Tuesday, March 31, 2009

Indonesia and South Korea to Develop Biofuel from Seaweed

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Indonesia and South Korea have agreed to develop a seaweed-based biofuel as part of the two countries’ commitment to encourage green energies and tackle global warming.

The use of seaweed as the raw material for biofuel production is expected to draw support from environmentalists, who recently criticized the use of land-based raw materials such as palm oil, maize and sugar cane as having caused massive deforestation across Indonesia’s tropical forests.

Secretary general of Indonesia Maritime Affairs and Fisheries Ministry Widi Agoes Pratikto and president of the Korea Institute of Industrial Technology (KITECH) Kyoung-hoan Na signed a memorandum of understanding for the biofuel development in Jakarta on Saturday, marking a joint cooperation to harness Indonesia’s abundant seaweed resources.

The agreement was signed at a meeting between chambers of commerce and industry from the two countries, and was witnessed by Indonesia’s Acting Coordinating Minister for the Economy, Sri Mulyani Indrawati and South Korea’s Knowledge Economy Minister Lee Youn-Ho.

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