commit 89eeb7a2091956d0107dc55bcbfc7054805003c7 Author: vonmontanez76 Date: Sun Jan 12 18:55:42 2025 +0800 Add 'Indonesia Plans Increase in Palm Oil-based Biodiesel In 2025' 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..4351c47 --- /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 evaluating fuel with a view to increasing to 40% from 35% the share of palm-oil combined into [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) next year, the energy ministry stated.
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If carried out, the B40 required could increase [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) intake to approximately 16 million kilolitres (KL) next year, the ministry stated, from 13 million [KL estimated](https://www.google.com/search?kgmid=/m/0cqd_rb) to be [consumed](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in 2024.
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"We hope the trials could be completed in December, so that complete execution of B40 could be brought out in 2025," energy ministry senior official Eniya Listiani Dewi said in a declaration on Tuesday.
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The Indonesian [Biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) Producers Association (APROBI) said the industry had the [capacity](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to meet B40 need, with [installed capability](https://www.pinterest.com.au/missionnewenergy/) 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 materials to meet B40 need," Ernest Gunawan, the secretary general of APROBI informed Reuters on Wednesday.
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The [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) market would need 13.9 million [metric loads](https://stocktwits.com/symbol/MNEL) of crude palm oil to produce 16 million [KL biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) next year, from the [estimated](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) 11 million loads needed this year, he added.
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Indonesia's greatest palm oil association [GAPKI stated](https://forest500.org/rankings/companies/mission-newenergy-limited) a decline in exports meant there would be [adequate](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) basic materials to [provide](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the B40 required in the meantime.
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But the industry would [require](https://www.pinterest.com.au/missionnewenergy/) to assess "which one would be better", [GAPKI chairman](https://www.businessnews.com.au/Company/Mission-NewEnergy) Eddy Martono stated, referring to the possibility an increase in exports would make supplying the domestic market less feasible.
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Indonesia's palm oil output is approximated to reach 54.4 million loads in 2024, a 2.26% [increase](https://pitchbook.com/profiles/company/51278-86) from in 2015, while exports are anticipated to decrease by 2.47% to 29.5 million loads as domestic intake rose, driven by [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) required.
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The ministry had checked the [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053), blended with 40% of palm oil, on a train for the very first time previously today, while [preparing](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) to test the B40 mix on agriculture equipment, power plants and in the shipping industry, it said. ( by Bernadette Christina and Dewi Kurniawati \ No newline at end of file