Indonesia’s B40 biodiesel plan back on track after palm oil prices improve

The government has rekindled plans to escalate Indonesia’s biodiesel program after a five-month hiatus caused by weak palm oil prices and the unfolding global health crisis. Coordinating Economic Minister Airlangga Hartarto recently ordered state-owned fuel giant Pertamina to revive the program a few days after the company produced an experimental batch of new biodiesel and…

Council of Palm Oil Producing Countries tells Kraft Heinz to withdraw misguided negative campaign, ‘palm oil-free’ claims

KUALA LUMPUR, Aug 5 — The Secretariat of the Council of Palm Oil Producing Countries (CPOPC) is asking American food company Kraft Heinz Company to withdraw its misguided negative campaign on palm oil and “palm oil-free” claims and discriminatory messages on the company’s products. It said the company, a member of the Roundtable on Sustainable…

Indonesia seeks to conclude trade negotiation with EU next year to bolster recovery

Indonesia hopes to conclude negotiations for a trade agreement with the European Union next year to bolster the country’s economic recovery after the pandemic, but policies on palm oil remain a major sticking point. The Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA), Indonesia’s largest bilateral trade negotiation to date, was expected to boost trade, investment and…