Japan, April 14 -- Mitsui O.S.K. Lines, Ltd., PT Hasnur Group Indonesia, Hanwa Co., Ltd., NH Foods Ltd., Four Pride Management Pte. Ltd., and SPIL Ventures (their respective presidents and headquarters are listed below) today announced the formation of a consortium to launch a pilot cultivation project for Pongamia, a plant known for its oil-bearing seeds, in Tapin Regency, South Kalimantan Province, Indonesia. The consortium will use approximately 10 hectares at the site of a former coal mine to conduct technical verification over a five-year period from 2026 to 2031, including the cultivation of Pongamia, the collection of growth data, and the assessment of its potential both as a biofuel feedstock and as a source of carbon credits.Consor...