Indonesia mulls palm oil levies increase to support biodiesel plans
JAKARTA: Indonesia may further increase palm oil export levies in future to support its ambitious biodiesel programme as the price of crude oil is expected to remain weak next year, a senior Finance Ministry official said on Wednesday. Indonesia collects levies from palm oil exports to fund the cost difference between fuel made from palm oil and fossil […]
Indonesia to focus on improving food and energy security amid coronavirus pandemic
Indonesia must use the pandemic to reboot South East Asia’s biggest economy, including by improving food and energy security, as well as processing more natural resources at home, President Joko Widodo said on Friday. Mr Widodo made the remarks in his annual state of the union speech to parliament. Due to coronavirus precautions, less than half […]
Jokowi reaffirms Indonesia’s ‘massive downstreaming’ of natural resources
President Joko “Jokowi” Widodo has reaffirmed that Indonesia’s future natural resources policy will focus on “massive downstreaming” to produce higher-value products. The President, speaking before legislators, officials, political elites and foreign ambassadors, highlighted the country’s ambitious plans to develop domestic oil refineries, metal smelters, coal-to-gas facilities and better palm-oil based biodiesel.
UPDATE 1-Indonesia B40 biodiesel plan back on track as crude oil prices pick up
JAKARTA, July 30 (Reuters) – Indonesia’s plans to raise the bio-content of its palm oil-based biodiesel to 40% – known as B40 – is back on schedule with a target for implementation by July 2021, Coordinating Minister for Economic Affairs Airlangga Hartarto said on Thursday. Indonesia, which has been increasing the palm oil content of its […]
Sime Darby ramps up palm replanting with new high-yielding seedlings
[KUALA LUMPUR] Sime Darby Plantation, the world’s largest producer of sustainable palm oil, rolled out the replanting of unproductive trees with its new higher-yielding seedling which it says is 20 per cent more productive. Malaysia-based Sime in June announced its “GenomeSelect” seeds with a potential to increase output of the edible oil by 20 per […]
Govt inaugurates C. Java plant able to produce fuel from waste
The government inaugurated on Monday a facility to produce refuse-derived fuel (RDF), a fuel made of various types of waste, in Cilacap, Central Java, as part of efforts to improve Indonesia’s waste management and speed up the country’s transition to renewable energy.
Pertamina pilots palm oil-based ‘green diesel’ production
State-owned oil giant Pertamina has produced its first-ever batch of palm oil-based “green diesel” in its refinery in Dumai, Riau. Trial production hit 1,000 barrels per day (bpd) from July 2 to 9, said Pertamina in a statement on July 15. The test proves the Dumai oil refinery is technically capable of producing such a biodiesel.
Malaysia losing up to 25% of palm oil yield due to labour crunch: MPOA
[KUALA LUMPUR] Malaysia is losing up to 25 per cent of its potential palm oil yield due to a labour shortage that is expected to worsen in the coming months, the Malaysian Palm Oil Association (MPOA) said on Monday. The group, which represents plantation firms, said the government’s decision to freeze the recruitment of new foreign […]
