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Mission Biofuels India Private Ltd

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  • Founded Date November 14, 1999
  • Sectors Maritime/ Transportation
  • Posted Jobs 0
  • Viewed 17
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Indonesia Plans Increase in Palm Oil-based Biodiesel In 2025

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 next year, the energy ministry stated.

If carried out, the B40 mandate might increase biodiesel consumption to as much as 16 million kilolitres (KL) next year, the ministry said, from 13 million KL approximated to be consumed in 2024.

“We hope the trials might be finished in December, so that full implementation of B40 might be performed in 2025,” energy ministry senior main Eniya Listiani Dewi said in a statement on Tuesday.

The Indonesian Biofuel Producers Association (APROBI) said the market had the capacity to satisfy B40 need, with set up capacity expected to to 20 million KL each year next year from 18 million KL now.

“However we will require more raw products to meet B40 need,” Ernest Gunawan, the secretary general of APROBI told Reuters on Wednesday.

The biodiesel market would need 13.9 million metric lots of unrefined palm oil to produce 16 million KL biodiesel next year, from the approximated 11 million tons required this year, he included.

Indonesia’s most significant palm oil association GAPKI stated a decrease in exports meant there would suffice basic materials to provide the B40 mandate in the meantime.

But the industry would need to examine “which one would be better”, GAPKI chairman Eddy Martono said, describing the possibility a boost in exports would make supplying the domestic market less practical.

Indonesia’s palm oil output is estimated to reach 54.4 million heaps in 2024, a 2.26% increase from last year, while exports are expected to decline by 2.47% to 29.5 million lots as domestic consumption increased, driven by biodiesel required.

The ministry had actually tested the biodiesel, blended with 40% of palm oil, on a train for the very first time earlier this week, while preparing to check the B40 mix on farming machinery, power plants and in the shipping industry, it said. (Reporting by Bernadette Christina and Dewi Kurniawati; Writing by Stanley Widianto; Editing by John Mair, Savio D’Souza and Barbara Lewis)

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