Environmental Lobby Examines Samsung's $1.63 Billion Indonesian Biodiesel Project
Posted on July 30, 2008 at 01:00 AM EDT
JOHANNESBURG--July 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In Indonesia it is reported that 4.4 million acres of rainforest are consumed for logging and crop projects every year, and the Indonesian Palm Oil Association states that, in the future, member companies will only plant on existing palm oil plantations or use unproductive land that is lying idle. Against this background, a report in the Jakarta Post saying that the Samsung Group (Seoul, South Korea) is about to launch a 25,000-hectare palm oil plantation biodiesel project in the country's Riau province has put the environmental protection lobby on the alert.