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

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Raymundo Hardacre 6 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) plan to raise the necessary [palm oil](https://www.zoominfo.com/c/mission-newenergy/346542889) content of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to 40% next year from 35% will [require additional](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) [feedstock supply](https://www.google.com/search?kgmid=/m/0cqd_rb) of around 3 million metric tons, a [senior Indonesia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [Palm Oil](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [Association](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) (GAPKI) [official](https://stocktwits.com/symbol/MNEL) stated on Friday.<br>
<br>[Indonesia's unrefined](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [palm oil](https://forest500.org/rankings/companies/mission-newenergy-limited) output is seen at 48 million [metric loads](https://www.zoominfo.com/c/mission-newenergy/346542889) in 2024, down 4% from last year, however is [expected](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to rise to 50 million in 2025, [GAPKI board](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of [advisers](https://www.bloomberg.com/profile/company/MNELF:US) member Joko Supriyono [informed](https://stocktwits.com/symbol/MNEL) the [Indonesia Palm](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [Oil Conference](https://forest500.org/rankings/companies/mission-newenergy-limited) in Bali. (Reporting by [Bernadette Chrisina](https://www.bloomberg.com/profile/company/MNELF:US) [Munthe Writing](https://stocktwits.com/symbol/MNEL) by [Fransiska](https://forest500.org/rankings/companies/mission-newenergy-limited) Nangoy
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