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Agro Diesel (India) Private Ltd

Overview

  • Founded Date Ağustos 13, 1964
  • Sectors Enerji
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Company Description

Indonesia B40 Biodiesel Plan would be ‘Devastating’ For World

KUALA LUMPUR, Oct 8 (Reuters) – A leading palm oil market analyst on Tuesday said Indonesia’s prepare for the extensive usage of the palm-oil based B40 biodiesel from next year would be “catastrophic” for the global market, as it would include the additional use of 1.5 to 1.7 million metric heaps of the product.

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

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

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