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

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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.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [strategy](https://www.zoominfo.com/c/mission-newenergy/346542889) to raise the [obligatory palm](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) oil [material](https://www.businessnews.com.au/Company/Mission-NewEnergy) of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to 40% next year from 35% will need supply of around 3 million metric lots, a [senior Indonesia](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Palm [Oil Association](https://forest500.org/rankings/companies/mission-newenergy-limited) (GAPKI) [official stated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) on Friday.<br>
<br>[Indonesia's](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [crude palm](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [oil output](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is seen at 48 million [metric heaps](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in 2024, down 4% from in 2015, however is [anticipated](https://stocktwits.com/symbol/MNEL) to increase to 50 million in 2025, GAPKI board of advisers member [Joko Supriyono](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) told the [Indonesia](https://pitchbook.com/profiles/company/51278-86) [Palm Oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [Conference](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in Bali. ([Reporting](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by [Bernadette Chrisina](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Munthe Writing by [Fransiska](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Nangoy
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