Mission Biotechnologies Sdn. Bhd

Overview

  • Founded Date julio 27, 2000
  • Sectors Cultura Física y Deportes
  • Posted Jobs 0
  • Viewed 28

Company Description

Indonesia B40 Biodiesel Plan would be ‘Catastrophic’ For World

KUALA LUMPUR, Oct 8 (Reuters) – A top palm oil market expert on Tuesday said Indonesia’s strategy for the widespread usage of the palm-oil based B40 biodiesel from next year would be “catastrophic” for the global market, as it would involve the of 1.5 to 1.7 million metric lots of the product.

Oil World senior expert David Mielke also said international palm oil production is expected to increase by 2.3 million metric tons in 2024/25 compared to the previous season.

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

 
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