Add 'Indonesia's B40 Biodiesel Plan Requires Extra 3 Mln Tons Of'

Indonesia%27s-B40-Biodiesel-Plan-Requires-Extra-3-Mln-Tons-Of.md

@@ -0,0 +1,2 @@
+<br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](https://stocktwits.com/symbol/MNEL) [strategy](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to raise the [obligatory palm](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil content of [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) to 40% next year from 35% will [require additional](https://pitchbook.com/profiles/company/51278-86) [feedstock supply](https://www.zoominfo.com/c/mission-newenergy/346542889) of around 3 million metric tons, a [senior Indonesia](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Palm [Oil Association](https://www.zoominfo.com/c/mission-newenergy/346542889) (GAPKI) [authorities](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) said on Friday.<br>
+<br>[Indonesia's unrefined](https://forest500.org/rankings/companies/mission-newenergy-limited) [palm oil](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) output is seen at 48 million metric tons in 2024, down 4% from last year, however is [anticipated](https://www.google.com/search?kgmid=/m/0cqd_rb) to rise to 50 million in 2025, [GAPKI advisory](https://www.google.com/search?kgmid=/m/0cqd_rb) board member [Joko Supriyono](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) told the [Indonesia Palm](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) Oil [Conference](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in Bali. ([Reporting](https://www.zoominfo.com/c/mission-newenergy/346542889) by [Bernadette Chrisina](https://www.pinterest.com.au/missionnewenergy/) [Munthe Writing](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) by  Nangoy