Indonesia Hopes to Boost Biofuel Production, an Industrial Info Market Brief
Indonesia Hopes to Boost Biofuel Production, an Industrial Info Market Brief
Indonesia is hoping to ramp up the domestic production of biofuels as there is an ongoing study about a new chemical catalyst that could accelerate the chemical conversion of palm oils to become biofuels. The state-owned energy company of Indonesia, Pertamina, has given its support in the development of this substance, which they named Red and White Catalyst. And with the Indonesian government's B-30 policy, which mandates the use of 30% biodiesel content in fuel, it is expected that the new biofuels would serve as catalyst in lowering oil imports while increasing the market for crude palm oil.
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