<br>KUALA LUMPUR, Oct 8 (Reuters) - A top [palm oil](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [industry expert](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) on Tuesday said [Indonesia's](https://pitchbook.com/profiles/company/51278-86) [prepare](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for the extensive usage of the [palm-oil](https://www.crunchbase.com/organization/mission-newenergy) based B40 [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) from next year would be "disastrous" for the [international](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) market, as it would [involve](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the [additional](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) use of 1.5 to 1.7 million metric lots of the [product](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Oil World [senior expert](https://pitchbook.com/profiles/company/51278-86) [David Mielke](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) likewise said [international](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) [palm oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [production](https://www.crunchbase.com/organization/mission-newenergy) is [anticipated](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to [increase](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) by 2.3 million [metric heaps](https://www.businessnews.com.au/Company/Mission-NewEnergy) in 2024/25 [compared](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to the previous season.<br>
<br>([Reporting](https://www.pinterest.com.au/missionnewenergy/) by and Ashley Tang
