Sinar Mas Agro Resources Supply B30 Program
Oil palm based company, Sinar Mas Agro Resources Supply B30 Program. Sinar Mas Agro Resources and Technology Tbk (SMAR) is ready to supply biodiesel raw material 30% (B30) in 2020, as there is an increase in vegetable content from the position of this year by 20%. The increase also encourages the need for biodiesel raw materials (fame). Based on decree of the Minister of Energy and Mineral Resources (ESDM) Indonesia No. 199 K/20/MEM/2019.
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Moreover, the decision on the determination of the oil fuel Business agency, and the Biodiesel fuel type business materials. As well as allocation of Volume magnitudes for oil fuel mixing Solar Type period January-December 2020. The SMAR supplies biodiesel to a number of oil-fueled enterprises (BUBM).
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Technically, SMAR will supply 17,921 kl Biodiesel to Pertamina (Persero), AKR Corporindo Tbk (AKRA) 239,651 kl, ExxonMobil Lubricants Indonesia 3,630 kl, Energi Coal Prima 91,976 kl, and Sinar Alam Dutaperdana II as much as 30,000 kl. One of SMAR’s subsidiaries, Sinarmas Bio Energy, obtained an allocation to supply three companies. The three companies are Pertamina amounting to 365,664 kl, AKRA 17,860 kl, and Baria Bulk Terminal as much as 12,600 kl. The total supply obligation of Sinarmas Bio Energy as much as 396,124 kl.
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Overall, the supply allocation belonging to the Sinarmas Group reaches 779,302 kl, or an equivalent of 8.1% of total biodiesel needs in the next year reaching 9.59 million kl. The Fame allocation belonging to the Sinarmas Group next year increased by 40.9% compared to this year only 225,111 kl. Investor Relations of Sinar Mas Agribusiness and Food, Pinta S. Chandra said, SMAR is able to fulfill the increase in allocation as needed.
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As well as, management simply optimizes the capacity of the existing biodiesel processing plant today. Previously Director of SMAR Agus Purnomo said, the industry actors nationwide have sufficient biodiesel plant capacity to meet the increase in the post state domestic demand B30 program. Last, The current biodiesel production of 6 million tonnes to 7 million tonnes per year of the industrial installed capacity is 12 million tonnes of biodiesel per year.
So far, SMAR management already has two biodiesel factories each with a capacity of 300,000 tonnes per year. The factory is located in Marunda (Jakarta) and Tarjun (South Kalimantan).
