Pullman Bali Legian Beach
"Excel in the challenging world of Oleochemicals" |
Globally, fatty acid capacity has more than doubled between 2004 and 2016, to almost 1.3 m tons. The fatty acid market is now entering a period of consolidation. Can the fatty acid producers find new markets for their product? Which downstream markets merit investment for fatty acids? How quickly are these markets and applications growing? Where can oleo-chemical companies compete with chemical companies? |
Key Sessions include:
Register with your team today at www.cmtevents.com to enjoy group discount! Contact grace@cmtsp.com.sg for more information. |
Comments from 5th Oleochemicals Outlook, 23-24 Aug 2017, Yogyakarta |
“Informative & insightful; definitely useful for anyone who wants to get up to speed with the inner workings of the oleochemicals market” - Golden Agri International |
Be a Sponsor or Exhibitor! |
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor. |
Indonesia already uses a 20 percent biodiesel component blended with petroleum based diesel for land transportation, with the aim to raise the bio content to 30 percent in 2020.
Now the country is encouraging the development of a new 100 percent palm oil-based "green diesel" that can be used to replace petroleum-based diesel used in transportation.
A pilot project to produce the green diesel is underway at a biorefinery (owned by Elevance Renewable Sciences and Wilmar). The government has given them a corporate tax discount to develop full-scale output.
The new green diesel is made of hydrotreated vegetable oil and addresses the problems associated with the current bio portion of biodiesel (which is made with fatty acid methyl esters (FAME) from palm oil. Higher blends of FAME require special handling and equipment as the fuel has a solvent effect that can corrode engine seals and gasket materials, and it can solidify at cold temperatures.
The new green diesel is made completely from palm oil and has "the same specifications as petrol" and is compliant with the Euro IV emissions standard. Moreover, automakers do not have to worry about making modifications to engines and machinery to use the green diesel. The specifications of the green diesel are same as that of the B20 biodiesel.
With EU's plans to phase out the use of palm oil in transport fuels from 2030 owing to deforestation concerns, Indonesia has been looking at increasing domestic consumption of palm oil and the development of green diesel is to meet this target.
Although the new green diesel is said to be generating 90 percent fewer emissions than conventional fossil fuels, there are other studies that shows that among vegetable oils, palm and soybean oils generates the highest indirect greenhouse gas emissions because of deforestation and the drainage of peatlands associated with their cultivation.
This year, Indonesia is expected to consume about 3.3 million kilolitres of FAME, according to the Indonesia Estate Crop Fund while the Indonesia Biofuel Producers Association expects unblended biodiesel exports to reach 800,000 kilolitres this year.
Learn more about Indonesia Biodiesel Industry Development & Challenges from Mr. Paulus Tjakrawan, Vice Chairman of Indonesian Association of Biofuel Producers (APROBI) at CMT's 6th Oleochemicals Outlook on 5-6 September 2018 in Bali.
For more information, contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147.
03 Aug, 2018
11 Jun, 2018
11 Jun, 2018
10 May, 2018