Korea Unveils Biodiesel Law

摘要

South Korea has imposed a minimum 2% biodiesel requirement in its diesel mix effective Jan. 1, 2012, according to Korea National Oil Corp. (KNOC). The law, announced by the Ministry of Knowledge Economy, is unlikely to have a significant effect on the domestic market because Korean refiners already voluntarily sell biodiesel, which accounts for 2% of all diesel consumed in Korea.