Latest news with #biodiesel
Yahoo
a day ago
- Business
- Yahoo
BCL Industries Ltd (BOM:524332) Q4 2025 Earnings Call Highlights: Revenue Surge and Strategic Shifts
Release Date: May 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. BCL Industries Ltd (BOM:524332) reported a 21% year-on-year increase in total revenue for Q4 FY25, reaching 747 crores. The company achieved a significant 32% year-on-year growth in total revenue for FY25, amounting to 2,910 crores. BCL Industries Ltd is expanding its distillery capacity with a 150 KLPD expansion at Bathinda, expected to be commissioned by December 2025. The company is progressing with the installation of a 60-ton per hour paddy straw boiler, aimed at reducing fuel costs and improving operational efficiency. BCL Industries Ltd is executing a phased exit from the edible oil business, which is expected to improve overall margins and reduce debt. The company is facing challenges with the edible oil business, which has been a low-margin segment and is being phased out. There is uncertainty regarding the exact margin improvements from the biodiesel plant, as it is a new segment for the company. BCL Industries Ltd has experienced fluctuations in raw material prices, particularly maize, which have impacted margins. The company is still in the process of liquidating inventory from the edible oil business, which may affect short-term financials. There are concerns about the impact of government policies on raw material sourcing and pricing, which could affect future profitability. Warning! GuruFocus has detected 2 Warning Sign with BOM:524332. Q: Can you provide a roadmap for the 75 KLPD biodiesel plant, including CapEx, timelines, and revenue potential? How will this contribute to offsetting the decline in the edible oil segment? A: Most of the CapEx for the biodiesel plant has been incurred, with a total project cost of around 140 crore INR. We expect to commission it by July 2025. At full capacity, it should generate 200-225 crore INR in revenue. We are focusing on higher-margin businesses like biodiesel and ethanol to replace the low-margin edible oil segment, which utilized significant working capital. Q: What are the expected volumes and revenue from the distillery segment for the coming year, and what is the CapEx plan? A: We expect similar revenue figures from the distillery segment next year, with the addition of the 150 KLPD plant. The CapEx for the 75 KLPD biodiesel plant is around 140 crore INR, with most already incurred. The 150 KLPD ethanol plant has a total CapEx of 110 crore INR, with about 30 crore INR spent so far. Q: How did the 700 KLPD capacity perform this year, and what were the average maize prices? A: The 100 KLPD Karakpur expansion started in June 2024, and we faced some challenges with the paddy straw boiler in Bathinda. However, for the past two quarters, we've been operating at 100% capacity. The average maize price for the last quarter was around 25.5 INR, and we expect it to remain around this level for the year. Q: How do you see the margins evolving with the phase-out of the edible oil business and the focus on distillery and biodiesel? A: We expect margins to improve as raw material prices soften and the edible oil business phases out. The distillery and biodiesel segments will be the primary revenue contributors, leading to higher cumulative margins. We aim to complete the edible oil phase-out by June. Q: What is the company's stance on the potential import of maize and ethanol, and how does it affect the domestic market? A: We believe the Indian government will not allow the import of maize or ethanol, as the biofuels policy aims to increase farmers' income and promote crop diversification. The ethanol industry is crucial for creating domestic demand for agricultural produce, ensuring farmers receive fair prices. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Independent Singapore
4 days ago
- Business
- Independent Singapore
Malaysia to use B20 biodiesel in ports to cut greenhouse gas and reach net-zero carbon emissions by 2050
Photo: Freepik/tawatchai07(for illustration purposes only) SEPANG: Malaysia is ramping up its green efforts by switching from B10 palm-based biodiesel in its port operations to B20 biodiesel as part of a broader plan to reduce greenhouse gas (GHG) emissions by 45% by 2030 and reach net-zero carbon emissions by 2050, Bernama reported, citing Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani. Mr Johari said the government is targeting nationwide implementation, urging major ports including Penang Port, Port Klang, Johor Port, Tanjung Pelepas Port, and Kuantan Port to start using B20 biodiesel in their operations. Currently, Malaysian ports are using B10, a mixture of 10% palm-based biodiesel . B20, a blend of 20% palm-based methyl ester (PME) and 80% petroleum diesel, helps the environment by reducing the use of fossil-based fuels and lowering GHG emissions that contribute to global warming. After the launch of the B20 Use Pilot Project for Ground Service Vehicles and Machinery at the Kuala Lumpur International Airport (KLIA), Mr Johari told reporters that data are being collected to determine operational costs before full-scale implementation. Pilot projects have already been rolled out in Langkawi, Labuan, and Sarawak since 2020, and now KLIA, for its ground service vehicles and machinery. See also Najib named in 1MDB lawsuit ' This is one of the government's key initiatives because we've made a commitment to the world that we intend to achieve net-zero carbon emissions by 2050,' Mr Johari said, adding that the move also strengthens Malaysia's position as the world's second-largest producer of palm oil. He said the project is a joint effort by the Malaysian Palm Oil Board (MPOB), Petronas Dagangan Bhd, Malaysia Airports Holdings Bhd (MAHB), and Syarikat Teras Kembang Sdn Bhd. Petronas is supplying the B20 biodiesel, MAHB is running airport operations, and Syarikat Teras Kembang is in charge of supplying B20 to ground service vehicle operators and machinery at KLIA. Mr Johari called the launch a 'historic milestone', saying it marks the first time B20 biodiesel is being used in the ground service or industrial sector at Malaysian airports. /TISG Read also: Green promises, grey realities: Is Singapore's sustainability agenda working?
Malay Mail
5 days ago
- Business
- Malay Mail
Malaysia targets ports to adopt B20 biodiesel in drive toward net-zero emissions
SEPANG, May 29 — The government is targeting all ports nationwide currently using B10 palm-based biodiesel in their operations to transition to B20 biodiesel, said Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani. Johari said the initiative would support the country's efforts to meet its goal of reducing greenhouse gas (GHG) emission intensity based on Gross Domestic Product (GDP) by 45 per cent by 2030 and to achieve net-zero carbon emissions by 2050. 'In the future, I want to see every port, like Penang Port, Port Klang, Tanjung Pelepas Port, Johor Port and Kuantan Port, start using B20 biodiesel in their operations. 'We are currently collecting statistics, and based on that data, we will be able to determine the operational costs involved,' he told reporters after launching the B20 Use Pilot Project for Ground Service Vehicles and Machinery at the Kuala Lumpur International Airport (KLIA) here today. He said the government had already begun pilot projects for the use of B20 biodiesel in Langkawi, Labuan and Sarawak in 2020 and now at KLIA for ground service vehicles and machinery to create a big impact and be a catalyst for national change in the use of green energy. Johari said the initiative not only supports Malaysia's transition toward sustainable energy but alsod the initiative not only supports Malaysia's transition toward sustainable energy but also strengthens the country's position as the world's second largest producer of palm oil, which is committed to responsible and proactive practices. 'This is one of the government's key initiatives because we've made a commitment to the world that we intend to achieve net-zero carbon emissions by 2050,' he said. According to Johari, the project is being implemented through a strategic collaboration between the Malaysian Palm Oil Board (MPOB), Petronas Dagangan Bhd, Malaysia Airports Holdings Bhd (MAHB) and Syarikat Teras Kembang Sdn Bhd. He said Petronas Dagangan Bhd serves as the B20 biodiesel supplier, MAHB as the airport operator, while Syarikat Teras Kembang Sdn Bhd manages the petrol stations supplying B20 to operators of ground service vehicles and machinery at KLIA. 'This launch is a historic milestone as it marks the first time B20 biodiesel has been introduced for the ground service sector or the industrial sector at airports in Malaysia,' he said. B20 is a blend of 20 per cent palm methyl ester (PME) and 80 per cent petroleum diesel. Its use is seen as contributing to sustainability and reducing the use of fossil-based fuels, as well as reducing the use of GHGs that cause global warming. — Bernama
Reuters
5 days ago
- Business
- Reuters
Malaysia expands biodiesel usage of B10 to B20 on ground transport vehicles at main airport
KUALA LUMPUR, May 29 (Reuters) - Malaysia is expanding its biodiesel usage to ground transport vehicles at its main international airport as part of efforts to achieve net-zero carbon emissions by 2050, the commodities minister said on Thursday. Malaysia will increase the biodiesel blend from B10, a mixture of 10% palm-based biodiesel, to B20, for ground transport vehicles, Plantation and Commodities Minister Johari Abdul Ghani told a press conference after the launch of the biodiesel pilot project. Malaysia currently imposes a 10% biodiesel mandate nationwide, though a 20% biodiesel mandate is implemented in Labuan and Langkawi as well as the state of Sarawak, except Bintulu. Indonesia, the world's top palm oil producer, has launched the mandatory B40 biodiesel programme and is considering expansion to B50. 'If this pilot project succeeds, we will roll it out (to other sectors) as this is one of the country's initiatives and our commitment to achieve net-zero carbon emissions by 2050,' he said, without providing a timeline for the project's duration. Malaysian Palm Oil Board chairman Mohamad Helmy Othman Basha said similar pilot projects were also being implemented at several major ports such as in North Port Klang, Tanjung Pelepas Port, Johor Port, and Kuching Port. The usage of palm biodiesel, Mohamad Helmy said, would not only reduce dependence on fossil fuels but also empower small palm oil farmers and local communities involved in the industry. "This is proof that sustainable development and the economy can go hand in hand, benefiting both the people and the environment simultaneously," he said at the launch.
Bloomberg
6 days ago
- Business
- Bloomberg
Indonesia Is Pursuing the Worst Form of Solar Power
While the rest of the planet is catching on to the realities of energy, Indonesia is pursuing the most inefficient form of solar power — one that uses millions of hectares of land, is plagued by volatile supplies, and hides a dark legacy of environmental destruction behind its renewable image. We're talking about palm oil. The red grease is ultimately solar energy, soaked up by trees and converted into fatty fruit that can be crushed and refined into biodiesel. For all the angst about palm oil in cosmetics or confectionery, and its effect on endangered orangutan and tiger populations, by far the biggest use is Indonesian fuel.
