Beberapa hari yang lalu media massa mengabarkan sudah
ada "beberapa" industri besar yang serius menyatakan
berminat investasi untuk memproduksi bio-diesel, atau
bio-ethanol. Ternyata salah satu dari industri tersebut
berasal dari Medco group (perusahaan di bidang perminyakan
di indonesia). Kalau Medco bilang berminat, saya rasa
mestinya ini serius ...

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<http://www.thejakartapost.com/detaillatestnews.asp?
fileid=20051216173319&irec=2>

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Medco Energi plans to spend $34.1 million on Sumatra ethanol plant
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JAKARTA (Bloomberg): PT Medco Energi International, Indonesia's 
largest publicly traded oil company, plans to spend $34.1 million 
to build an ethanol plant in the Southeast Asian nation's Lampung 
province in southern Sumatra.

The plant will have a production capacity of 60,000 kiloliters 
of ethanol a year, processed from cassava-derived starch and 
sugarcane molasses, Medco said in a statement on Friday. Medco 
and local partner PT Trade Bioenergy Indonesia, plans to start 
the construction in the third quarter of 2006, it said.

"The plant will produce industrial-grade ethanol by the end of 
the third quarter of 2007 with main markets in Singapore and Japan," 
Medco said. "We expect the plant to eventually be able to produce 
fuel-grade bio-ethanol."

Indonesia, Southeast Asia's biggest oil consumer, wants to use 
more gasoline mixed with ethanol, palm oil and other vegetable 
oils to help cut energy imports. Soaring oil prices and higher 
domestic demand are draining Indonesia's finances as the government 
subsidizes fuel for its 238.5 million people.

Medco is among 11 companies which secured licenses to build bio-
fuel plants to make bio-fuels that stretch fossil fuel supplies 
when crude oil prices rise. Oil prices reached a record $70.85 a 
barrel on Aug. 30.

President Susilo Bambang Yudhoyono will order that fuels such as 
gasoline are mixed with 5 percent of bio-diesel or bio-ethanol 
from early next year, Research and Technology Minister Kusmayanto 
Kadiman said on Dec. 14. The government will promote the use of 
bio-diesel, a mixture of diesel and palm oil, to reduce reliance 
on oil-based fuel as well as to reduce carbonemissions, he said.

Medco Energi's unit PT Medco Ethanol Indonesia, owns 85 percent 
of the ethanol plant joint venture, called PT Medco Ethanol Lampung. 
Trade Bioenergy holds the rest. The companies are in the process of 
getting financing from banks, Medco said. (**) 







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