What value chain is missed when focusing only on biofuel production?

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The Overlooked Value Chain in Bioresource Utilisation

Focusing solely on biofuel production overlooks approximately 90% of the potential value chain within bioresources. The true economic opportunity lies in developing biobased chemicals, such as fertilisers, bioplastics, solvents, and lubricants, which are currently manufactured using crude oil refineries. Establishing industries in these areas, like bioplastics or biochemical fertilisers, would build significant manufacturing capacity for Malaysia, extending beyond mere energy security.

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What value chain is missed when focusing only on biofuel production?

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