--- title: "Indonesia, Toyota in talks on potential bioethanol project" type: "News" locale: "en" url: "https://longbridge.com/en/news/283299560.md" datetime: "2026-04-20T05:53:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283299560.md) - [en](https://longbridge.com/en/news/283299560.md) - [zh-HK](https://longbridge.com/zh-HK/news/283299560.md) --- # Indonesia, Toyota in talks on potential bioethanol project JAKARTA, April 20 (Reuters) - Indonesia is in talks with Japan’s Toyota Motor Asia on a potential joint investment in bioethanol production in the Southeast Asian country, a government official and executives from Toyota told reporters on Monday. Here are some details: - A renewable energy subsidiary of Indonesia’s state energy firm Pertamina is discussing potential joint investment with Toyota Tsusho for a bioethanol plant in Indonesia’s Lampung province on the southern tip of Sumatra, said Deputy Investment Minister Todotua Pasaribu. - If they reach a deal, construction on a plant with capacity of 60,000 kilolitres of bioethanol per annum could start in the second half of 2026, with production eyed in 2028, he said. - A new 6,000-hectare (around 14,800 acres) sorghum plantation will produce the feedstock, Pasaribu said. - The estimated total cost of the investment is $200 million-$300 million, he said. - Japan’s Research Association of Biomass Innovation for Next Generation Automobile Fuels (raBit) is involved in the talks, Pasaribu said. - Speaking alongside Pasaribu, Masahiko Maeda, Toyota Motor Asia’s chief executive for the Asia region, said Toyota vehicles could use the bioethanol produced in the Lampung plant. - Pras Ganesh, an executive vice president of Toyota Motor Asia, told Reuters on the sidelines of the press conference that discussions were still underway and a deal has not been reached. - Indonesia has set a target to produce bioethanol using domestically available sources such as biomass from palm oil, corn and sorghum to reduce its reliance on imported fuels. - The country plans to impose mandatory 10% bioethanol content in gasoline in 2028. ### Related Stocks - [TM.US](https://longbridge.com/en/quote/TM.US.md) - [7203.JP](https://longbridge.com/en/quote/7203.JP.md) - [TMH.US](https://longbridge.com/en/quote/TMH.US.md) - [8015.JP](https://longbridge.com/en/quote/8015.JP.md) - [TOYOF.US](https://longbridge.com/en/quote/TOYOF.US.md) ## Related News & Research - [Toyota Hydrogen Solutions Achieves Key Certifications for Commercial Fuel Cell Units | TM Stock News](https://longbridge.com/en/news/284565822.md) - [Toyota to build three assembly plants in India's Maharashtra, Nikkei reports](https://longbridge.com/en/news/284848542.md) - [Toyota sales fall for second month in March on Middle East slump, RAV4 model change](https://longbridge.com/en/news/284152468.md) - [Toyota’s EV sales rise 139% in March as drivers seek relief from surging gas prices](https://longbridge.com/en/news/284247485.md) - [14:06 ETToyota Hydrogen Solutions obtiene certificaciones clave para las unidades de celdas de combustible comerciales](https://longbridge.com/en/news/284817817.md)