{
    "success": true,
    "data": {
        "id": 1866340,
        "msgid": "b50-programme-brightens-prospects-for-palm-oil-downstreaming-says-indef-1784307144",
        "date": "2026-07-17 23:24:56",
        "title": "B50 Programme Brightens Prospects for Palm Oil Downstreaming, Says Indef",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The mandatory B50 biodiesel programme is set to boost the downstreaming of Indonesian palm oil into over 200 high-value derivative products, according to economist Esther Sri Astuti. She emphasised the need for a robust industrial ecosystem and product differentiation to enhance global competitiveness. The Energy Ministry projects the policy will save approximately Rp170 trillion in foreign exchange and create up to 2.1 million jobs by 2026.",
        "content": "<p>Executive Director of the Institute for Development of Economics and\nFinance (Indef) Esther Sri Astuti assessed that the B50 programme gives\nthe domestic palm oil commodity bright prospects for downstreaming into\nother derivative products with high added value. She noted that palm oil\ncan not only be utilised as an energy raw material but can also be\ndeveloped for other sectors such as pharmaceuticals and food. \u201cIn my\nopinion, the prospects for palm oil are very bright, especially since\nthere are more than 200 types of palm oil derivatives. It can not only\nbe processed into energy but also pharmaceuticals, food, and others,\u201d\nEsther said when contacted in Jakarta on Friday. She assessed that\nIndonesia has a great opportunity to strengthen palm oil downstreaming\nby developing various derivative products. However, this step must be\naccompanied by the development of a strong industrial ecosystem in order\nto increase competitiveness in the global market. \u201cIndonesia has a great\nopportunity to continue downstreaming palm oil into various derivative\nproducts. But the most important thing is to build the ecosystem,\u201d she\nsaid. Esther explained that the export development strategy for palm oil\nderivative products needs to be directed towards product\ndifferentiation. Indonesia cannot simply rely on exporting crude palm\noil (CPO), but must increase the production of value-added goods such as\nsoap, detergent, biodiesel, and lubricants. In addition to strengthening\ndownstreaming, Esther encouraged industry players to pay attention to\nquality standards and international trade regulations. Palm oil\nderivative products, especially those entering the food and cosmetics\nsectors, must meet the safety and sustainability standards applicable in\ndestination markets. Previously, the Ministry of Energy and Mineral\nResources (ESDM) stated that the implementation of B50 biodiesel\nprovides real economic benefits for the country while strengthening\nnational energy independence. ESDM Ministry spokesperson Dwi Anggia\nexplained in Jakarta on Friday that this transformation marks an era\nwhere national energy sovereignty is driven directly by domestic\ncommodities. Under this new formula, for every litre of diesel consumed\nby the public, half of its portion now comes from produce planted and\nproduced directly by local Indonesian farmers. According to him, this\nfull involvement of domestic commodities is believed to strengthen the\nfundamentals of national energy security in facing global market\nturmoil. \u201cThis B50 programme provides real economic benefits for the\ncountry. The implementation of B50 is projected to save the country\u2019s\nforeign exchange by around Rp170 trillion throughout 2026. These savings\nare important capital to support development and strengthen the national\neconomy. In addition, this programme is targeted to create up to 2.1\nmillion new jobs for the community,\u201d he stated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/b50-programme-brightens-prospects-for-palm-oil-downstreaming-says-indef-1784307144",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}