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Palm Oil Biodiesel Mandatory Program Was Tested to Get B40

Doc. InfoSAWIT
Palm Oil Biodiesel Mandatory Program Was Tested to Get B40

InfoSAWIT, JAKARTA – As the biggest palm oil producer country in the world, Indonesia has got the best achievement in this sector. With the total production more than 56 million tons and the exports more than 26,33 million tons, palm oil has become one strategic commodity to support the economy nationally.

In 2023, palm oil and its derivative exports reached US$ 28,45 billion or equal to 11,6% from non-oil and gas exports totally. Besides, 16,2 million men, including smallholders, got involved in this industry both directly and indirectly. Palm oil and its derivative products have been exported to more than 125 countries, fulfilled energy, food needs, and other industries in the world. Knowing the big potential, the government keeps doing the best to escalate the additional values and develop its downstream sectors. This is about not to depend on material exports, but also to get end product – additional values.

“The government is focusing to encourage palm oil biodiesel mandatory program,” Coordinator Minister in Economy, Airlangga Hartarto said in the coordination meeting about Rencana Aksi Nasional Kelapa Sawit Berkelanjutan, Thursday (28/03/2024).

As in the official statement to InfoSAWIT, biodiesel mandatory program is reaching 35 percent (B35) and it was tested to be B40. The 2023 biodiesel absorption in 2023 reached 12,2 million kiloliters, and massively delivered impacts in crude palm oil absorption in this country.

This emphasized the commitment of the government to maximize palm oil potential in Indonesia, not only to exchange contribution but also as the economic pillar which is sustainable and inclusive for the people of Indonesia. By developing downstream industries and actively using biodiesel, Indonesia would reinforce its position as the leader in sustainable and responsible palm oil industries in the globe. (T2)