Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Indonesia's Pertamina to start production of B100 biodiesel next year - CEO

share with twitter share with LinkedIn share with facebook
06/29/2020 | 12:59am EDT
FILE PHOTO: Worker walks past a car at a state-owned Pertamina petrol station in Bekasi, on the outskirts of Jakarta

Indonesia state oil company PT Pertamina will start producing 3,000 barrels per day of 'green' diesel made from 100% palm oil starting in June next year, CEO Nicke Widyawati told Parliament on Monday.

Pertamina plans to gradually increase output to 6,000 bpd, Widyawati said, without specifying a timeline.

Indonesia currently mandates that all diesel contain 30% bio content (B30) made up of fatty acid methyl ester (FAME).

The new product, also referred to as "B100" will be produced in Pertamina's Cilacap newly converted biorefinery, Widyawati said.

Instead of using FAME, B100 will made using hydrogenated vegetable oil made out of palm.

(Reporting by Bernadette Christina Munthe; Writing by Fathin Ungku; Editing by Kim Coghill)

Stocks mentioned in the article
ChangeLast1st jan.
CPO (CPO) - CMG (ELECTRONIC)/C1 0.00% 555.75 End-of-day quote.-20.44%
LONDON BRENT OIL -1.07% 42.62 Delayed Quote.-35.21%
WTI -1.23% 40.15 Delayed Quote.-34.40%
share with twitter share with LinkedIn share with facebook
Latest news "Economy & Forex"
02:54aFORONI S P A : High Ductility Alloy AF955® (UNS N09955) for Enhanced Resistance to Hydrogen Embrittlement
02:50aChina shares rally, Asian stocks take a breather
02:48aWHAT'S NEWS : World-Wide
02:48aWHAT'S NEWS : Business & Finance -- WSJ
02:37aJapan's household spending slumps by record as curbs hit travel, dining out
02:35aJapan's household spending slumps by record as curbs hit travel, dining out
02:29aCDP launches climate 'temperature rating' system for investors
02:27aGerman Industrial Production Surged in May as Coronavirus Measures Eased
02:26aCurrency crisis impoverishes Iranians, strains economic defenses
02:21aSunak to spend three billion pounds on green projects in economy plan
Latest news "Economy & Forex"