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

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Monroe Overstreet 8 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) [strategy](https://www.zoominfo.com/c/mission-newenergy/346542889) to raise the [mandatory palm](https://www.bloomberg.com/profile/company/MNELF:US) oil content of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to 40% next year from 35% will [require extra](https://www.bloomberg.com/profile/company/MNELF:US) [feedstock supply](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of around 3 million metric loads, a [senior Indonesia](https://stocktwits.com/symbol/MNEL) Palm [Oil Association](https://stocktwits.com/symbol/MNEL) (GAPKI) [authorities stated](https://forest500.org/rankings/companies/mission-newenergy-limited) on Friday.<br>
<br>[Indonesia's](https://www.zoominfo.com/c/mission-newenergy/346542889) [unrefined palm](https://www.crunchbase.com/organization/mission-newenergy) [oil output](https://www.pinterest.com.au/missionnewenergy/) is seen at 48 million metric tons in 2024, down 4% from in 2015, however is [anticipated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to rise to 50 million in 2025, [GAPKI board](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of [advisers](https://stocktwits.com/symbol/MNEL) member [Joko Supriyono](https://www.zoominfo.com/c/mission-newenergy/346542889) [informed](https://forest500.org/rankings/companies/mission-newenergy-limited) the [Indonesia Palm](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Oil Conference in Bali. ([Reporting](https://pitchbook.com/profiles/company/51278-86) by Bernadette Chrisina [Munthe Writing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) by [Fransiska](https://www.crunchbase.com/organization/mission-newenergy) Nangoy
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