Mission NewEnergy Limited

Overview

  • Founded Date February 18, 2003
  • Sectors Health Care
  • Posted Jobs 0
  • Viewed 13
Bottom Promo

Company Description

Indonesia B40 Biodiesel Plan would be ‘Catastrophic’ For World

KUALA LUMPUR, Oct 8 (Reuters) – A top palm oil market analyst on Tuesday stated Indonesia’s strategy 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 usage of 1.5 to 1.7 million metric tons of the .

Oil World senior analyst David Mielke likewise stated global palm oil production is expected to increase by 2.3 million metric heaps in 2024/25 compared to the previous season.

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

Bottom Promo
Bottom Promo
Top Promo