JAKARTA, Nov 7 (Reuters) - Palm oil
refinery capacity in Indonesia, the world's top producer of the edible oil,
will rise 21 percent by the end of this year to 25 million tonnes, an industry
group said on Wednesday, and increase to 30 million tonnes next year.
"It is estimated that
investment in the palm oil downstream industry may reach $2.03 billion from
early 2013 to 2015," Sahat Sinaga, executive director of the Indonesian
Vegetable Oil Refiners Association, told reporters.
"All these investments are
driven by our existing policy on boosting the palm oil downstream
industry."
Indonesia slashed export duties for
processed oil in October last year, in an effort to boost investments in
processing and create more jobs in the sector.
