Latest News: Page 58

KPBN Holds a 70th State Defense Day Ceremony

19

Dec

KPBN Holds a 70th State Defense Day Ceremony

After the Declaration of National Defense reading, the Inspector of the ceremony read the mandate of the President of Indonesia. "Defense of the [...]

23

Nov

PT KPBN's 9th Anniversary Thanksgiving

The event was attended by PTPN III (Persero) Plantation Holding President Director, Dolly P Pulungan, Marketing Director I Kadek Kertha Laksana, [...]

PT KPBN's 9th Anniversary Thanksgiving. The event was attended by PTPN III (Persero) Plantation Holding President Director, Dolly P Pulungan, Marketing Director I Kadek Kertha Laksana, Board of Commissioners, Board of Directors, and KPBN employees. All participants at the event wore batik-themed attire. The event was opened by the MC, followed by a speech from PT KPBN President Director, Edward S. Ginting. In his speech, Edo stated that `In the future, PT KPBN will transform further, innovate, and open up new businesses besides being in plantation community marketing.` Another highly anticipated moment was when the President Director of Perkebunan PTPN III (Persero) Holding, for the first time, gave his direction and hopes for PT KPBN. One of his hopes was to `have PT KPBN continuously innovate, remain optimistic in facing every challenge, and be competitive in the global market. The achievements to date are expected to not only be maintained but also enhanced,` said Dolly. `The greatest challenge at PT KPBN's 9th anniversary will be our ability to adapt to changes occurring. The shift in working methods toward technology-based millennials is a real challenge that must be faced. In the future, PT KPBN must achieve maximum success and excel as a BUMN subsidiary for plantation commodities that can compete with other companies,` added Dolly in his speech. The peak of the 9th KPBN Anniversary celebration was the tumpeng rice cone cutting, given symbolically from the PT KPBN President Director to the Plantation Holding President Director, followed by a group photo, prayers, and a friendly gathering.

PTPN Group Subsidiary Will Export 36 Million Kilo Liters of B20 to Japan

29

Oct

PTPN Group Subsidiary Will Export 36 Million Kilo Liters of B20 to Japan

Minister of Commerce, Enggartiasto Lukita, who accompanied the meeting between the two partners, said that Nano Fuel has a technology that requires [...]

PTPN Group Subsidiary Will Export 36 Million Kilo Liters of B20 to Japan. 
Minister of Commerce, Enggartiasto Lukita, who accompanied the meeting between the two partners, said that Nano Fuel has a technology that requires fuel from palm oil Indonesia, in this case B20.

“I convey that we already use B20 and the government has prepared steps to take for B30 and there are some who are planning to even jump further than that. But we start with B20, 36 thousand (kiloliters) as a start,” said Enggar after the meeting in the VVIP Lounge of ICE BSD Tangerang, Banten, on Sunday (October 28).

Enggar further said that at this meeting the Japanese party also intended to ensure Indonesia's readiness regarding the sustainability of exports in the future.

Of course, they wanted to ask a few things, first regarding sustainability, because if we are to develop this on a large scale they were asking whether we would be ready to export,” Enggar added.

In addition to that, Enggar also assured the Japanese party that price fluctuations would not be an issue.

Regarding price, the price is definitely more secure compared to other gases because that has higher fluctuations. We are the largest producer of palm oil in the world. And once more, this is more friendly,” Enggar said.

4 Companies Join Forces to Export Biomass Fuel Products to Japan

29

Oct

4 Companies Join Forces to Export Biomass Fuel Products to Japan

This four-way cooperation was realized with a memorandum of understanding (MoU) that was signed on the final day of Trade Expo Indonesia 2018, Sunday [...]

4 Companies Join Forces to Export Biomass Fuel Products to Japan. This four-way cooperation was realized with a memorandum of understanding (MoU) that was signed on the final day of Trade Expo Indonesia 2018, Sunday (28/10), and witnessed by the Ministry of Trade's Director General of Export Development Arlinda, Trade Attache of the Indonesian Embassy (KBRI) of Tokyo Faried Rachman, and the Minister of Trade (Mendag) Enggartiasto Lukita. "We appreciate this four-way cooperation, and the Indonesian government supports the export of palm oil-based liquid fuels to Japan," the Trade Minister said in a statement received by the editorial staff on Monday (29/10).
Enggartiasto also encouraged Nanofuel Co. Ltd to build a production facility in Indonesia, since in the future Indonesia will implement B30 to B100 for the utilization of generators, vehicles, and jet fuel.
In an audience with the Trade Minister, the President and CEO of Nanofuel Co. Ltd Takehiko Matsumura said that besides buying palm oil-based liquid fuel from Indonesia, Nanofuel wants to contribute to the production of palm oil-based liquid fuel for Indonesia's domestic needs.
Nanofuel Co. Ltd. will develop Nano Bio Fuel technology by utilizing a variety of palm oil-based derivative products, including CPO, PAO, Palm Fatty Acid Distillate (PFAD), and Refined Bleached Deodorized (RBD) Stearin into liquid fuel. Nano Bio Fuel can make palm oil-based liquid fuel mixed with 25 percent water that has been reduced in size from 198 ppm to 6 ppm so that combustion is more efficient. The development of this technology is also supported by the Japanese government through the New Energy and Industrial Technology Development Organization (NEDO).
The President Director of PT Awina International Ananda Setiyo Ivannanto and the Senior Managing Director of AAI Co. Ltd. Yuukichi Hirayama in an audience with the Trade Minister expressed their seriousness in using waste from palm oil to turn into fuel and to export it to Japan. Awina International and AAI Co. Ltd. have conducted an MOU in 2017 in Japan with JAG Energy and PT Bakrie Brothers TBk to process empty oil palm bunches with semicarbonization into fuel for power plants in Japan.
The President Director of PT KPBN Edward S. Ginting supports the export of palm oil-based liquid fuel products to Nanofuel. For the provision of palm oil sources, not only from state-owned palm oil companies, but also from private mills. "Including working towards a mutually beneficial commercial scheme that can be agreed upon by all related parties for long-term contracts and price stability," he said.
The government of Japan is aggressive in developing renewable energy to replace fossil and nuclear energy. Biomass energy has become a renewable energy that is relied upon by the government of Japan because it can become a supplier of electricity for base loads in a stable manner.
According to data from the Ministry of Economy, Trade and Industry (METI) of Japan, in 2030 Japan will build 24,000 MW of biomass power plants, where 20,000 megawatts (MW) will replace nuclear power plants and 4,000 MW will be new biomass power plants. At least 4 million tons worth US$1.46 billion, or 10 percent of these new power plants will utilize palm oil-based liquid fuel.
 
source: http://www.beritasatu.com/ekonomi/519136-kolaborasi-4-perusahaan-ekspor-bahan-bakar-pembangkit-biomassa-ke-jepang.html

Edward S. Ginting Led Pancasila Sanctity Day Ceremony

01

Oct

Edward S. Ginting Led Pancasila Sanctity Day Ceremony

The Pancasila Sanctity Day commemoration this year carries the theme "Pancasila as the Foundation for Achieving the Nation's Achievements". The [...]

27

Sep

Commodity Price Outlook 2019

Commodity Price Outlook 2019 is a Benchmark Price (HAA) for 2019. The Commercial Director of PT KPBN said that “For this year's benchmark price [...]

Commodity Price Outlook 2019. Commodity Price Outlook 2019 is a Benchmark Price (HAA) for 2019. The Commercial Director of PT KPBN said that “For this year's benchmark price determination, there is a format change, in which price determination has been set by Holding Perkebunan based on predictions and input from KPBN”.
“Next year, it is predicted that commodity prices will continue to fluctuate, compounded by the fact that 2019 is a political year, which can support or suppress commodity prices” said Iman Bimantara.
The speaker at the first session was a Bank Mandiri Senior Economist, Andy Asmoro with material about World Macro-Economics in 2019. Furthermore, there was a material presentation from Guswanto as Head of BMKG Climate Information Service Center with material entitled 2019 Weather Movement Forecast. The last material presentation was by Reuters Technical Analyst, Wang Tao about Technical Analysis of the 2019 Commodity. Participants were able to ask questions directly to the speakers.
The second session discussed the 2019 Commodity Benchmark Price (HAA), The commodities presented were Palm Oil, Rubber, Sugar, Molasses, Coffee, Cocoa, and Tea.

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