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The procurement of foreign biodiesel is for hedging purposes, says CPC

Nuying Huang, Taipei; Jackie Chang, DIGITIMES Asia Thursday 18 August 2011 0

Taiwan industries have been having doubts about the procurement of biodiesel by Taiwan's Chinese Petroleum Corporation (CPC) from the international market. According to CPC, the procurement is a hedging tool. Taiwan's Bureau of Energy (BOE) stated CPC...

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