Overview
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Founded Date 2001.10.29.
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Sectors Telecommunications
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Posted Jobs 0
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Viewed 41
Company Description
Indonesia B40 Biodiesel Plan would be ‘Catastrophic’ For World
KUALA LUMPUR, Oct 8 (Reuters) – A oil market analyst on Tuesday stated Indonesia’s plan for the prevalent usage of the palm-oil based B40 biodiesel from next year would be „disastrous” for the global market, as it would include the additional use of 1.5 to 1.7 million metric heaps of the product.
Oil World senior expert David Mielke likewise stated worldwide palm oil production is anticipated to increase by 2.3 million metric loads in 2024/25 compared to the previous season.
(Reporting by Danial Azhar and Ashley Tang; Editing by Martin Petty)