Add 'Indonesia Plans Increase in Palm Oil-based Biodiesel In 2025'

Indonesia-Plans-Increase-in-Palm-Oil-based-Biodiesel-In-2025.md

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+<br>JAKARTA, July 24 (Reuters) - Indonesia, the [world's biggest](https://www.bloomberg.com/profile/company/MNELF:US) palm oil producer, is checking fuel with a view to  to 40% from 35% the share of palm-oil blended into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) next year, the energy ministry stated.<br>
+<br>If [carried](https://www.google.com/search?kgmid=/m/0cqd_rb) out, the B40 mandate could increase biodiesel usage to as much as 16 million kilolitres (KL) next year, the ministry stated, from 13 million KL estimated to be consumed in 2024.<br>
+<br>"We hope the trials could be finished in December, so that full execution of B40 could be performed in 2025," [energy ministry](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [senior official](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Eniya Listiani Dewi stated in a [declaration](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) on Tuesday.<br>
+<br>The [Indonesian](https://stocktwits.com/symbol/MNEL) [Biofuel](https://stocktwits.com/symbol/MNEL) Producers Association (APROBI) stated the industry had the capacity to meet B40 need, with set up [capacity anticipated](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to rise to 20 million KL each year next year from 18 million KL now.<br>
+<br>"However we will require more raw products to satisfy B40 need," Ernest Gunawan, the [secretary](https://www.businessnews.com.au/Company/Mission-NewEnergy) general of APROBI informed Reuters on Wednesday.<br>
+<br>The [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) industry would need 13.9 million metric lots of crude palm oil to produce 16 million KL [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) next year, from the approximated 11 million lots required this year, he included.<br>
+<br>[Indonesia's biggest](https://www.zoominfo.com/c/mission-newenergy/346542889) palm oil association GAPKI stated a [decrease](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in exports suggested there would suffice raw [products](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to supply the B40 mandate in the meantime.<br>
+<br>But the industry would need to assess "which one would be better", GAPKI chairman Eddy Martono said, describing the possibility an increase in exports would make providing the [domestic market](https://www.crunchbase.com/organization/mission-newenergy) less viable.<br>
+<br>[Indonesia's palm](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil output is estimated to reach 54.4 million tons in 2024, a 2.26% boost from last year, while exports are anticipated to decrease by 2.47% to 29.5 million tons as domestic consumption increased, driven by [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) mandate.<br>
+<br>The ministry had actually tested the [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile), blended with 40% of palm oil, on a train for the first time earlier this week, while planning to test the B40 mix on agriculture equipment, power plants and in the shipping market, it said. (Reporting by Bernadette Christina and Dewi Kurniawati