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..bf63aee --- /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 producer, is checking fuel with a view to increasing to 40% from 35% the share of palm-oil combined into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) next year, the energy ministry stated.
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If implemented, the B40 [mandate](https://www.zoominfo.com/c/mission-newenergy/346542889) could 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](https://www.google.com/search?kgmid=/m/0cqd_rb) (KL) next year, the ministry said, from 13 million KL estimated to be consumed in 2024.
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"We hope the trials could be finished in December, so that complete implementation of B40 might be brought out in 2025," [energy ministry](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) senior main Eniya Listiani Dewi said in a declaration on Tuesday.
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The Indonesian [Biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) [Producers Association](https://www.zoominfo.com/c/mission-newenergy/346542889) (APROBI) said the industry had the capacity to fulfill B40 need, with set up capacity anticipated to [increase](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to 20 million [KL yearly](https://pitchbook.com/profiles/company/51278-86) next year from 18 million KL now.
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"However we will need more raw products to fulfill B40 demand," Ernest Gunawan, the secretary general of APROBI informed Reuters on Wednesday.
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The [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) market would require 13.9 million metric lots of unrefined palm oil to produce 16 million KL [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) next year, from the estimated 11 million loads required this year, he added.
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[Indonesia's](https://www.crunchbase.com/organization/mission-newenergy) greatest palm oil association GAPKI stated a [decrease](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in exports meant there would suffice basic [materials](https://pitchbook.com/profiles/company/51278-86) to supply the B40 required for now.
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But the market would need to assess "which one would be more important", GAPKI chairman [Eddy Martono](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) said, referring to the possibility a boost in exports would make providing the domestic market less feasible.
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Indonesia's palm oil output is estimated to reach 54.4 million loads in 2024, a 2.26% increase from in 2015, while exports are anticipated to [decline](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) by 2.47% to 29.5 million heaps as domestic intake increased, driven by [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) required.
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The ministry had actually checked the [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html), mixed with 40% of palm oil, on a train for the very first time previously this week, while preparing to test the B40 mix on [farming](https://forest500.org/rankings/companies/mission-newenergy-limited) machinery, and in the [shipping](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) industry, it stated. ([Reporting](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) by Bernadette Christina and Dewi Kurniawati \ No newline at end of file