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Touted as the only Biofuel exhibition in Indonesia, this event will bring together medium to large biofuels producers, investors, regulators, project owners and equipment/service providers to discuss how to fight the critics and drive the biofuel market forward.
The multi-stream conference will address areas such as ever changing regulations, best practices, future growth and outlook trends, emerging feedstocks, second generation technology and production methods, storage and handling concerns and quality control.
New Biofuel Plant In Medan To Be Completed By 2009
PT Perkebunan Nusantara and five other state oil and gas firms announced that they will develop a palm oil biodiesel plant in Medan, North Sumatra, with construction slated to be completed in 2009 paving way for process companies and supporting industries for biofuel plants.
Ample Palm Oil Plantations In North Sumatra To Help Fuel Biofuel Needs
The vast amount of palm oil plantations surrounding the capital city of Medan in North Sumatra is also one of the primary reasons of the location of the brand new Biofuel plant as most biofuel plants in Indonesia are currently utilizing Palm Oil as the main ingredient in its biofuel blends.
Government Plans To Substitute 10% Of Fossil Fuels With Biofuel By 2010
The secretary of the Indonesian Biofuel Development Team had told Reuters earlier this year that Indonesia plans to substitute 10 percent of its fossil fuel usage with biofuels by 2010. The move is reportedly aimed at reducing the size of the government fuel subsidy without raising consumer prices.
Commitment To Development Of Biofuel By The Indonesian Government
The Indonesian Government made a firm commitment to the development of biofuel potential in the country. Presidential Instruction (InPres) no. 1/2006 was issued for the provision and utilization of biofuel in Indonesia as an alternative energy source.
An integrated stategy for implementation of the biofuel program has been developed. Special fiscal incentives are also being provided by the Indonesian Government, on top of investment guarantees and protections to encourage foreign and national investments. To further expedite Indonesia's adaption of biofuel, The National Biofuel Development Team (TimNas BBN) was formed. Another facet of Indonesia's biofuel development program is the mapping of the Special Biofuel Zone.