Indonesia Encourages Palm Oil Producing Countries to Use B20
KUALA LUMPUR— Coordinating Economic Minister Airlangga Hartato led delegation of Indonesia to the 2nd Ministerial Meeting of Palm Oil Producing Countries (MMPOPC) in Kuala Lumpur, Malaysia, Monday (18/11/2019). The meeting had the presence of several ministers and other high-level representative from Malaysia, Indonesia, Colombia, Thailand, Nigeria, Papua New Guinea, Ghana, Honduras and Brazil. A number of crucial issues in palm oil industry were discussed as a follow-up to the matters arising from previous meeting in Bali, 2 November 2017, including: (1) to improve productivity of plantations owned by smallholders, (2) to overcome trade barriers in primary consumer countries, and (3) to figure out obstacles in the market. Airlangga, in his remarks, shared Indonesia’s experience in implementing mandatory use of biodiesel with a 20% bio-content, known as B20, which will be switched to B30 by 2020.
KUALA LUMPUR— Coordinating Economic Minister Airlangga Hartato led delegation of Indonesia to the 2nd Ministerial Meeting of Palm Oil Producing Countries (MMPOPC) in Kuala Lumpur, Malaysia, Monday (18/11/2019). The meeting had the presence of several ministers and other high-level representative from Malaysia, Indonesia, Colombia, Thailand, Nigeria, Papua New Guinea, Ghana, Honduras and Brazil. A number of crucial issues in palm oil industry were discussed as a follow-up to the matters arising from previous meeting in Bali, 2 November 2017, including: (1) to improve productivity of plantations owned by smallholders, (2) to overcome trade barriers in primary consumer countries, and (3) to figure out obstacles in the market. Airlangga, in his remarks, shared Indonesia’s experience in implementing mandatory use of biodiesel with a 20% bio-content, known as B20, which will be switched to B30 by 2020. Indonesia’s B20 mandatory program has proven a complete success to bring palm oil price to above US$600 per ton. “We would like to encourage palm oil producing countries to follow Indonesia’s success because the program has proven a complete success to stabilize global palm oil price,” he said. The meeting laid stress on current issues, including innovation in palm oil industry, certification scheme, environment protection, market access, and international trade policy. The meeting was also aimed to reach agreement on concrete actions to counter negative campaign against palm oil. Eminent speakers like Dr. James Fry and Prof. Pietro Paganini were also invited to share information and offer insight on current situation in palm oil industry. *** (Source: Coordinating Ministry for Economic Affairs)
