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

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Efrain Tuckson 10 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.pinterest.com.au/missionnewenergy/) plan to raise the [obligatory palm](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) oil content of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to 40% next year from 35% will need [additional feedstock](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) supply of around 3 million metric lots, a [senior Indonesia](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [Palm Oil](https://stocktwits.com/symbol/MNEL) [Association](https://www.pinterest.com.au/missionnewenergy/) (GAPKI) [authorities stated](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) on Friday.<br>
<br>[Indonesia's](https://www.pinterest.com.au/missionnewenergy/) crude [palm oil](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) output is seen at 48 million [metric loads](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in 2024, down 4% from last year, however is [expected](https://www.zoominfo.com/c/mission-newenergy/346542889) to [increase](https://www.businessnews.com.au/Company/Mission-NewEnergy) to 50 million in 2025, [GAPKI advisory](https://www.google.com/search?kgmid=/m/0cqd_rb) board member [Joko Supriyono](https://stocktwits.com/symbol/MNEL) [informed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) the [Indonesia Palm](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Oil [Conference](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) in Bali. ([Reporting](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) by [Bernadette Chrisina](https://stocktwits.com/symbol/MNEL) Munthe Writing by Nangoy
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