PTPN Could Produce Palm Oil Biofuel

PTPN Could Produce Palm Oil Biofuel

InfoSAWIT, YOGYAKARTA – Director of Holding Perkebunan, Mohammad Abdul Ghani said that Indonesia is potential to develop the energy dependence in biofuel from crude palm oil (CPO). The challenges are the productivity, technology, and the economic price.

“It is hoped that the fiscal policy would take side to biofuel to develop the ecosystem of palm oil biofuel and could minimize the fuel import in fossil - base by substituting with palm oil biofuel,” he said in the webinar ‘Menuju Indonesia Emas 2045: Mewujudkan Ketahanan Pangan dan Energi’ in the recent days, as in the official statement to InfoSAWIT.

Meanwhile Minister of Energy, and Mineral Resources, Ignasius Jonan compared the changing trend of 10 biggest companies which are dominated by oil and gas companies in 2008 to the technology companies in 2018.

In his description, he told that the world would keep changing and there would be four sectors that would be the future businesses, such as, online business, renewable energy, electric vehicles, and environment business. PT. Perkebunan Negara (PTPN) Group has its potential in renewable energy and environment businesses.

“Indonesia is potential in the energy security, namely the renewable one which covers bio-ethanol, and biodiesel. The both are the derivative products of sugarcane and palm oil and could be the future energy in Indonesia. PTPN has the chances to develop biodiesel both as the material supplier, developer and seller of the products directly to the downstream,” he said. (T2)


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