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Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
Denny Andrews edited this page 5 months ago
KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry expert on Tuesday stated Indonesia's prepare for the extensive usage of the palm-oil based B40 biodiesel from next year would be "devastating" for the worldwide market, as it would involve the additional usage of 1.5 to 1.7 million metric lots of the .
Oil World senior expert David Mielke also said international palm oil production is expected to increase by 2.3 million metric lots in 2024/25 compared to the previous season.
(Reporting by Danial Azhar and Ashley Tang