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Indonesia Claiming World's Top Biodiesel Producer Spot (Int'l.)
Indonesia
Date: 2021-04-28
In Jakarta, the Indonesian Coordinating Minister for Economic Affairs claims Indonesia is now the world's largest biodiesel producer with an output of 137,000 bpd -- ahead of the US at 112,000 bpd, Brazil at 99,000 bpd followed by Germany with 62,000 bpd.

According to the Palm Oil Plantation Fund Management Agency, Indonesia's biodiesel production output jumped 300 pct to 8.5 million kiloliters in 2020 from 3 million kiloliters in 2016. (Source: Indonesian Coordinating Minister for Economic Affairs , VNA, 27 Apr., 2021) Contact: Indonesian Coordinating Minister for Economic Affairs, www.developmentaid.org

More Low-Carbon Energy News Indonesia Biodiesel,  Biodiesel,  


EU Slams Indonesian Biodiesel with 18 pct Duties (Int'l.)
EU, EC, Indonesian Biodiesel
Date: 2019-08-14
Meeting in Brussels, the European Commission (EC), which coordinates European Union (EU) trade policy, is reporting the imposition of conditional countervailing duties of 8 to 18 pct on imports of subsidised biodiesel from Indonesia, The duties will run until Dec, 2019, at which time they will be reviewed and possibly definitively imposed, according to an EC statement.

The EU applied its duties in response to European Biodiesel Board complaints that Indonesian biodiesel producers benefit from grants, tax benefits and access to raw materials at lower than markets prices. The EU annual biodiesel market is reportedly valued at €9 billion with Indonesia accounting for roughly €400 million. (Source: EU, EC, euronews, Reuters, 13 Aug., 2019)Contact: European Commission, www.ec.europa.eu/commission/index_en

More Low-Carbon Energy News Biodiesel,  Indonesia Biodiesel,  Biodiesel Duties,  EU,  European Commission,  


Jakarta's B20 Policy Saves $1.66Bn in Foreign Exchange (Int'l.)
Biodiesel,Indonesian Ministry of Energy and Mineral Resources
Date: 2019-08-14
In Jakarta, the Indonesian Ministry of Energy and Mineral Resources reports the country's 20 pct palm oil blended biodiesel policy has delivered roughly $1.66 billion in foreign exchange savings for the period of January through July, 2019.

The government had allocated 6.20 million kiloliters B20 -- 44 pct of the total quota of diesel imports, the Ministry stated. The Indonesian government mandated B20 in 2016 in response to a drastic global fall in crude palm oil prices. The mandate was also intended to reduce the country's dependence on imported diesel fuel.(Source: Indonesian Ministry of Energy and Mineral Resources, tempo.co, 13 Aug., 2019) Contact: Indonesian Ministry of Energy and Mineral Resources, www.esdm.go.id/en

More Low-Carbon Energy News Biodiesel,  Indonesia Biodiesel,  B20,  

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