Indonesian biodiesel production seen jumping to 3.5 million tons this year

March 12, 2018 |

In Indonesia, Reuters reports that biodiesel production will reach 3.5 million metric tons this year, as much as 600,000 tons more than last year. The national oil palm estate fund raised $147 million in January and February alone for subsidizing domestic consumption of biodiesel through a levy on palm oil exports. Neighboring Malaysia could see production rise to 1 million tons on the back of its potential blending mandate increase to 10% for industrial vehicles and 7% for passenger vehicles.

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