Indonesia’s B30 biodiesel plan a boost to domestic palm oil consumption
JAKARTA: Mr Rudi pulled up next to a pump in a petrol station in Jakarta. He lifted a grey nozzle and filled up his truck with palm oil-based B20 biodiesel. At 5,150 rupiah (US$0.37) a litre, the biodiesel is half the price of the regular diesel available at all petrol stations. “B20 is more affordable. […]
Indonesia aims to start making green diesel in 2022
[JAKARTA] Indonesia plans to start producing green diesel from palm oil in 2022, with output estimated at 3.7 million kilolitres, a senior official in the Energy and Mineral Resources Ministry said on Tuesday. Indonesia, the world’s largest palm oil producer, wants to develop green diesel, a second generation biodiesel. It currently uses biodiesel made from […]
Teresa Kok: Malaysia ready to duke it out with EU over palm oil discrimination
KUALA LUMPUR, Dec 4 — The Ministry of Primary Industries (MPI) is raring to confront the European Union (EU) on its palm oil discrimination, through filing Malaysia’s case with the World Trade Organisation (WTO). Its minister Teresa Kok said MPI has enlisted the cooperation of the Attorney-General’s Chambers, Ministry of International Trade and Industry and […]
Singapore set to become world’s first sustainable palm oil nation
[KUALA LUMPUR] Singapore could become the world’s first country to only use sustainable palm oil as part of a green push to tackle forest fires and air pollution blighting South-east Asia. Palm oil is the world’s most widely used edible oil and found in everything from margarine to soap. Its production has led to deforestation, […]
Indonesia launches B30 biodiesel to cut costs, boost palm oil
JAKARTA (Reuters) – Indonesia on Monday launched biodiesel containing 30% palm-based fuel, the highest mandatory mix in the world, in a bid to slash its fuel import bill and boost domestic palm oil consumption.
Energy Ministry catches fire, cheaper B10 and E20 starts Thursday
The Energy Ministry has decided to postpone the effective date for cutting retail prices for biodiesel B10 and gasohol E20 by one baht per litre from Wednesday to Thursday because the ministry’s buildings caught fire on Wednesday, rendering officials unable to conduct a meeting. The State Oil Fund Administrative Committee previously planned to approve this […]
Ethanol output estimated to rise 8.1% in 2019
PHILIPPINE ethanol production is expected to hit 320 million liters this year, up 8.1%, as declining sugarcane output and high prices encourage more market entrants going forward, the United States Department of Agriculture (USDA) said. “For 2020, production is again likely to increase as additional distilleries begin operations,” the USDA’s Foreign Agricultural Service said in […]
Malaysia raises export tax for crude palm oil for first time in over a year
SINGAPORE (Reuters) – Malaysia has raised its export tax for crude palm oil for January, for the first time in one-and-a-half years, the Malaysian Palm Oil Board’s website said on Friday, citing the national customs department. The world’s second-largest producer and exporter of palm oil had last imposed an export tax of 4.5% in August […]
India imports 183,914 tonnes of Malaysian edible palm oil in November
NEW DELHI, Dec 13 — India imported 183,914 tonnes of edible palm oil from Malaysia in November, industry data showed on Friday. The imports from Malaysia comprised crude palm oil (CPO) (140,280 tonnes), RBD palmolein (41,600 tonnes) and crude palm kernel oil (CPKO) (2,034 tonnes), according to the Mumbai-based Solvent Extractors’ Association (SEA) of India. […]
New Year price slash for B10, E20
The Energy Ministry plans to cut retail prices for biodiesel B10 and gasohol E20 by another one baht per litre during the New Year period to reduce fuel costs for Thais during the long holiday. The campaign will be effective from Dec 25 to Jan 10. At present, B10 and E20 cost 24.09 baht and […]