Showing 251-260 of 322 results

Malaysia’s biodiesel output, exports set to hit records

KUALA LUMPUR: Malaysian biodiesel production is likely to hit record levels this year and next, with 2018 exports on track to double from 2017, pushed up as higher oil prices boost the appeal of biofuels, the head of an industry association said on Wednesday. The Southeast Asian nation is the world’s No.2 producer of palm […]

Indonesia imposes mandatory use of B20 biodiesel in drive to cut fuel bill: deputy minister

SINGAPORE (Reuters) – Indonesia has enforced mandatory use of diesel containing 20 percent locally produced biofuel amid steps to rein in its fuel bill and cushion the impact on its economy of a currency crisis and higher oil prices, a government official told Reuters. Speaking on the sidelines of the Singapore International Energy Week conference, […]

Isuzu ready to modify vehicles for B20 biodiesel compatibility if Thai govt offers incentives

Isuzu is ready to carry out modifications on its products for B20 biodiesel fuel compatibility in Thailand if the government supports the policy and offers tax cuts in order to maintain competitive pricing, the company announced in a statement on Monday. According to distributor Tripetch Isuzu Sales, the government has a policy to promote B20 […]

Indonesia and Malaysia sidesteps EU’s trade curb

KUALA LUMPUR: Malaysia and Indonesia are not participating in the EU’s Indirect Land Use Change (ILUC) Workshop related to biofuels in Brussels, Belgium. In a statement on Thursday, the Council of Palm Oil Producing Countries (CPOPC) explained that it was because of the likelihood of the EU using the ILUC’s land use criteria to justify […]

Philippines mulls tariff on palm oil imports

MANILA, Philippines — Despite the existing tariff-free agreement within the ASEAN region, the Philippines is now mulling to impose duty on palm oil imports amid the possible dumping of the commodity in the country causing a slump in the prices of coconut. The Department of Agriculture (DA) is now investigating the dumping of palm oil […]

Govt plans to double B20 biodiesel consumption next year

The government plans to double the consumption of 20 percent blended biodiesel ( B20 ) amid the declining price of palm oil on the global market. Energy and Mineral Resources Ministry Renewable Energy Director General Rida Mulyana said on Monday that the B20 consumption target for next year would be 6.2 million kiloliters. “We expect […]

Indonesia boosts domestic palm oil consumption as currency pressures mount

Regulations mandating the use of palm oil in diesel fuel could help ease Indonesia’s dependence on energy imports and stabilise the local currency, while improving prospects for local palm oil producers. In late August President Joko Widodo ratified a regulation mandating the compulsory use of 20 per cent blended biodiesel (B20), which uses palm oil […]

We are not against palm oil, but against deforestation: Greenpeace

Environmental watchdog Greenpeace Indonesia has responded to a statement from the Indonesian Employers Association (Apindo) and the Indonesian Oil Palm Farmers Association (Apkasindo) that called on the government to take firm action against Greenpeace, which they said was harming Indonesia’s economy. “To be clear, Greenpeace is not anti-palm oil, it is anti-deforestation,” Kiki Taufik, head of Greenpeace Indonesia Global […]

Indonesia plans to fuel all diesel power plants with CPO within two years

Energy and Mineral Resources Minister Ignasius Jonan says the government is giving state-owned electricity company PLN two years to fuel all diesel power plants in the country with biodiesel made from crude palm oil (CPO). Speaking before hundreds of students and other Indonesians living in Japan, Jonan said in Tokyo on Sunday that PLN was […]

Indonesia allocates 6.19 mln KL unblended biodiesel for 2019

JAKARTA, Nov 30 (Reuters) – * Indonesia’s Energy and Mineral Resources Ministry has allocated 6.19 million kilolitre (KL) of unblended biodiesel for B20 programme in 2019, Renewable Energy Director General Rida Mulyana said on Friday. * The ministry has allocated the biodiesel to 18 fuel distribution companies to be blended and sold to users, the […]