In Indonesia, Indonesia Business Post reported that Indonesia’s plan to increase the palm oil blend in biodiesel to 40 percent (B40) starting January 1, 2025 appears to be implemented gradually after industry players voiced the need for a transition period despite the government’s readiness for the policy rollout. President Prabowo Subianto, in his speech at […]
In Indonesia, the Jakarta Post reports Indonesian Palm Oil Association (Gapki) is concerned the new 10% levy recently announced by the government that will be applied to crude palm oil exports, up from the current 7.5%, with force exports to plummet. The higher levy is meant to pay for the subsidies required to achieve the […]
In Indonesia, PT Kilang Pertamina Internasional (KPI) and PT Gapura Mas Lestari (GML) signed a Memorandum of Understanding securing the supply of feedstock for the Cilacap Green Refinery project. This initiative represents a major strategic move for KPI in its pursuit of green fuel development in Indonesia. The Cilacap Green Refinery project aims to process […]
In Indonesia, Antara news agency reports the government plans to invest $1.2 billion in a methanol plant to service the biodiesel industry. Currently, about 80% of methanol consumption is imported. The 800,000 metric ton facility will be located in East Java. As the government continues to increase the biodiesel blending mandate, demand for methanol will […]
In Indonesia, Palm Oil Magazine reports the country estimates by raising its biodiesel blending mandate to 50%, demand would increase to 2 billion liters of annual crude palm oil consumption compared to the 1.34 billion liters currently consumed under B35. The blend is set to go to 40% by January 2025. Domestic production is currently […]
In Indonesia, Pertamina New & Renewable Energy (Pertamina NRE) signed a cooperation agreement with PT Pertamina International Shipping (PIS), Pertamina’s Integrated Marine and Logistics Sub Holding to strengthen the synergy between PIS and PNRE in developing a renewable energy-based transportation business, especially related to the transportation of green hydrogen and other sustainable fuels. In addition, […]
In Indonesia, the Indonesian Palm Oil Association (GAPKI) expressed concern over challenges facing the palm oil industries in the implementation of biodiesel 50 percent (B50) program amid the continually stagnant production of palm oil in Indonesia. GAPKI Chairman Eddy Martono said that the implementation of B50 mandatory policy is potential to reduce palm oil exports […]
In Indonesia, the Indonesian Palm Oil Association (GAPKI) will take advantage of the delayed implementation of European Union Deforestation-Free Regulations (EUDR) to improve the ecosystem of palm oil in Indonesia. Recently, the association said the delay of the EUDR implementation will give time for the palm oil industries, especially smallholders, to make some needed adjustments […]
In Indonesia, Reuters reports that when the country boosts its biodiesel blending mandate to 40% from the current 35%, available palm oil supplies will tighten. With blending expected to rise to 16 billion liters next year when the mandate increases, up to 1.7 million metric tons of palm oil annually will be diverted towards biodiesel […]
In Indonesia, PT Pertamina Power Indonesia, PT Pertamina Geothermal Energy Tbk (PGE), and Genvia have signed memorandum of Understanding (MoU) to collaborate on developing green hydrogen production through the integration of advanced solid oxide electrolyzer (SOEL) technology with geothermal heat resources. The agreement includes the assessment of techno-economics of using Genvia’s advanced SOEL high-temperature technology […]
