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+<br>KUALA LUMPUR, Oct 8 (Reuters) - A [leading palm](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [oil industry](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) expert on Tuesday said  for the [extensive usage](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of the [palm-oil based](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) B40 [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) from next year would be "devastating" for the [worldwide](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) market, as it would include the [additional](https://forest500.org/rankings/companies/mission-newenergy-limited) use of 1.5 to 1.7 million metric lots of the [product](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
+<br>Oil World [senior analyst](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [David Mielke](https://www.crunchbase.com/organization/mission-newenergy) also [stated global](https://www.google.com/search?kgmid=/m/0cqd_rb) [palm oil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [production](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is [anticipated](https://www.businessnews.com.au/Company/Mission-NewEnergy) to [increase](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by 2.3 million metric tons in 2024/25 [compared](https://pitchbook.com/profiles/company/51278-86) to the previous season.<br>
+<br>([Reporting](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) by [Danial Azhar](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and Ashley Tang
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