Indonesia's B40 Biodiesel Plan Requires Extra 3 Mln Tons Of (#11) · Issues · Alysa Lattimore / mission-biotechnologies-sdn.-bhd

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

NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's strategy to raise the obligatory palm oil content of biodiesel to 40% next year from 35% will require extra feedstock supply of around 3 million metric lots, a senior Indonesia Palm Oil Association (GAPKI) authorities stated on Friday.

Indonesia's unrefined palm oil output is seen at 48 million metric lots in 2024, down 4% from in 2015, however is anticipated to increase to 50 million in 2025, GAPKI board of advisers member told the Indonesia Palm Oil Conference in Bali. (Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)

<br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [strategy](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to raise the [obligatory palm](https://forest500.org/rankings/companies/mission-newenergy-limited) 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.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [feedstock](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) supply of around 3 million metric lots, a [senior Indonesia](https://www.google.com/search?kgmid=/m/0cqd_rb) [Palm Oil](https://pitchbook.com/profiles/company/51278-86) [Association](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) (GAPKI) [authorities stated](https://stocktwits.com/symbol/MNEL) on Friday.<br>
<br>[Indonesia's unrefined](https://www.google.com/search?kgmid=/m/0cqd_rb) palm [oil output](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is seen at 48 million metric lots in 2024, down 4% from in 2015, however is [anticipated](https://www.crunchbase.com/organization/mission-newenergy) to [increase](https://www.google.com/search?kgmid=/m/0cqd_rb) to 50 million in 2025, [GAPKI board](https://stocktwits.com/symbol/MNEL) of [advisers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) member  told the [Indonesia Palm](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Oil Conference in Bali. (Reporting by [Bernadette Chrisina](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [Munthe Writing](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) by [Fransiska](https://www.bloomberg.com/profile/company/MNELF:US) Nangoy; [Editing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) by John Mair)<br>