In Indonesia, export prices for crude palm oil could hit $750 per metric ton during Q1 2015, up from the current $680 per ton, as dry weather conditions begin to impact production in both Indonesia and Malaysia. Continued dryness in October could have further negative impacts on supplies. Soy oil prices are also seen higher […]
In Indonesia, in-line blending facilities for biodiesel are under construction at 15 facilities in Sarawak and Sabah in order to ensure compliance with the B5 mandate, and will be online by year’s end. Another 35 facilities with in-line blending have been online since November on the peninsula.
In Indonesia, airline Garuda expects to be using an aviation biofuel blend by 2016 comprised of biofuel and avtur (aviation turbine fuel). The aircraft are already equipped to use biofuel and the carrier aims to run a trial flight soon. However, the state-owned carrier’s commitment to supporting the use of clean energy will be highly […]
In Indonesia, Sekawan Intipratama plans to invest $239 million in an ethanol plant in East Kalimantan next year. Swiss-based ProCone will be the technology provider for the 60,000 metric ton per year facility. The project will use coal as feedstock and is expected to come online in December 2016.
In Indonesia, increased biodiesel consumption and lower demand from the mining sector means the country will import about a third less diesel than usual this year. Imports have fallen to 3 million to 4 million barrels per month from 5 million to 6 million barrels per month last year.
In Indonesia, the director of energy studies at the University of Indonesia has criticized the government for not taking as much advantage of domestic biofuel consumption as it should, demonstrated by the lack of uptake of the current B10 policy. He said the country could have saved $3 billion per year in fossil fuel imports […]
In Indonesia, the country’s palm oil producers association GAPKI says it expects exports to fall by up to 9.5% to between 19 million and 20 million metric tons. Last year, exports reached 21 million tons. Exports through June this year reached 9.75 million tons compared to 11 million tons during the same period in 2013.
In Indonesia, palm oil stocks are at their lowest in two months, down 4.5% on the month and 13% on the year at 2.1 million metric tons. Production has slowed but is expected to pick back up in August or September, which coincides with an expected soy bumper crop in the US that will already […]
In Indonesia, consultations between biodiesel producers and the European Union could come as early as July in order to avoid a lengthy case in the EU’s Court of Justice regarding anti-dumping levies placed on Indonesian biodiesel imports.
In Indonesia, the country is far from achieving its biodiesel blending targets this year of 1.56 million kiloliters in road vehicles. Through May, only 447,000 kilolitres had been blended. CIMB Investment Bank is only expecting consumption to reach 1.5 million kiloliters because of the poor logistics in getting the fuel out to the eastern regions. […]