Biofuels
Update: Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Indonesia had planned to launch the B50 grade - a blend of 50% palm oil-based biodiesel and 50% conventional diesel - in the second half of this year.
Indonesia launch of B50 biodiesel depends on crude oil, palm oil prices
Indonesia, the world's largest producer of palm oil, previously said it would start its B50 mandate, which requires a 50-50 blend of palm-based fuel and diesel, in the second half of 2026. The current mandate calls for biodiesel that is 40% palm-based.
Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026
Of the total allocation, 7.45 MMkl have been earmarked for the public service obligation (PSO), which covers sectors such as public transportation and whose sales will be subsidized by the country's palm oil fund.
Ethanol producer Inpasa to invest $630 MM in Brazil biorefinery projects
The new facility in Rondonopolis will receive 2.77 B reais in investments, with operations starting in early 2027.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
