4th Oleochemicals Outlook,

23-24 Aug, 2016 - Bali, INDONESIA

Sheraton Bali Kuta Resort

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News Feed

LDC marks presence in local biofuel business

Posted on : 16 Jun, 2016

 

The European agribusiness firm Louis Dreyfus (LDC) has recently established their first biodiesel plant in Asia, as part of their commitment to support Indonesia’s drive to develop and promote renewable energy usage.

 

Building on the B10 and B15 programs, the Indonesian government has launched the B20 biodiesel program in order to encourage the use of non-fossil fuels. B20 makes it mandatory for public diesel to be blended with 20 per cent palm oil-biodiesel. The resulting biofuel is expected to eventually replace diesel fuel, to reduce the country’s dependence on petroleum-based fuel and its carbon emissions.

 

Data from the Indonesian Oil Palm Estate Fund (BPDP) shows that the implementation of B20 can reduce emissions equivalent to 9 to 18 million tons of carbon dioxide per year. And while production output of the biofuel was about 20 per cent less than the two-month target of 500,000 kiloliters, the BPDP is confident that 3 million kiloliters can be distributed by the end of the year.

 

LDC Indonesia CEO Imran Nasrullah said that the US$30 million biodiesel plant, located in Lampung adjacent to their existing palm oil refinery, supports Indonesia’s goal of self-sufficiency through a viable, sustainable supply of renewable fuel. He added that the company was also considering opening a second biodiesel plant in Indonesia.

 

Learn more about the impact of the B20 program on the biodiesel industry, at the 4th Oleochemicals Outlook on 23-24 August in Bali.

 

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