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Page: Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
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Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
Jacques Valerio edited this page 5 days ago


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

Oil World senior analyst David Mielke likewise said worldwide palm oil production is anticipated to increase by 2.3 million metric tons in 2024/25 compared to the previous season.

(Reporting by Danial Azhar and Ashley Tang

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