Tag: Indonesia

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Indonesian biodiesel producers not suffering from new export tax

In Indonesia, most biodiesel exporters say that the new 2% export tax hasn’t had a negative effect on their trade, especially has less than half of the 14 domestic producers export. Apparently the tax was foreseen and already priced into April cargoes, prices that are even $20 per ton cheaper than in March basis FOB. […]

April 9, 2014 More

New Indonesian owners of Spanish biodiesel firm lay off six after taking over

In Spain, trouble is brewing at Infinita Renovables shortly after being bought by Indonesian firm Masol Iberia. Employees and their families protested on Tuesday in front of the local authorities after six employees were laid off following the purchase of the plant. The facility had previously received EUR5 million in subsidies from the Galician government […]

March 18, 2014 More

Indonesian demand seen tripling while exports likely up 20%

In Indonesia, the country’s biofuel producers association APROBI says domestic demand may triple this year to more than 3 billion liters, up from just over a billion liters last year. Biodiesel exports are expected to reach 2.2 billion liters, up 20% on the year despite its trade spat with Europe due to increased demand from […]

March 17, 2014 More

Pertamina boosts biodiesel terminals ahead of next buy tender

In Indonesia, Pertamina is adding biodiesel to 44 terminals, adding to the 33 already in place around the country. Most are already under construction and those in the eastern part of the country will be completed by June. The company plans to hold its third palm oil buy tender during March or April where it […]

March 12, 2014 More

Indonesia reformulating pricing structure for biodiesel from 2015

In Indonesia, the Energy and Mineral Resources Ministry is preparing a new calculation for biodiesel prices that will come into effect in 2015 in an attempt to facilitate more diverse participation in the market. The move comes as a result of Pertamina’s failure to secure the 6.6 billion liters of biodiesel needed to reach B10 […]

March 6, 2014 More

Rising palm oil prices set to cut Indonesian blend by 41%

In Indonesia, rising palm oil prices mean that it’s unlikely the country will hit its biodiesel blending target of 3.4 million metric tons. With prices currently at $840 per ton, supplies will instead be diverted for exports, leaving only 2 million tons for domestic consumption, 41% lower than the policy dictates. The biodiesel blend for […]

March 5, 2014 More

Indonesian demand seen holding palm oil biodiesel exports steady in 2014

In Indonesia, growing demand for biodiesel is expected to weigh on export availability of the fuel. Exports are expected to remain steady on the year at 21 million metric tons, thanks to increased domestic demand of around 38%. Production could reach as high as 31 million tons this year, up from 26.5 million tons last […]

March 3, 2014 More

Pertamina secures only 45% of biodiesel needed for Indonesia’s B10 mandate

In Indonesia, Pertamina only managed to secure 45% of the biodiesel it needs to supply the country’s B10 policy. In tender results from January released on Saturday, the company secured 1.14 million hectoliters of biodiesel in addition to the 1.24 million kiloliters it secure during a tender held last year. A total of 5.4 million […]

February 17, 2014 More

Pertamina’s biodiesel tender a bust, only securing 18% of demand

In Indonesia, Pertamina only managed to secure 18% of the 6.6 billion liters of biodiesel it sought for 2014 at a recent tender. The company purchased 1.12 billion liters. The reason was that due to Pertamina’s new pricing mechanism, which many biodiesel producers complained wasn’t fair, many didn’t participate in the end. The company will […]

January 2, 2014 More

Indonesian ministries start planning for aviation biofuels by 2016

In Indonesia, the transport and energy ministries have signed an agreement to begin planning the implementation of aviation biofuel supply to the country’s airport. The planning and implementation stage is set for 2014-16. Already the country has planned for 3% aviation biofuel use by 2020.

December 30, 2013 More