Agro Diesel (India) Private Ltd

Overview

  • Founded Date 2 July, 1994
  • Sectors Information Technology (IT)
  • Posted Jobs 0
  • Viewed 118
  • Founded Since  1799
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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 combined into biodiesel next year, the energy ministry said.

If implemented, the B40 required could increase biodiesel usage to approximately 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 complete application of B40 could be performed in 2025,” energy ministry senior main Eniya Listiani Dewi stated in a statement on Tuesday.

The Indonesian Biofuel Producers Association (APROBI) said the industry had the capacity to satisfy B40 demand, with set up capability anticipated to increase to 20 million KL each year next year from 18 million KL now.

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

The biodiesel industry would need 13.9 million metric lots of unrefined palm oil to produce 16 million KL biodiesel next year, from the approximated 11 million heaps needed this year, he added.

Indonesia’s biggest palm oil association GAPKI said a decline in exports suggested there would be enough basic materials to supply the B40 mandate for now.

But the market would need to evaluate “which one would be more valuable”, GAPKI chairman Eddy Martono stated, referring to the possibility a boost in exports would make providing the domestic market less viable.

Indonesia’s palm oil output is estimated to reach 54.4 million tons in 2024, a 2.26% boost from in 2015, while exports are expected to decrease by 2.47% to 29.5 million loads as domestic consumption increased, driven by biodiesel mandate.

The ministry had tested the biodiesel, combined with 40% of palm oil, on a train for the very first time previously this week, while to test the B40 mix on agriculture equipment, power plants and in the shipping market, it stated. (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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