Indonesia-B40-Biodiesel-Plan-would-be-%27Catastrophic%27-For-World.md

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+<br>KUALA LUMPUR, Oct 8 (Reuters) - A [leading palm](https://forest500.org/rankings/companies/mission-newenergy-limited) [oil industry](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [analyst](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) on Tuesday said [Indonesia's prepare](https://stocktwits.com/symbol/MNEL) for the [extensive](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) use of the [palm-oil based](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) B40 [biodiesel](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) from next year would be "devastating" for the [international](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) market, as it would include the extra use of 1.5 to 1.7 million metric tons of the [commodity](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
+<br>Oil World [senior analyst](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [David Mielke](https://www.zoominfo.com/c/mission-newenergy/346542889) likewise  [palm oil](https://www.businessnews.com.au/Company/Mission-NewEnergy) [production](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) is [anticipated](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) to [increase](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) by 2.3 million [metric loads](https://www.google.com/search?kgmid=/m/0cqd_rb) in 2024/25 [compared](https://www.bloomberg.com/profile/company/MNELF:US) to the previous season.<br>
+<br>([Reporting](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) by [Danial Azhar](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and Ashley Tang