From ad32c504aafdd58c4c776d3798396af45f011a95 Mon Sep 17 00:00:00 2001 From: royal137059404 Date: Sat, 18 Jan 2025 11:53:10 +0800 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..8619ba6 --- /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 biggest palm oil producer, is [evaluating fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) with a view to increasing to 40% from 35% the share of [palm-oil blended](https://stocktwits.com/symbol/MNEL) into biodiesel next year, the said.
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If implemented, the B40 mandate might increase [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) usage to up to 16 million kilolitres (KL) next year, the ministry said, from 13 million KL approximated to be consumed in 2024.
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"We hope the trials could be completed in December, so that complete application of B40 could be performed in 2025," energy ministry senior main Eniya Listiani Dewi stated in a declaration on Tuesday.
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The Indonesian [Biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [Producers Association](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) (APROBI) stated the [industry](https://www.crunchbase.com/organization/mission-newenergy) had the capacity to [satisfy](https://pitchbook.com/profiles/company/51278-86) B40 need, with installed capacity anticipated to increase to 20 million KL annually next year from 18 million KL now.
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"However we will require more raw products to meet B40 demand," Ernest Gunawan, the secretary general of APROBI told Reuters on Wednesday.
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The [biodiesel industry](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) would require 13.9 million metric lots of unrefined palm oil to produce 16 million KL [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) next year, from the [estimated](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) 11 million heaps needed this year, he [included](https://www.zoominfo.com/c/mission-newenergy/346542889).
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Indonesia's biggest palm oil association GAPKI stated a decrease in exports meant there would be enough [raw products](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to supply the B40 required for now.
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But the market would need to examine "which one would be more valuable", GAPKI chairman Eddy [Martono](https://www.google.com/search?kgmid=/m/0cqd_rb) said, referring to the [possibility](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) an [increase](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in exports would make supplying the domestic market less feasible.
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[Indonesia's palm](https://forest500.org/rankings/companies/mission-newenergy-limited) oil output is [estimated](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 anticipated to decrease by 2.47% to 29.5 million tons as domestic consumption rose, driven by [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) required.
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The ministry had checked the [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html), [combined](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) with 40% of palm oil, on a train for the very first time previously this week, while planning to test the B40 mix on agriculture equipment, power plants and in the shipping market, it said. (Reporting by Bernadette Christina and Dewi Kurniawati \ No newline at end of file