From 47cf62eb55ff7f4c4f0868a34b918a4e66619cea Mon Sep 17 00:00:00 2001 From: Florene Moen Date: Mon, 13 Jan 2025 09:58:33 +0000 Subject: [PATCH] Add 'Indonesia Plans Increase in Palm Oil-based Biodiesel In 2025' --- ...ans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md | 10 ++++++++++ 1 file changed, 10 insertions(+) create mode 100644 Indonesia-Plans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md diff --git a/Indonesia-Plans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md b/Indonesia-Plans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md new file mode 100644 index 0000000..5342058 --- /dev/null +++ b/Indonesia-Plans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md @@ -0,0 +1,10 @@ +
JAKARTA, July 24 (Reuters) - Indonesia, the world's greatest palm oil manufacturer, is evaluating fuel with a view to increasing to 40% from 35% the share of [palm-oil mixed](https://www.crunchbase.com/organization/mission-newenergy) into [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) next year, the energy ministry stated.
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If implemented, the B40 required might increase [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) intake to as much as 16 million kilolitres (KL) next year, the ministry said, from 13 million KL approximated to be [consumed](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) in 2024.
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"We hope the trials might be ended up in December, so that full execution of B40 might be performed in 2025," energy ministry senior official Eniya Listiani Dewi stated in a declaration on Tuesday.
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The Indonesian [Biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Association (APROBI) stated the industry had the capability to fulfill B40 need, with set up capacity anticipated to [increase](https://www.zoominfo.com/c/mission-newenergy/346542889) to 20 million KL each year next year from 18 million KL now.
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"However we will require more basic materials to satisfy B40 demand," Ernest Gunawan, the secretary general of APROBI told Reuters on Wednesday.
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The [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) industry would need 13.9 million metric lots of [unrefined palm](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) oil to produce 16 million KL [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) next year, from the estimated 11 million tons required this year, he included.
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[Indonesia's](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) greatest palm oil association GAPKI said a decrease in exports indicated there would be adequate raw products to provide the B40 required in the meantime.
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But the market would need to assess "which one would be better", GAPKI chairman Eddy Martono stated, describing the [possibility](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) an increase in exports would make providing the [domestic market](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) less viable.
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[Indonesia's palm](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) oil output is [approximated](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to reach 54.4 million lots in 2024, a 2.26% boost from in 2015, while exports are expected to decline by 2.47% to 29.5 million tons as domestic intake rose, driven by [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) mandate.
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The [ministry](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) had checked the [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html), [blended](https://forest500.org/rankings/companies/mission-newenergy-limited) with 40% of palm oil, on a train for the very first time earlier this week, while [planning](https://www.businessnews.com.au/Company/Mission-NewEnergy) to check the B40 mix on farming machinery, power plants and in the [shipping](https://www.businessnews.com.au/Company/Mission-NewEnergy) market, it stated. (Reporting by Bernadette Christina and Dewi Kurniawati \ No newline at end of file