expanding their production of fuel from sources such as algae and palm oil waste, despite the current lack of demand from the aviation industry and falling oil prices due to the COVID-19 pandemic.

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