00:00 The Petrochemicals and Oil Industry Commission's (PT) John Linn Agro Raya TBK
00:02 has signed a contract for the production of biodiesel or fatty acid methyl ester
00:06 from PT Pertamina Patraniaga.
00:08 The value of the contract is 1.65 trillion rupiah.
00:12 In a statement to the Indonesian Stock Exchange,
00:15 the Director of Finance, Perserwan, Temi Iskandar said
00:19 that Perserwan and Pertamina Patraniaga
00:21 have signed a biodiesel or FAME contract on 11 January 2024.
00:27 The agreement is to produce biodiesel from January to December this year.
00:32 The estimated value of the contract is 1.65 trillion rupiah,
00:36 not including the PPN.
00:38 Temi insisted that Perserwan and Pertamina Patraniaga
00:41 have no affiliation.
00:43 Perserwan is a palm oil company owned by the King of the King, Haji Isam,
00:47 while Pertamina Patraniaga is a subsidiary of PT Pertamina Perserwan.
00:51 For more information, visit www.isglobal.org
00:57 Isglobal.org
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