Mission Biotechnologies Sdn. Bhd

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  • Sectors Health Care
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Indonesia B40 Biodiesel Plan would be ‘Devastating’ For World

KUALA LUMPUR, Oct 8 (Reuters) – A top palm oil market analyst on Tuesday stated Indonesia’s prepare for the widespread use of the palm-oil based B40 biodiesel from next year would be “devastating” for the worldwide market, as it would include the additional use of 1.5 to 1.7 million metric loads of the .

Oil World senior expert David Mielke likewise stated worldwide palm oil production is expected to increase by 2.3 million metric lots in 2024/25 compared to the previous season.

(Reporting by Danial Azhar and Ashley Tang; Editing by Martin Petty)

 
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