Indonesia plans to boost palm oil production to meet rising biofuel demand by increasing biodiesel blend.

Indonesia's Chief Economic Minister, Airlangga Hartarto, is optimistic about increasing palm oil production to meet rising biofuel demand, as the country plans to raise its biodiesel blend from 35% to 40% next year. The government is focused on improving farming practices and enhancing a replanting program for smallholders, which has lagged behind schedule. This initiative aims to support energy self-sufficiency while ensuring food supply and competitiveness in the palm oil market.

November 07, 2024
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