Renewable Fuel acquires Bio Refining Industries; two jatropha, palm biodiesel projects in Indonesia with 120 Mgy in capacity

In Indonesia, Renewable Fuel acquired Bio Refining Industries and with the deal now owns two biodiesel projects in development in Dumai. The plants will have a combined capacity of 120 Mgy of palm oil and jatropha based biodiesel. The company currently operates a 60 Mgy plant in Malaysia, and generates carbon credits.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

China Agro-Technology acquires 494,000 acres in Indonesia for jatropha cultivation

China Agro-Technology has signed an agreement with Boulevard Holdings to acquire 494,200 acres in Indonesia for jatropha cultivation. The company valued the jatropha revenue stream at $300 million bas...

Indonesian energy minster says fossil fuel subsidies to consumers hamper biofuels development

In Indonesia, Energy and Mineral Resources Minister Purnomo Yusgiantoro said that Indonesia biofuels growth is hampered by fossil fuel subsidies to consumers. The President of Indonesia has stated ...

China-Agro Technology secures $300 million in expansion financing for jatropha strategy

In China, China Agro-Technology announced that it has secured $300 million in financing for biodiesel acquisitions and operations. The company is focused on building capacity to process jatropha oil t...

Oil palm official says Chinese investors looking at financing 146 biodiesel plants in Indonesia

In Indonesia, Washington Siregar, acting head of North Sumatra’s plantation office, announced that Chinese investors, now in north Sumatra on a study tour at the Perkebunan oil palm plantation and f...

Malaysia, Indonesia to increase palm oil biodiesel production up to 40 percent in bid to raise palm oil prices

In Indonesia, the governments of Malaysia and Indonesia have agreed to increase palm oil biodiesel production to reduce palm oil stockpiles and provide a boost to crude palm oil prices, which have fal...

BioFuel Projects International and Plant.a.Bio plan 10,800 acre jatropha pilot development in Brazil

In the Netherlands, BioFuel Projects International and the Brazilian company Plant.a.Bio signed a memorandum of understanding to develop a 10,800 acre jatropha plantation in Brazil. The pilot plantati...