Pertamina and AKR to purchase 765,000 kiloliters of biodiesel to satisfy B15 before year’s end

In Indonesia, Pertamina and AKR say they will purchase 765,000 kiloliters of biodiesel to satisfy the new B15 blending mandate for the rest of 2015, with 339,000 kl to be purchased between now and October and the remaining to be purchased later in the year, predominantly from Wilmar, Eterindo, Musim Mas, Pelita Agung and Darmex Agro. The Indonesia Estate Crop Fund has received $54.3 million from the levy attached to palm oil exports since July 16, with the funds to be used for subsidizing the price of the fuel Pertamina and AKR must pay.

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