View source for Indonesia B40 Biodiesel Plan Would Be Devastating For World

<br>KUALA LUMPUR, Oct 8 (Reuters) - A [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ leading palm] oil  on Tuesday [https://www.pinterest.com.au/missionnewenergy/ stated Indonesia's] [https://www.pinterest.com.au/missionnewenergy/ prepare] for the [https://www.bloomberg.com/profile/company/MNELF:US extensive usage] of the [https://www.investing.com/equities/mission-newenergy-ltd-company-profile palm-oil based] B40 [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd biodiesel] from next year would be "devastating" for the [https://forest500.org/rankings/companies/mission-newenergy-limited worldwide] market, as it would [https://www.bloomberg.com/profile/company/MNELF:US involve] the [https://www.bloomberg.com/profile/company/MNELF:US additional usage] of 1.5 to 1.7 million metric lots of the [https://www.investing.com/equities/mission-newenergy-ltd-company-profile commodity].<br><br><br>Oil World [https://forest500.org/rankings/companies/mission-newenergy-limited senior expert] [https://www.investing.com/equities/mission-newenergy-ltd-company-profile David Mielke] also [https://www.investing.com/equities/mission-newenergy-ltd-company-profile stated international] [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 palm oil] [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 production] is expected to [https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4 increase] by 2.3 million [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html metric loads] in 2024/25 [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd compared] to the previous season.<br><br><br>([https://www.businessnews.com.au/Company/Mission-NewEnergy Reporting] by [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html Danial Azhar] and Ashley Tang; [https://www.bloomberg.com/profile/company/MNELF:US Editing] by Martin Petty)<br>