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Agro Diesel (India) Private Ltd

Overview

  • Founded Date May 16, 1917
  • Sectors Automotive
  • Posted Jobs 0
  • Viewed 5

Company Description

Indonesia B40 Biodiesel Plan would be ‘Disastrous’ For World

KUALA LUMPUR, Oct 8 (Reuters) – A top palm oil industry analyst on Tuesday said Indonesia’s prepare for the extensive use of the palm-oil based B40 biodiesel from next year would be “disastrous” for the international market, as it would include the extra usage of 1.5 to 1.7 million metric lots of the commodity.

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

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

 
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