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

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Margarita Wirth 3 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.energy-xprt.com/companies/mission-newenergy-limited-36048) plan to raise the [mandatory palm](https://www.google.com/search?kgmid=/m/0cqd_rb) [oil material](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) to 40% next year from 35% will need supply of around 3 million metric tons, a [senior Indonesia](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [Palm Oil](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [Association](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) (GAPKI) [authorities](https://www.businessnews.com.au/Company/Mission-NewEnergy) said on Friday.<br>
<br>[Indonesia's crude](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [palm oil](https://www.crunchbase.com/organization/mission-newenergy) output 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 rise to 50 million in 2025, [GAPKI board](https://stocktwits.com/symbol/MNEL) of [advisers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) member [Joko Supriyono](https://pitchbook.com/profiles/company/51278-86) [informed](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the [Indonesia Palm](https://www.crunchbase.com/organization/mission-newenergy) Oil [Conference](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in Bali. ([Reporting](https://www.zoominfo.com/c/mission-newenergy/346542889) by [Bernadette Chrisina](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [Munthe Writing](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) by Fransiska Nangoy
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