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A palm oil mill located on a palm oil plantation in Malaysia A satellite image showing deforestation in Malaysian Borneo to allow the plantation of oil palm. Malaysia is the world's second largest producer of palm oil, producing 19.7 million tonnes in 2023-24. [46]
Oil palms (Elaeis guineensis) Oil palm fruit is one of the most widely produced primary crops in the world.. An estimated 1.5 million small farmers grow the crop in Indonesia, along with about 500,000 people directly employed in the sector in Malaysia, plus those connected with related industries.
The Council of Palm Oil Producing Countries (CPOPC) is an intergovernmental organization founded by Indonesia and Malaysia to collectively promote the global use of palm oil. Together, the two countries produce the majority of the world's palm oil, a product that has come under pressure due to environmental concerns.
In 1995, Malaysia was the world's largest producer, with a 51% of world share, but since 2007, Indonesia has been the world's largest producer, supplying approximately 50% of world palm oil volume. Worldwide palm oil production for season 2011/2012 was 50.3 million metric tons (55.4 million short tons), increasing to 52.3 million metric tons ...
Malaysia's Sime Darby is the largest listed palm oil company globally, based on plantation area and fresh fruit bunch production. [14] The company was created through a Malaysian government initiated merger in December 2006. [15] [16] The world's second-largest oil palm plantation company, Felda Global Ventures Holdings (FGV), is also based in ...
Oil from Elaeis guineensis is also used as biofuel. Human use of oil palms may date back to about 5,000 years in coastal west Africa. Palm oil was also discovered in the late 19th century by archaeologists in a tomb at Abydos dating back to 3000 BCE. [6] It is thought that Arab traders brought the oil palm to Egypt. [citation needed]
Elaeis guineensis, the African oil palm, the major palm oil crop species; but also: Attalea maripa, the maripa palm; Cocos nucifera, the coconut palm, which yields coconut oil from its seeds; Elaeis oleifera, the American oil palm; The genus Elaeis, with just two species, E. guineensis and E. oleifera, referred to as the oil-palm genus
Members of the RSPO include palm oil producers, environmental groups, and manufacturers who use palm oil in their products.No mention to well documented nocive health effects of palm oil is made by the organization, however. [5] [6] [2] In 2014, Indonesia accounted for 40% of global palm oil production and 44% of the total RSPO-certified areas. [7]