Breaking news (at least for me): Malaysia aims to become the major wood pellets producer in Asia (!!!)

According to fordaq, Malaysia is seeking to become Asia's major wood pellets provide!
I'm surprised by this news released. I have not thought that my area of research is heating up in my home country!
Apparently, the demand for wood pellets in Japan, China and South Korea are growing due to implementation of renewable energy policies. The Malaysian authorities (whoever these people are) are planning to cover up to 70% of the total Asian wood pellets demand by year 2020. The Asian demand of wood pellet is projected to grow to about 10 million tons per year.
Comparing to demand forecast in Europe, which is 50 – 80 million tons in year 2020. 10 million tons per year in Asia is quite sizable.
There is even a new organization formed in Malaysia called the Pellet Association of Malaysia (PAM), which aims to gather manufacturers on issues like quality, pricing and volumes.
On the federal government level, a National Biomass Strategy-2020 has been developed to help the pellet industry to reach the proposed targets.

There was a Asian Biomass pellets Conference in Seoul, that was partially sponsored by Pellet Association of Malaysia (PAM). More detail news on this here.