On the road to recovery
Early optimism that vaccination protection would facilitate a rapid return to normal has gradually given way to an acceptance that this is a pandemic which is more likely to keep hitting us in renewed variant waves for the foreseeable future.
Assessing the current state of the biofuels industry across Asia, therefore, it is clear the pandemic has had a marked production and demand impact on the sector, is still impacting businesses today, and will continue to do so in the months and years ahead.
Mixed picture
While Asian country reports from the US Department of Agriculture (USDA) tell a largely repetitive story of triumph, for some, in the face of COVID-19, there is also considerable evidence that others have struggled and have more battles still to face. In Indonesia, for instance, the USDA’s verdict is that the country has maintained its nationwide biodiesel programme this year, achieving a high on-road blending rate average of 30% since 2020.
That is despite the financial...