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The remains of a peat forest in Indragiri Hulu, Riau Province, Indonesia to make way for oil palm plantation.. Production of palm oil in Indonesia has, since 1964, recorded a phenomenal increase from 157,000 metric tons (155,000 long tons; 173,000 short tons) to 41.5 million metric tons (40,800,000 long tons; 45,700,000 short tons) in 2018 [7] and a total of 51 million metric tons (50,000,000 ...
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.
Palm oil production is vital for the economy of Malaysia, which is the world's second-largest producer of the commodity after Indonesia. [ 1 ] [ 2 ] The Malaysian Palm Oil Board (MPOB) is a government agency responsible for the promotion and development of the palm oil sector in the country.
The world's largest palm oil biodiesel plant is the €550 million Finnish-operated Neste Oil biodiesel plant in Singapore, which opened in 2011 with a capacity of 800,000 tons per year and produces hydrodeoxygenated NEXBTL biodiesel from palm oil imported from Malaysia and Indonesia.
It has 15 palm oil mills with a total refining capacity of 1.8 million metric tonnes of FFB (fresh fruit bunches) per year from its 98 estates throughout Malaysia and Indonesia. [7]: 7 With oil yield of some six tonnes per hectare per year at its mature estates, IOI is the most efficient plantation company in the world. [8] Malaysia's oil palm ...
Based in Singapore, [6] ICOF builds "sustainable palm oil solutions" for their clients. [7] In 2003, Musim Mas commenced operations for its oleochemicals plant located in the Medan Industrial Area II (KIM II). The following year, Musim Mas was the first company in Indonesia to achieve Roundtable on Sustainable Palm Oil (RSPO) certification. [8]
PPB is also the single largest shareholder of Wilmar International, one of the leading palm oil producers and agribusiness companies in the world. The company was founded in 1968 as Perlis Plantations Berhad (from which it derives its current name) by Robert Kuok to cultivate and mill sugar cane in the northern Malaysian state of Perlis .
Across their various estates in Malaysia and Indonesia United Plantations had 45,810 hectares of oil palm planted as of their 2013 annual report. An additional 3,090 hectares in Malaysia was planted with coconut. [1]