Tag: Indonesia

Indonesian palm oil exports to China plummet 57% in January

Indonesian palm oil exports to China plummet 57% in January

March 31, 2020 |

In Indonesia, the Jakarta Post newspaper reports that the national palm oil association believes the main reason for major importing countries to hold off on their purchases in January was because they were waiting for the implementation of Indonesia’s B30 mandate and want to wait and see what happens. January exports to China were down […]

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Biofuels experts concerned not enough time to implement B40 by 2021

Biofuels experts concerned not enough time to implement B40 by 2021

March 16, 2020 |

In Indonesia, the Jakarta Post newspaper reports that the president’s ambitious plans to boost biodiesel blending to 40% by next year are seen by experts as probably too ambitious and will be very difficult to implement. They say that it will take more than a year for biodiesel producers to boost production and achieve the […]

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Indonesia’s B30 mandate to use 9.6 billion liters of biodiesel and save $4.5B in fossil fuel imports

Indonesia’s B30 mandate to use 9.6 billion liters of biodiesel and save $4.5B in fossil fuel imports

March 5, 2020 |

In Indonesia, Antara news agency reports that this year’s B30 biodiesel mandate will require 9.6 billion liters of biodiesel, which will in turn reduce export availability by 3 billion liters. The industry minister said that doing so will increase the value of palm oil by $930 million while reducing fossil fuel imports, and therefore drain […]

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Indonesia exploring higher palm oil levy to offset rising biofuel prices

Indonesia exploring higher palm oil levy to offset rising biofuel prices

February 26, 2020 |

In Indonesia, Reuters reports that the government plans to raise its levy on palm oil exports to support biodiesel blending but the country’s chief economic minister said whether the increase will be a flat increase or a progressive one was still being evaluated. Currently levies are set at a maximum of $50 per metric ton […]

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Pertamina wants Indonesian parliament to cap palm oil prices to secure feedstock supplies

Pertamina wants Indonesian parliament to cap palm oil prices to secure feedstock supplies

February 25, 2020 |

In Indonesia, Reuters reports that with Pertamina investing at least $600 million in one of its plants to produce biodiesel as well as in two others, it has asked the Parliament to cap palm oil prices on sufficient volume to cover its feedstock demand. The state-owned oil company wants to see a mandatory portion of […]

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Indonesia aiming for B40 by July 2021

Indonesia aiming for B40 by July 2021

February 24, 2020 |

In Indonesia, the Tempo newspaper reports that the government is looking to implement B40 in July 2021 as it pushes towards its midway goal of B50. Currently blending is at 30%, having moved up from 20% at the start of 2020. In order to reach the long-term goal of B100, however, the country said technology […]

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Indonesia prepares for battle in Switzerland over RED and palm oil

Indonesia prepares for battle in Switzerland over RED and palm oil

February 23, 2020 |

In Switzerland, Indonesia and the EU met in Geneva last week for a WTO consultation over the revised Renewable Energy Directive (RED). The Palm Oil Monitor reports that the meeting is the culmination of a months-long public battle of words over the introduction of the measure and that the WTO consultations, are where the action […]

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Indonesia to begin B40 trials in March

Indonesia to begin B40 trials in March

February 12, 2020 |

In Indonesia, the Jakarta Post newspaper reports that the country is set to kick of trials of 40% biodiesel blending in March. B30 was brought into the market in early January as part of the country’s attempts to reduce FX spend on oil imports and boost its palm oil industry. Two vehicle models will be […]

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Indonesia may not have much palm oil to export this year thanks to B30

Indonesia may not have much palm oil to export this year thanks to B30

February 4, 2020 |

In Indonesia, the Jakarta Post newspaper reports that the national biodiesel producers association believes there may not be enough surplus for export this year thanks to the B30 mandate that will absorb 8.3 million metric tons of palm oil. Palm oil production may increase this year thanks to improved weather than will help support yields, […]

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Indonesia’s utility says B100 doesn’t work for diesel engines

Indonesia’s utility says B100 doesn’t work for diesel engines

January 30, 2020 |

In Indonesia, the Jakarta Post newspaper reports that the national utility PLN has said using 100% palm oil in its diesel power stations isn’t viable as it damages the engines from a crust that is created on the machines. The president of the utility says that using B100 causes twice as many carbon emissions than […]

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