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

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Angelia Dunn 5 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) [- Indonesia's](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to raise the [obligatory palm](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil content of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to 40% next year from 35% will [require extra](https://stocktwits.com/symbol/MNEL) [feedstock supply](https://www.bloomberg.com/profile/company/MNELF:US) of around 3 million metric tons, a [senior Indonesia](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [Palm Oil](https://pitchbook.com/profiles/company/51278-86) [Association](https://pitchbook.com/profiles/company/51278-86) (GAPKI) [official](https://forest500.org/rankings/companies/mission-newenergy-limited) said on Friday.<br>
<br>[Indonesia's crude](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [palm oil](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) output is seen at 48 million [metric loads](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in 2024, down 4% from in 2015, however is [expected](https://www.zoominfo.com/c/mission-newenergy/346542889) to increase to 50 million in 2025, [GAPKI board](https://www.bloomberg.com/profile/company/MNELF:US) of [advisers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) member [Joko Supriyono](https://www.zoominfo.com/c/mission-newenergy/346542889) told the [Indonesia Palm](https://stocktwits.com/symbol/MNEL) Oil [Conference](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in Bali. ([Reporting](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) by [Bernadette Chrisina](https://www.google.com/search?kgmid=/m/0cqd_rb) Munthe Writing by [Fransiska](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Nangoy
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