Indonesian biodiesel production seen rising 40% in 2019

October 1, 2018 |

In Indonesia, Malaysia’s Star newspaper reports that Indonesia’s biodiesel production could soar 40% to 7 million metric tons in 2019 thanks to increased demand spurred by the government’s push to 20% blending mandate from the previous 15%. Palm oil production is seen topping 40 million tons next year, up from more than 39 million tons in 2018. While the country plans to significantly boost its demand, it is still seeking to increase exports as well by asking countries to facilitate trade, including India who in March raised its import taxes on both crude and refined palm oil.

Category: Fuels

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