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

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

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+<br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](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) plan to raise the [obligatory palm](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [oil material](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to 40% next year from 35% will [require](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [additional feedstock](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) supply of around 3 million metric tons, a [senior Indonesia](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [Palm Oil](https://www.zoominfo.com/c/mission-newenergy/346542889) [Association](https://www.bloomberg.com/profile/company/MNELF:US) (GAPKI) [authorities](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) said on Friday.<br>
+<br>[Indonesia's crude](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [palm oil](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) output is seen at 48 million [metric loads](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) in 2024, down 4% from in 2015, but is [anticipated](https://stocktwits.com/symbol/MNEL) to rise to 50 million in 2025, [GAPKI advisory](https://forest500.org/rankings/companies/mission-newenergy-limited) board member [Joko Supriyono](https://pitchbook.com/profiles/company/51278-86) [informed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) the [Indonesia Palm](https://www.crunchbase.com/organization/mission-newenergy) [Oil Conference](https://www.pinterest.com.au/missionnewenergy/) in Bali. (Reporting by  [Munthe Writing](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) by Fransiska Nangoy