Indonesian President Promises to Move to B-100 if Reelected Indonesian President Joko Widodo said in a debate that if reelected, he wants to move from requiring the blending of 20 percent biodiesel made from palm oil with diesel to 100 percent. He said that doing so would create a market for about 30 percent of Indonesia’s palm oil production, forecast at about 46 MMT this year, and greatly reduce the country’s foreign exchange outlays to import petroleum. This push is partially driven by European threats to eliminate its use of biodiesel made from palm oil as well as the rising vegoil output. Environmentalists claim the use of palm oil as a biodiesel feedstock is a major contributor to greenhouse gas emissions and the cause o...

TAGS – Soy & Oilseeds, Biofuels, Asia, China, Europe, North America, South America