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View all search resultsB30-mandatory-policy
Opinion 6 years ago
PREMIUM
B30 biodiesel addresses more than EU palm oil policy
Tariff and nontariff barriers have continued to hinder the growth of Indonesia’s crude palm oil (CPO) exports, especially to Europe and the United States, since the 1990s when the country became a major player in the palm oil industry.
Business 6 years ago
PREMIUM
Amid trade spat with EU, Indonesia’s palm oil finds silver lining in biofuel, China
President Joko “Jokowi” Widodo has asked stakeholders to speed up the mandatory proportion of diesel blended with crude palm oil (CPO) from 20 (B20) to 30 percent (B30) by January next year, and 50 percent (B50) by the end of 2020, hence pushing up the domestic use of palm oil.Coincidentally, China will remove import tariffs for palm oil in a move that will open up new markets for Indonesian palm oil.
