Defeating Biodiesel, B100 Welcomes Prabowo-Gibran Government

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JAKARTA - The use of bioenergy or renewable energy originating from organic raw materials continues to be echoed in various countries, including Indonesia. Indonesia is predicted to be able to produce fuel which is 100 percent from palm oil aka B100.

Director of PT Fumin Kingdo Brothers, Yudhi Fu, said that his party cooperates with Henan Hi-tech Kingdo Industrial to build a B100 factory in Bangka which can better utilize palm oil waste to produce more competitive products.

Henan Hi-tech Kingdo Industrial is one of the biodiesel companies in China, not only running biodiesel factories in China, but also mastering advanced and mature technology in converting palm oil waste into new energy biodiesels.

"Our B100 can not only be used domestically, but also exported to America and Europe, because it is in line with their renewable energy regulations," said Yudhi in his statement, Friday, August 30.

Yudhi explained, Indonesia has sufficient palm oil waste resources. The reason is, Indonesia produces 55.8 million tons of palm oil per year, there are 2.2 million tons of palm oil wasted.

Before CPO factories in Indonesia threw them away as garbage. This not only causes environmental pollution, but also waste of resources.

"In recent years, factories in China have imported a lot of palm oil waste from Indonesia as raw material for biodiesel production, because biodiesel from palm oil waste is recognized as a product that can reduce carbon emissions, so more than 90% of Chinese biodiesels are exported to America and Europe," he said.

Yudhi explained, the use of B100 has a significant carbon emission reduction effect.

Indonesia, one of the largest greenhouse gas emission producers in the world, has set a target of reducing emissions by 31.89 percent with its own efforts, or 43.2 percent with international support, by 2030.

"B100 will contribute to realizing the target of reducing emissions," he said.

Other biodiesel factories in Indonesia use processed palm oil as raw material to produce biodiesel.

However, Yudhi said, his biodiesel factory in Bangka will use palm oil (POME) waste from the CPO factory to produce biodiesel. According to him, the price of palm oil is much cheaper than processed palm oil.

"In addition, we use technology that is much more advanced than China to further reduce production costs. Therefore, it is estimated that our B100 has a price advantage compared to existing biodiesels," he said.

"Currently, factories in Indonesia are using refined palm oil to produce biodiesel. Our factory will use palm oil waste from the CPO factory and even used cooking oil from restaurants. Our B100 will be cheaper than biodiesel from other factories in Indonesia, at least not more expensive than petro-diesel," he added.

Yudhi emphasized that the use of B100 can help reduce crude oil imports. He emphasized that palm oil is a renewable resource.

"Thus, B100 is renewable energy that is beneficial for the security of our energy in the future," he said.

Yudhi also believes that the Prabowo-Gibran government will support the B100 program. Moreover, the use of B100 is believed to save the country's finances of IDR 309 trillion.

"I firmly believe (the upcoming government supports), because Prabowo has stated on various occasions and has a savings program of up to IDR 309 trillion. So this will reduce the burden on the state budget and increase employment and domestic industries," he concluded.