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Indonesia B40 Biodiesel Plan would be 'Disastrous' For World
Julieta Cronan edited this page 4 months ago
KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil industry expert on Tuesday stated Indonesia's plan for the prevalent usage of the palm-oil based B40 biodiesel from next year would be "catastrophic" for the global market, as it would include the extra use of 1.5 to 1.7 million metric lots of the .
Oil World senior expert David Mielke likewise said international 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