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

2025-01-12 04:27:25 +00:00 · 2025-01-12 04:27:25 +00:00 · cd42f369e2
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 <br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](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) [strategy](https://www.pinterest.com.au/missionnewenergy/) to raise the [obligatory palm](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [oil material](https://www.businessnews.com.au/Company/Mission-NewEnergy) of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to 40% next year from 35% will require extra [feedstock supply](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of around 3 million metric heaps, a [senior Indonesia](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [Palm Oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Association (GAPKI) [official stated](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) on Friday.<br>
 <br>[Indonesia's](https://www.businessnews.com.au/Company/Mission-NewEnergy) [unrefined palm](https://pitchbook.com/profiles/company/51278-86) [oil output](https://www.crunchbase.com/organization/mission-newenergy) is seen at 48 million metric tons in 2024, down 4% from in 2015, however is [expected](https://www.crunchbase.com/organization/mission-newenergy) to rise to 50 million in 2025, [GAPKI board](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of advisers member [Joko Supriyono](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) [informed](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the [Indonesia Palm](https://www.crunchbase.com/organization/mission-newenergy) Oil [Conference](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in Bali. ([Reporting](https://www.businessnews.com.au/Company/Mission-NewEnergy) by  [Munthe Writing](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) by Fransiska Nangoy
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							<br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](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) [strategy](https://www.pinterest.com.au/missionnewenergy/) to raise the [obligatory palm](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [oil material](https://www.businessnews.com.au/Company/Mission-NewEnergy) of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to 40% next year from 35% will require extra [feedstock supply](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of around 3 million metric heaps, a [senior Indonesia](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [Palm Oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Association (GAPKI) [official stated](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) on Friday.<br>
							<br>[Indonesia's](https://www.businessnews.com.au/Company/Mission-NewEnergy) [unrefined palm](https://pitchbook.com/profiles/company/51278-86) [oil output](https://www.crunchbase.com/organization/mission-newenergy) is seen at 48 million metric tons in 2024, down 4% from in 2015, however is [expected](https://www.crunchbase.com/organization/mission-newenergy) to rise to 50 million in 2025, [GAPKI board](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of advisers member [Joko Supriyono](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) [informed](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the [Indonesia Palm](https://www.crunchbase.com/organization/mission-newenergy) Oil [Conference](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in Bali. ([Reporting](https://www.businessnews.com.au/Company/Mission-NewEnergy) by [Munthe Writing](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) by Fransiska Nangoy