M2 Capital Sdn. Bhd

Overview

  • Founded Date March 31, 1941
  • Sectors School Nurse Staffing
  • Posted Jobs 0
  • Viewed 6

Company Description

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

NUSA DUA, Indonesia, Nov 8 (Reuters) – Indonesia’s plan 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 heaps, a senior Indonesia Palm Oil Association (GAPKI) authorities said on Friday.

Indonesia’s crude palm oil output is seen at 48 million metric lots in 2024, down 4% from last year, but is to increase to 50 million in 2025, GAPKI board of advisers member Joko Supriyono informed the Indonesia Palm Oil Conference in Bali. (Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)