
Mission Biotechnologies Sdn. Bhd
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Indonesia Plans Increase in Palm Oil-based Biodiesel In 2025
JAKARTA, July 24 (Reuters) – Indonesia, the world’s biggest palm oil manufacturer, is evaluating fuel with a view to increasing to 40% from 35% the share of palm-oil blended into biodiesel next year, the energy ministry said.
If executed, the B40 mandate might increase biodiesel usage to approximately 16 million kilolitres (KL) next year, the ministry stated, from 13 million KL approximated to be consumed in 2024.
“We hope the trials could be ended up in December, so that full application of B40 might be performed in 2025,” energy ministry senior main Eniya Listiani Dewi said in a declaration on Tuesday.
The Indonesian Biofuel Producers Association (APROBI) stated the industry had the to meet B40 need, with installed capacity expected to rise to 20 million KL annually next year from 18 million KL now.
“However we will need more raw materials to fulfill B40 demand,” Ernest Gunawan, the secretary general of APROBI told Reuters on Wednesday.
The biodiesel market would need 13.9 million metric heaps of unrefined palm oil to produce 16 million KL biodiesel next year, from the estimated 11 million lots required this year, he included.
Indonesia’s most significant palm oil association GAPKI stated a decrease in exports implied there would suffice basic materials to provide the B40 required for now.
But the market would need to assess “which one would be more valuable”, GAPKI chairman Eddy Martono stated, referring to the possibility a boost in exports would make supplying the domestic market less feasible.
Indonesia’s palm oil output is estimated to reach 54.4 million lots in 2024, a 2.26% increase from last year, while exports are expected to decline by 2.47% to 29.5 million loads as domestic usage rose, driven by biodiesel required.
The ministry had evaluated the biodiesel, blended with 40% of palm oil, on a train for the very first time earlier this week, while preparing to evaluate the B40 mix on farming equipment, 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)