Indonesian biodiesel producers turn to China

Indonesian biodiesel producers turn to China

INDONESIAN biodiesel producers are eyeing China as a new promising market
amid negative sentiment in the European Union and the United States.

Indonesian Biofuel Producers Association (Aprobi) chairman MP Tumanggor
stressed that their members could no longer rely on their exports to the US
and European Union.

"Our production capacity reaches 11 million kilolitres per year, 4 million
of which is absorbed by the domestic market. The remaining 7 million
kilolitres are idle," he said, adding that exports to European countries and
the US account for just a portion.

The negative sentiment was sparked by an anti-dumping campaign from both the
European Union and the US commercial trade association National Biodiesel
Boards (NBB).

Aprobi secretary-general Stanley Ma said that China was a potential market
for Indonesian biodiesel because the country used B5 for its fuel, which
consists of 5 per cent biodiesel and 95 per cent petroleum biodiesel. "China
might need 9 million kilolitres of biodiesel a year. This could boost our
exports," he said.

The Indonesian government is reportedly set to send a team to China on June
16 in an attempt to boost biodiesel exports to the country.

Data from the association shows that in first quarter of this year,
Indonesia produced 1.01 million kilolitres of biodiesel of which 761,519
kilolitres was absorbed by the domestic market.

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Link to Original Article:
http://www.nationmultimedia.com/news/business/aec/30317790

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com