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Add 'Indonesia's B40 Biodiesel Plan Requires Extra 3 Mln Tons Of'

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Anja Vanmeter 2 months ago
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      Indonesia%27s-B40-Biodiesel-Plan-Requires-Extra-3-Mln-Tons-Of.md

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Indonesia%27s-B40-Biodiesel-Plan-Requires-Extra-3-Mln-Tons-Of.md

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<br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) plan to raise the [mandatory palm](https://www.crunchbase.com/organization/mission-newenergy) [oil material](https://www.pinterest.com.au/missionnewenergy/) of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to 40% next year from 35% will [require additional](https://www.businessnews.com.au/Company/Mission-NewEnergy) [feedstock supply](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of around 3 million metric tons, a [senior Indonesia](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [Palm Oil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [Association](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) (GAPKI) [official](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) said on Friday.<br>
<br>[Indonesia's crude](https://www.google.com/search?kgmid=/m/0cqd_rb) palm [oil output](https://www.bloomberg.com/profile/company/MNELF:US) is seen at 48 million metric tons in 2024, down 4% from in 2015, but is [anticipated](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to increase to 50 million in 2025, [GAPKI board](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of member Joko Supriyono [informed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) the Indonesia [Palm Oil](https://www.crunchbase.com/organization/mission-newenergy) [Conference](https://www.crunchbase.com/organization/mission-newenergy) in Bali. (Reporting by [Bernadette Chrisina](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [Munthe Writing](https://stocktwits.com/symbol/MNEL) by [Fransiska](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Nangoy
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