Tag: Indonesia

Indonesia may not reach 2/3 of B10 policy even with new subsidy

Indonesia may not reach 2/3 of B10 policy even with new subsidy

March 2, 2015 |

In Indonesia, despite the government more than doubling the CPO biodiesel blending subsidy, low oil prices may keep the country from keeping its blending B10 mandate of 1.7 billion liters. About 1.5 million metric tons of CPO would be needed to reach the mandate, up from 800,000 tons in 2014, but some analysts fear that […]

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Excitement over Indonesian palm biodiesel subsidy fades

Excitement over Indonesian palm biodiesel subsidy fades

February 26, 2015 |

In Indonesia, excitement over the 31 cents per liter subsidy for palm oil biodiesel has already begun to fade in the face of falling palm oil demand for products aside from biodiesel such as food and cosmetics. Palm oil futures jumped 10% on news of the subsidy but three weeks later are down nearly 5% […]

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Indonesian subsidies not seen supporting biodiesel prices enough

Indonesian subsidies not seen supporting biodiesel prices enough

February 19, 2015 |

In Indonesia, the government’s move to triple biodiesel subsidies is likely to boost demand but not enough to compensate for lower diesel prices that have significantly eroded demand. Palm oil prices have rallied 7% this month since the government announcement but the likelihood that low diesel prices will continue to weigh are likely to push […]

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Roxas Holdings seeking to boost share of revenues from ethanol

Roxas Holdings seeking to boost share of revenues from ethanol

February 18, 2015 |

In Indonesia, the Philippines’ Roxas Holdings is looking at its first foreign venture where it would invest in a sugar mill and ethanol plant. The deal would be a joint investment with Hong Kong-based First Pacific. The company is looking for a 40/30/30 revenue split between sugar, ethanol and co-generation. Currently only 15% of Roxas’ […]

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Indonesian environment NGO fears biodiesel boost will increase deforestation

Indonesian environment NGO fears biodiesel boost will increase deforestation

February 17, 2015 |

In Indonesia, the country’s Forum for Environment believes that the new policy boosting subsidies for biodiesel will increase deforestation as a result of increased demand for palm oil. The organization wants to see the funds from the subsidy instead go towards solar, wind and community-based environmental projects that have economic development impacts on communities rather […]

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Indonesia to boost biodiesel subsidies but not as much as first thought

Indonesia to boost biodiesel subsidies but not as much as first thought

February 5, 2015 |

In Indonesia, a parliamentary panel has decided the subsidy for biodiesel should be 32 cents per liter, compared to nearly 40 cents previously proposed. The ethanol subsidy will remain at the 23.5 cents per liter proposed. The panel said the proposed subsidy for biodiesel was too high considering market conditions, and that the budget committee […]

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Indonesia boost ethanol and biodiesel subsidies to offset lower oil prices

Indonesia boost ethanol and biodiesel subsidies to offset lower oil prices

February 3, 2015 |

In Indonesia, the government has decided to subsidize ethanol and biodiesel prices to help offset the growing gap with fossil fuels following lower oil prices. The government has proposed to the House of Representatives a subsidy of 39 cents per liter of biodiesel, nearly three times a previous proposal, while the ethanol proposal is 50% […]

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Pertamina in talks about reforming pricing scheme for biodiesel

Pertamina in talks about reforming pricing scheme for biodiesel

January 26, 2015 |

In Indonesia, Pertamina is talking with the government and biodiesel producers regarding the current pricing formula for biodiesel tenders based on the mean of Platts Singapore 0.25% sulfur gasoil assessment plus 3.48% so that it is instead based on palm oil prices. The industry had proposed the price of crude palm oil plus processing cost […]

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Chempolis signs MOU with i3L to develop biorefineries in Indoensia

Chempolis signs MOU with i3L to develop biorefineries in Indoensia

November 24, 2014 |

In Finland, Chempolis has signed an MOU with Indonesia International Institute for Life Sciences (i3L) to jointly promote and develop commercial biorefinery projects. They also have agreed to jointly form a research centre with a focus on investigating the technical, economic, social, and policy aspects of developing sustainable biorefineries to catalyse the development of bioeconomy […]

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Indonesia’s president asks EU president directly to lower trade barriers

Indonesia’s president asks EU president directly to lower trade barriers

November 20, 2014 |

In Indonesia, the country’s president has asked the outgoing European Commission president specifically to help lower the barriers against his country’s palm oil products, primarily to help support farmers benefit from export trade. Palm oil exports accounted for more than 10% of the country’s overall exports in 2013. The EU president said he would take […]

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