June 21, 2025 | 01:05 GMT +7
June 21, 2025 | 01:05 GMT +7
Hotline: 0913.378.918
A seaweed farmer carries a load from a harvest at Nusa Beach on Indonesia's resort island of Bali on Mar 18, 2021. Photo: AFP/Sonny Tumbelaka.
Speaking at a business conference, Jokowi, as the president is known, said he will implement downstream policy for other commodities after successfully implementing it on mineral resources.
Resource-rich Indonesia banned exports of nickel ore to favour domestic processing in 2020, which attracted billions of dollars in investments into smelters to produce metals, and facilities to extract the materials used in electric vehicle batteries.
He said the downstream policy will also be implemented on agriculture products such as seaweed, which the archipelago country is the world's second-largest producer of.
"Not only for pharmaceutical and cosmetics, (seaweed) can also be used to produce bioethanol," Jokowi said.
Indonesia's seaweed output this year is estimated at 10.2 million metric tons, he said, and most are exported raw.
Bioethanol is typically produced from sugar molasses but certain types of seaweed have been promoted as alternative feedstock to produce the renewable fuel.
Indonesia is seeking to increase its bioethanol production capacity as it aims to expand the portion of renewable fuel in its energy consumption.
It mandates the use a biodiesel called B35, which contains 35 per cent fuel made from palm oil, but has not mandated the use of a bioethanol mix in gasoline due to the limited supply of sugar.
Authorities have also suggested using cassava as a potential source of bioethanol.
(Reuters)
(VAN) Poultry production in Poland, which has only started recovering from devastating bird flu outbreaks earlier this year, has been hit by a series of outbreaks of Newcastle disease, with the veterinary situation deteriorating rapidly.
(VAN) Extensive licensing requirements raise concerns about intellectual property theft.
(VAN) As of Friday, a salmonella outbreak linked to a California egg producer had sickened at least 79 people. Of the infected people, 21 hospitalizations were reported, U.S. health officials said.
(VAN) With the war ongoing, many Ukrainian farmers and rural farming families face limited access to their land due to mines and lack the financial resources to purchase needed agricultural inputs.
(VAN) Vikas Rambal has quietly built a $5 billion business empire in manufacturing, property and solar, and catapulted onto the Rich List.
(VAN) Available cropland now at less than five percent, according to latest geospatial assessment from FAO and UNOSAT.
(VAN) Alt Carbon has raised $12 million in a seed round as it plans to scale its carbon dioxide removal work in the South Asian nation.