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The MPOB supports the development of new products including biodiesel [7] and alternate uses for palm biomass, the organic waste produced when processing oil palm trees.The research into biomass has led to the development of wood and paper products, fertilisers, bioenergy sources, polyethylene sheeting for use in vehicles and other products made of palm biomass.
A mature oil palm plantation in Malaysia (2007) New oil palm plantation in East Malaysia (2010) 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
Malaysia's oil palm average yield for the last 20 years has been stagnant at four tonnes per hectare per year. [9] Nestlé stopped buying palm oil from IOI in 2016. [10] The United Nations Environment Programme says palm oil production is the leading cause of deforestation, which is occurring at a rate of about two per cent per year.
The Ministry of Plantation and Commodities (Malay: Kementerian Perladangan dan Komoditi; Jawi: كمنترين ڤرلاداڠن دان كومودتي ) is a ministry of the Government of Malaysia that is responsible for overseeing the development of the main commodities of Malaysia which are palm oil, rubber, timber, furniture, cocoa, pepper, kenaf and tobacco.
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Malaysian Palm Oil Board* (MPOB) Malaysian Pepper Board* (MPB) Malaysian Rubber Board* (LGM) Malaysian Timber Industries Board* (MTIB) National Kenaf and Tobacco Board* (LKTN) Malaysian Palm Oil Certification Council** (MPOCC) Malaysian Palm Oil Council** (MPOC) Malaysian Rubber Council** (MREPC) Malaysian Timber Certification Council** (MTCC)
[114] [115] Though Indonesia produces more palm oil, Malaysia is the world's largest exporter of palm oil having exported 18 million tonnes of palm oil products in 2011. [ 116 ] In March 2019, the European Commission concluded that palm oil cultivation results in excessive deforestation and its use in transport fuel should be phased out by 2030.
PPB Group Berhad is a Malaysian diversified conglomerate which engages in food production, agriculture, waste management, film distribution, property investment and development. PPB is also the single largest shareholder of Wilmar International , one of the leading palm oil producers and agribusiness companies in the world.