Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy

JAKARTA: Indonesia has scrapped plans for a mandatory B50 grade of palm oil-based diesel this year and will stick with B40 owing to technical and funding concerns, government officials said on Wednesday.

Indonesia had planned to launch the B50 grade - a blend of 50% palm oil-based biodiesel and 50% conventional diesel - in the second half of this year. Its mandate for ‌B40, which uses a blend of 40% palm oil-based biodiesel, will remain ⁠in place.