Wilmar to invest $80M in palm oil aviation biofuels in Indonesia; partners with Elevance

April 11, 2012 |

In Indonesia, Wilmar International is investing $80 million in a palm-oil based aviation biofuel facility in East Java in conjunction with technology provider Elevance Renewable Sciences.

The company already produces biodiesel and bio-olefin from palm oil but the bio-olefin needs further refining to be used for jet fuel. Wilmar may cooperate with national oil company Pertamina in the future to market the jet fuel.

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