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Mission Biotechnologies Sdn. Bhd

Overview

  • Founded Date September 4, 2017
  • Sectors Retail
  • Posted Jobs 0
  • Viewed 23
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Company Description

Indonesia B40 Biodiesel Plan would be ‘Catastrophic’ For World

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

Oil World senior expert David Mielke also stated international palm oil production is anticipated 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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