Add 'Indonesia Plans Increase in Palm Oil-based Biodiesel In 2025'

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      Indonesia-Plans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md

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<br>JAKARTA, July 24 (Reuters) - Indonesia, the world's biggest palm oil manufacturer, is testing fuel with a view to [increasing](https://forest500.org/rankings/companies/mission-newenergy-limited) to 40% from 35% the share of palm-oil mixed into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) next year, the energy ministry said.<br>
<br>If carried out, the B40 [mandate](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) might increase [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) usage to approximately 16 million kilolitres (KL) next year, the ministry stated, from 13 million KL estimated to be consumed in 2024.<br>
<br>"We hope the trials might be ended up in December, so that complete execution of B40 could be carried out in 2025," energy ministry senior main Eniya [Listiani](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Dewi said in a declaration on Tuesday.<br>
<br>The Indonesian [Biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [Producers Association](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) (APROBI) said the industry had the capability to [fulfill](https://www.businessnews.com.au/Company/Mission-NewEnergy) B40 demand, with set up [capability anticipated](https://www.bloomberg.com/profile/company/MNELF:US) to increase to 20 million KL every year next year from 18 million KL now.<br>
<br>"However we will need more basic materials to meet B40 demand," Ernest Gunawan, the secretary general of APROBI informed Reuters on Wednesday.<br>
<br>The [biodiesel](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) market would need 13.9 million metric lots of unrefined palm oil to produce 16 million [KL biodiesel](https://forest500.org/rankings/companies/mission-newenergy-limited) next year, from the approximated 11 million lots [required](https://www.businessnews.com.au/Company/Mission-NewEnergy) this year, he [included](https://pitchbook.com/profiles/company/51278-86).<br>
<br>Indonesia's most significant palm oil association GAPKI said a decline in [exports meant](https://www.businessnews.com.au/Company/Mission-NewEnergy) there would suffice raw products to provide the B40 mandate for now.<br>
<br>But the industry would require to assess "which one would be more important", GAPKI chairman Eddy Martono stated, describing the possibility a boost in [exports](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) would make [supplying](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) the domestic market less feasible.<br>
<br>Indonesia's palm oil output is [approximated](https://forest500.org/rankings/companies/mission-newenergy-limited) to reach 54.4 million lots in 2024, a 2.26% increase from last year, while exports are expected to decrease by 2.47% to 29.5 million loads as domestic intake increased, driven by [biodiesel](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) required.<br>
<br>The ministry had tested the [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/), mixed with 40% of palm oil, on a train for the very first time previously today, while [planning](https://pitchbook.com/profiles/company/51278-86) to check the B40 mix on agriculture machinery, and in the shipping industry, it stated. (Reporting by Bernadette Christina and Dewi Kurniawati
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