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Oleovest Pl
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Founded Date September 20, 1943
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Indonesia’s B40 Biodiesel Plan Requires Extra 3 Mln Tons Of
NUSA DUA, Indonesia, Nov 8 (Reuters) – Indonesia’s plan to raise the compulsory palm oil content of biodiesel to 40% next year from 35% will need extra feedstock supply of around 3 million metric lots, a senior Indonesia Palm Oil Association (GAPKI) official said on Friday.
palm oil output is seen at 48 million metric loads in 2024, down 4% from in 2015, however is expected to rise to 50 million in 2025, GAPKI advisory board member Joko Supriyono informed the Indonesia Palm Oil Conference in Bali. (Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)