Latest News: Page 44

BPDPKS Signs 1.4 million KL of Biodiesel Financing Agreement

27

Nov

BPDPKS Signs 1.4 million KL of Biodiesel Financing Agreement

The allocated funds are estimated to reach Rp 5.7 trillion. Managing Director of BPDPKS Dono Boestami said that the financing agreement represents [...]

BPDPKS Signs 1.4 million KL of Biodiesel Financing Agreement. The allocated funds are estimated to reach Rp 5.7 trillion. Managing Director of BPDPKS Dono Boestami said that the financing agreement represents the government’s commitment to support the sustainable palm oil industry while also encouraging diversification in the energy sector. The agreement was signed between BPDPKS and 20 corporations that have been tasked with providing biodiesel.
 
“We’re pleased to announce that the financing agreement between BPDPKS and biodiesel producers has been signed,” Boestami said in an official statement on Friday (24/11).
 
The funds will be used to purchase biodiesel between November 2017 and April 2018 with an estimated volume of 1.4 million kiloliters (KL). The biodiesel will be used to supply the needs of PT Pertamina (Persero) and PT AKR Corporindo. The respective volumes are 1.38 million KL and 24,000 KL and were set based on projections for solar energy needs during that period. The projections are for the transportation and electricity sectors.
 
Dono explained that the biodiesel incentive funds BPDPKS provided between January and October 2017 amounted to Rp 4,054 per liter. Assuming the same amount of incentive is provided between November 2017 and April 2018, the total funds needed to finance biodiesel purchases are estimated to reach Rp 5.7 trillion.
 
According to Decree No. 3756/K/10/MEM/2017 issued by the Minister of Energy and Mineral Resources, 20 producers or corporations are responsible for distributing biodiesel. Funds from BPDPKS will be disbursed to these 20 corporations, namely: PT Batara Elok Semesta Terpadu, PT Bayas Biofuels, PT Cemerlang Energi Perkasa. PT Ciliandra Perkasa, PT Dabi Biotuels, PT Darmex Biofuels, PT Energi Baharu Lestari, PT Intibenua Perkasatama, PT Multi Nabati Sulawesi, PT Pelita Agung Agriindustri. PT Permata Hiiau Palm Oleo, PT Sukajadi Sawit Mekar, PT Kutai Refinery Nusantara, PT LDC Indonesia, PT Musim Mas, PT Sinarmas Bio Energy, PT SMART Tbk, PT Tunas Baru Lampung Tbk, PT Wilmar Bioenergi Indonesia, and PT Wilmar Nabati Indonesia.
 
Director of BPDPKS Fund Disbursement Edi Wibowo said that the amount of biodiesel incentives granted increases every year. In 2016, total biodiesel distributed reached 2.49 million KL or 98% of the target of 2.53 million KL. Funds that were disbursed that year totaled Rp 8.18 trillion. In 2017, biodiesel distribution up until November had reached 1.79 million KL or 21% of the target of 2.53 million KL. The funds that had been disbursed at that time amounted to Rp 8.6 trillion.
 
“The fund from the palm oil sector used to support the mandatory biodiesel program reached Rp 11 trillion by the end of 2017, including the funds carried over from the 2016 distribution,” he said.

KPBN Expands the Market Through Electronic Trade

25

Nov

KPBN Expands the Market Through Electronic Trade

"KPBN will create innovation in 2018 by developing electronic tendering mechanism", said Iman Bimantara, the President Director of PT KPBN, when [...]

KPBN Expands the Market Through Electronic Trade. `KPBN will create innovation in 2018 by developing electronic tendering mechanism`, said Iman Bimantara, the President Director of PT KPBN, when giving a speech in the eight anniversary of KPBN, Friday (11/24).
The development of electronic trading is expected to increase commodity sales market through PT KPBN.
In addition to electronic trading, PT KPBN has also conducted a night trading. Iman said that it was done to meet the European customers’ demand.
The night sales has been conducted by PT KPBN since September 2017. It is thought to increase PT KPBN sales.
`The sales are conducted since 9.00 PM until 3.00 AM. It is proven that Serbia and Greek are enthusiastic with the Crude Palm Oil (CPO) and coffee,` Iman explained.
The development of electronic sales is supported by the President Director of PT Perkebunan Nusantara (PTPN) III Holding, Dasuki Amsir. Dasuki said that the development of sales methods would open new markets.
`Electronic trading will open and find new markets, especially in Europe, America, and the Middle East,` Dasuki explained.
Dasuki also said that PT KPBN has conducted direct export for the plantation commodities. The development of sales of the commodities is expected to grow in the future.
 
Source: http://industri.kontan.co.id

Palm Oil Production Contributes to PTPN III Net Profit Increasing

22

Nov

Palm Oil Production Contributes to PTPN III Net Profit Increasing

The Company has successfully posted a net profit of Rp921.3 billion for the period from January to October, after suffering a loss of Rp805.6 billion [...]

Palm Oil Production Contributes to PTPN III Net Profit Increasing. The Company has successfully posted a net profit of Rp921.3 billion for the period from January to October, after suffering a loss of Rp805.6 billion during the same period the previous year. The main factor behind this jump in bottom-line performance is increased productivity in palm oil production.
 
`During the 10-month period, the Company has recorded at least Rp28.2 trillion in sales, showing a 4.9% annual increase. During the period, palm oil production was recorded at 1.9 million tons, up by 12% from the volume for the same period in the previous year, with palm oil accounting for 64% of our sales,` said President Director of PTPN III, Dasuki Amsir, to the press in Jakarta on Monday, 20 November 2017.
 
Based on the company's data, there was an increase in productivity at our palm oil plantation, from 2.9 million tons CPO per hectare to 3.2 million tons per hectare. Furthermore, yield of palm kernel oil saw a slight increase from 0.56 to 0.58 tons per hectare.
 
The combined surface area of the 14 PTPN palm oil plantations is recorded as 469,000 hectares. Given this performance, PTPN III has projected that palm oil production until the end of the year will be between 2.1 million tons and 2.2 million tons.
 
Nevertheless, this is still below the target that was set early in the year at 2.4 million tons. Given this estimate, the company projects that its revenue by the end of the year could reach Rp33 trillion.

Source : www.industry.co.id

Indonesian-German researchers claim that palm oil does not cause carbon emissions

22

Nov

Indonesian-German researchers claim that palm oil does not cause carbon emissions

The CRC990 team consists of researchers from the University of Jambi, the Bogor Institute of Technology, Tadulako University, and the University of [...]

Indonesian-German researchers claim that palm oil does not cause carbon emissions. The CRC990 team consists of researchers from the University of Jambi, the Bogor Institute of Technology, Tadulako University, and the University of Gottingen in Germany. The team is conducting research on the change in land used from forest to oil palm plantations that will continue until 2023. In an opening speech at the Indonesian Palm Oil Course at the Indonesian Foreign Ministry on Monday (20/11), CRC990 Coordinator Aiyen Tjoa denied all negative assumptions about palm oil that have been circulating up to now. “Research shows that young oil palm plantations that are around two years old do cause carbon to increase. But mature oil palm plantations that are about 10–12 years old are actually a source of carbon absorption. So, the idea that palm oil is the main source of emissions is wrong, because palm oil is not the only major factor contributing to increased emissions,” said Aiyen. In addition, he said that even though the palm oil industry has generally led to a decline in biodiversity, the plant is able to increase the number of bacteria and fungi that can maintain soil fertility. The decline in biodiversity, he said, can be managed through improvements to management of the oil palm plantations themselves. Moreover, research done by the CRC990 team also proves that palm oil can be produced using mixed cultivation techniques, where farmers can plant several vegetables or other fruits in one field, such as petai, jengkol, durian, and copper meranti. “This technique has been successfully implemented in Jambi, where oil palm plantations are planted along with petai, jengkol, and durian. The result is not only the restoration of biodiversity, but the palm oil harvest also increases,” added Aiyen. Furthermore, Aiyen said that the palm oil industry will not always damage the environment if farmers and producing countries continue their efforts to improve sustainable production systems with a focus on environmental aspects. Claims in Line with UN Vision Meanwhile, Head of the Assessment and Policy Development Agency (BPPK) of the Indonesian Foreign Ministry, Siswo Pramono, said that the development of Indonesia’s palm oil production is in line with one of the United Nations’ sustainable development agendas, namely the Sustainable Development Goals (SDGs), especially in terms of poverty eradication. Because, according to Siswo, around 40 percent of palm oil land in Indonesia is managed by small-scale farmers or smallholders. The restriction of this commodity would, he explained, result in quite a significant impact on the income of these farmers. Therefore, Siswo stated that if anyone is opposed to the development of Indonesia’s palm oil commodity, that means they do not support achieving sustainable development in Indonesia. “Palm oil is a matter of utmost importance to the lives of small-scale Indonesian farmers. If this continues to be supported, how many million people could be lifted out of poverty? This is in line with the UN’s SDG efforts,” explained Siswo at the opening of the Indonesian Palm Oil Course at the Indonesian Foreign Ministry on Monday (20/11). “If you oppose the development of palm oil, that means you are opposing the SDGs program in Indonesia because we believe that this sector has huge potential for eradicating poverty,” he added. Siswo made this statement in response to the proliferation of negative campaigns targeted at palm oil producing countries like Indonesia. In April, the European Union parliament even issued a resolution entitled “Palm Oil and Deforestation of Rainforest.” The resolution documents the impact of the palm oil industry on land and forest clearing that is occurring in palm oil producing countries like Indonesia. Several issues underlined in the resolution focus on the assumption that the palm oil industry is the cause of deforestation and forest fires in Indonesia. Violations of human rights and production processes believed to have no regard for environmental impact have also become a concern for Europe related to the palm oil industry in Indonesia and several other producing countries. (gir)

Indonesian Palm Oil Council Propose 6 Proposals for the Progress of Palm Oil Industry

22

Nov

Indonesian Palm Oil Council Propose 6 Proposals for the Progress of Palm Oil Industry

The meeting was attended by national palm oil players and veterans, among others Derom Bangun, Bayu Krisnamurthi, Sahat M.Sinaga, Darmono [...]

Indonesian Palm Oil Council Propose 6 Proposals for the Progress of Palm Oil Industry. The meeting was attended by national palm oil players and veterans, among others Derom Bangun, Bayu Krisnamurthi, Sahat M.Sinaga, Darmono Taniwiryono, Hasril Siregar, Mustafa Daulay, Lakshmi K. Sidarta, Dharma Sebayang, Kacuk Sumarto, and other plantation associations, at the Indonesian Oil Palm Research Center building, Medan, on November 17, 2017.
 
Sahat Sinaga, Vice Chairman of the Indonesian Oil Palm Council, explained that this meeting was to address the current palm oil business situation. Including facing challenges from abroad in the form of increasingly intense “black-campaign”.
 
From domestic there are barrier issues, namely various groups in the country who still have negative views on palm oil, peat restoration, problems with plantation areas that have obtained HGU and are in forest areas. Sahat added that many palm oil farmers have not succeeded in obtaining land certificates and are also located in `forest` areas.
 
“The issue of the need for research in the palm oil sector was also discussed at the meeting,” said Sahat Sinaga to sawitindonesia.com.
 
The results of the meeting produced 6 ideas to advance the Indonesian palm oil industry, which are stated in the Medan Ma’imun Charter.
 
First, a scientific institution is needed that masters palm oil in order to coordinate palm oil issues. In this case, DMSI (Indonesian Palm Oil Council) must be able to handle it. Because not only palm oil will be handled, it is proposed that the name of DMSI be changed to DSI Indonesian Palm Oil Council with a more operational institution and organizational structure.

Indonesian Biodiesel Producers Seek New Markets

22

Nov

Indonesian Biodiesel Producers Seek New Markets

Some time ago, the United States Department of Commerce (USDOC) announced the final decision on countervailing duty (CVD) or import duty for [...]

Indonesian Biodiesel Producers Seek New Markets. Some time ago, the United States Department of Commerce (USDOC) announced the final decision on countervailing duty (CVD) or import duty for biodiesel products from Indonesia between 34.45% — 64.73%. The decision is lower than the temporary import duty issued in August 2017, ranging from 41.06% — 68.28%.
 
Chairman of the Indonesian Biofuel Producers Association (Aprobi), Paulus Tjakrawan explained that businesses had in fact stopped exporting to the US since 2017. The reason for this is that the price of products from Indonesia is less competitive than biodiesel produced in the US.
 
Paulus revealed that Indonesia's installed capacity for biodiesel production reaches 12 million kiloliters (kl) per year. However, the domestic absorption rate is only about 3 million kl per year.
 
With this comparison, he continued, the results of biodiesel production are only absorbed by 25% domestically. Therefore, producers are now looking for new export destinations.
 
“Of course we are continuing to look for new markets, for example China and India,” he told Bisnis, Monday (20/11).
 
He explained that exports are needed to boost the performance of the biodiesel industry domestically. Indonesia can obtain greater added value by exporting downstream palm oil products.
 
“For that we need to export; otherwise the industry's performance will be low and it will impact efficiency, price, labor force, etc.,” he added.

Latest News