PALMOILMAGAZINE, JAKARTA — PT Tunas Baru Lampung Tbk (TBLA) delivered an impressive performance in the first quarter of 2025, driven by higher palm oil product prices and substantial contributions from its biodiesel segment. According to the company’s Q1 financial report, as cited by beige-heron-208544.hostingersite.com on Thursday (Aug. 7, 2025), TBLA recorded solid year-on-year growth in revenue, operating profit, and EBITDA of 27.7%, 30.2%, and 21.7%, respectively.
The rise in crude palm oil (CPO) prices early this year boosted the average selling prices (ASP) of derivative products such as cooking oil, biodiesel (FAME), and palm kernel oil (PKO). ASP for cooking oil and PKO surged by 23.3% and 97.4%, respectively, while biodiesel prices climbed 11.4% year-on-year.
TBLA further strengthened its position as a key player in Indonesia’s biodiesel industry. In 2025, the company secured FAME supply contracts totaling 809 thousand kiloliters (equivalent to 686 thousand tons), marking a 113.5% jump from last year’s 379 thousand KL (321 thousand tons).
Also Read: Environment Minister Stresses Corporate Responsibility in Combating Forest and Land Fires in Riau
Capacity expansion has been central to TBLA’s growth strategy. With the completion of its second biodiesel plant, the company’s total annual biodiesel production capacity has reached 765 thousand tons. This capacity is expected to support the government’s plan to increase the mandatory biodiesel blend from B40 to B50 starting in 2026.
On the upstream side, fresh fruit bunch (FFB) production and purchases rose 31.9% following the easing of El Niño’s impact in South Sumatra. CPO output climbed 39.9% year-on-year, while biodiesel production surged 123.1% to fulfill ongoing contracts. To sustain downstream operations, TBLA also purchased around 121 thousand tons of CPO from external sources. (P2)
