JAKARTA (Yosefardi) – Plantation company PT Tunas Baru Lampung Tbk (TBLA) plans to change its core business along with its plan to invest in biodiesel factory.
Biodisel industry has average 76.6% growth since 2008 to 2014, with its production reaching 5.75 million kilo liters in 2014, compared to 0.12 million kilo liters in 2008.
Last year, Indonesia exported 1.4 million tons of biodiesel valuing of US$1.1 billion, declined from US$1.4 billion in 2013.