JAKARTA. PT Sinar Mas Agro Resources and Technology Tbk (SMAR) is quite optimistic about the demand for fame, which is an ingredient for biodiesel, in 2020, due to the B30 program.
Pinta S. Chandra, Investor Relations of SMAR, said that the company is also confident that it can meet the needs of fame. "SMAR is ready to supply an ingredient of biodiesel (fame) for the B30 program starting next year, in accordance with the allocation," Chandra said as quoted by Kontan on Tuesday (17/12) today.
SMAR will supply 17,921 kiloliters (KL) of fame to PT Pertamina (Persero) in 2020. In addition, the company will also supply 239,651 KL of fame for PT AKR Corporindo Tbk (AKRA), 3,630 KL for PT ExxonMobil Lubricants, and a number of other companies.
The accumulation of fame which will be supplied by SMAR in 2020 is 779,302 KL, 40.58% higher than the amount of fame supplied by the company this year. (KR/AR)