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Jakarta Post

$100m mega jatropha project

  • Ika Krismantari

    The Jakarta Post

JAKARTA   /   Wed, March 4 2009   /  04:05 pm

Mother Earth Plantations Pte (MEP) is investing in the first mega jatropha project in Indonesia, with US$100 million over four years in West Timor. Singapore-based MEP president Roland A. Jansen said Tuesday the company had started this mega biofuel project -which includes the development of 1 million hectares of land and the construction of a processing plant - half a year ago and is aimed to start initial production of 30,000 tons by 2013. "We will increase the capacity up to 100,000 tons in the following years," Jansen said. He said the company, through its local subsidiary PT Buana Ibunda would start construction of the processing plant by the end of 2009. In relation to the development of up to 1 million hectares of land, the company decided to do this in four stages over a period of four years, with the first phase to start with the developme...