On April 2, Indonesian Energy Minister Ignasius Jonan announced in Jakarta that Indonesia currently has the technology to process palm oil into aircraft fuel, and it is environmentally friendly or green aircraft fuel. He said: “We are likely to produce this green aircraft fuel in the near future.” As is well known, there are two
Palm oil (CPO) faces even more serious challenges, especially from the outside world. Palm oil producers are facing the EU’s negative publicity campaign on palm oil, which is affecting commodity prices. Nonetheless, palm oil producers still expressed optimism that production will increase. Astra Agro Lestari (AALI) said it is not directly affected by EU policy.
Industry is the foundation of the country and one of the most important economic activities of a country. Palm oil, also known as “industrial MSG”, is widely used in industry. Its main consumption can be divided into two categories according to the method of acquisition: It can be directly obtained from palm oil, such as
In a bid to increase renewable energy use in Europe, the European Commission adopted a new regulatory framework in June 2018. With the EU Renewable Energy Directive (RED II) the European Union applied new criteria March 13 for crops used for the production of biofuels: They must be sustainable and not cause deforestation through indirect
KUALA LUMPUR (Reuters) – Malaysia’s state palm oil plantation agency, the Federal Land Development Authority, is seeking 6 billion ringgit ($1.5 billion) from the government to help turn itself around, Bloomberg reported on Tuesday. The request will be included in a white paper on the company scheduled to be introduced in parliament on Wednesday, Bloomberg
