Indonesia B40 Biodiesel Plan would be 'Disastrous' For World (#2) · Issues · Alton Chesser / pt-sinergi-oleo-nusantara

Indonesia B40 Biodiesel Plan would be 'Disastrous' For World

KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil market expert on Tuesday said prepare for the prevalent use of the palm-oil based B40 biodiesel from next year would be "disastrous" for the global market, as it would include the extra use of 1.5 to 1.7 million metric loads of the commodity.

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)

KUALA LUMPUR, Oct 8 (Reuters) - A top [palm oil](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) [market expert](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) on Tuesday said [prepare](https://forest500.org/rankings/companies/mission-newenergy-limited) for the [prevalent](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) use of the [palm-oil based](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) B40 [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from next year would be "disastrous" for the global market, as it would include the extra use of 1.5 to 1.7 million [metric loads](https://www.crunchbase.com/organization/mission-newenergy) of the [commodity](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048). 
 Oil World [senior expert](https://stocktwits.com/symbol/MNEL) [David Mielke](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) also [stated international](https://www.businessnews.com.au/Company/Mission-NewEnergy) [palm oil](https://www.crunchbase.com/organization/mission-newenergy) [production](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is [anticipated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to [increase](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) by 2.3 million metric tons in 2024/25 [compared](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to the previous season. 
 ([Reporting](https://forest500.org/rankings/companies/mission-newenergy-limited) by [Danial Azhar](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) and Ashley Tang; [Editing](https://pitchbook.com/profiles/company/51278-86) by Martin Petty)