Page: Indonesia B40 Biodiesel Plan would be 'Disastrous' For World

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1 Indonesia B40 Biodiesel Plan would be 'Disastrous' For World

Hermine Rome edited this page 2 months ago

KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry analyst on Tuesday said Indonesia's prepare for the widespread use of the palm-oil based B40 biodiesel from next year would be "devastating" for the international market, as it would involve the extra usage of 1.5 to 1.7 million metric tons of the product.

Oil World senior expert David Mielke likewise stated worldwide palm oil production is expected to increase by 2.3 million metric lots in 2024/25 compared to the previous season.

(Reporting by and Ashley Tang