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

A new Generation Of Biofuels

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Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World

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

KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil market analyst on Tuesday said Indonesia's plan for the extensive use of the palm-oil based B40 biodiesel from next year would be "catastrophic" for the international market, as it would involve the additional usage of 1.5 to 1.7 million metric heaps of the .

Oil World senior analyst David Mielke also stated global palm oil production is anticipated to increase by 2.3 million metric lots in 2024/25 compared to the previous season.

(Reporting by Danial Azhar and Ashley Tang