Tag: Indonesia

LG and Hyundai team on Indonesian biodiesel plant

LG and Hyundai team on Indonesian biodiesel plant

September 10, 2018 |

In Indonesia, the Jakarta Post newspaper reports that LG and Hyundai have come together to develop a biodiesel plant from waste oil palm bunches in West Kalimantan in an effort to help supply the B20 mandate locally using cleaner technology. The facility will be sited close to the port and airport, and local authorities have […]

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Minister threatens sanctions for B20 regulation violators

Minister threatens sanctions for B20 regulation violators

September 2, 2018 |

In Indonesia, threats of sanctions and fines are coming from the Minister of Energy and Mineral Resources Ignasius Jonan for any company that doesn’t adhere to the B20 regulations. “If the BU do not carry out the mandatory, they will be subject to sanctions in the form of payment of a fine of IDR6,000 per […]

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Indonesian biodiesel exports seen reaching 1 million tons despite B20

Indonesian biodiesel exports seen reaching 1 million tons despite B20

August 30, 2018 |

In Indonesia, Reuters reports that expectations for biodiesel exports are around 1 million metric tons this year compared to just 300,000 tons last year despite the push towards B20 that comes into effect on September 1. With European exports resumed after restrictions lifted in March and demand from China and India, members of the national […]

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Indonesia to fine companies not complying with B20 mandate

Indonesia to fine companies not complying with B20 mandate

August 30, 2018 |

In Indonesia, the energy minister has outlined sanctions for companies that don’t comply with the new B20 blending mandate, first starting with a cent per liter fine for biodiesel not blended, and then after three warnings if the situation hasn’t been resolved, the energy minister said more severe sanctions will be implemented including potentially the […]

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Indonesia’s B20 bet seen helping Malaysia’s palm oil stocks challenge

Indonesia’s B20 bet seen helping Malaysia’s palm oil stocks challenge

August 28, 2018 |

In Malaysia, an analyst said he expects Indonesia’s push towards B20 from September 1 to improve the supply situation for Malaysia as the country steps in to fill the gap in the export market, slowing down the rise in its accumulation of stocks. As of the end of July, Malaysia’s palm oil stocks were 22 […]

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Indonesia issuing biodiesel decrees in a hurry ahead of B20 launch

Indonesia issuing biodiesel decrees in a hurry ahead of B20 launch

August 28, 2018 |

In Indonesia, Reuters reports that the government is issuing biodiesel decrees right and left boosting biodiesel availability for both public service obligation sectors like power plants and some transportation as well as other sectors. PT Pertamina and PT AKR Corporindo have been allocated 1.95 billion liters of unblended biodiesel for use between May and December […]

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Indonesia expands biodiesel subsidy program to all sectors

Indonesia expands biodiesel subsidy program to all sectors

August 23, 2018 |

In Indonesia, as part of the shift towards 20% biodiesel consumption from September 1, Reuters reports that the president signed a revision of the Estate Crop Fund allowing it to subsidize all sectors and not just those related to Public Service Obligation such as some kinds of transportation and power plants. Last year the fund […]

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Indonesia links airplane purchases with right to build palm oil-based biojet

Indonesia links airplane purchases with right to build palm oil-based biojet

August 22, 2018 |

In Indonesia, Reuters reports that the country is playing hardball with the US and France, demanding that its companies be able to set up aviation biofuel production plants using palm oil as feedstock in those countries in exchange for buying Boeing and Airbus planes, respectively. The country’s trade minister said he received positive feedback from […]

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Indonesian biodiesel industry calling for clear rules for B20

Indonesian biodiesel industry calling for clear rules for B20

August 21, 2018 |

In Indonesia, the Jakarta Post says the local biodiesel industry is calling for clear regulations of how the new B20 blending mandate recently announced by the president will be implemented from September 1, specifically production allocations because the country produces about 12 billion liters of biodiesel but only 2 billion liters of B20 are required […]

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Indonesian ethanol producer floats IPO to fund second plant

Indonesian ethanol producer floats IPO to fund second plant

August 9, 2018 |

In Indonesia, Madusari Murni Indah plans to float 20% of its share capital in an IPO on the Indonesian Stock Exchange in search for $19 million in fresh capital that will let it finance a second, 70 million liter ethanol facility in Lampung (South Sumatra) as well as some additional ethanol storage in Lawang (East […]

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