The company he founded, Huileries du Congo Belge (HCB), is still in operation in the palm oil business today, although under a different name, Plantations et Huileries du Congo (PHC).
How much crude oil is produced in Congo?
Congo, Republic of Crude Oil: Production was reported at 261.604 Barrel/Day th in Dec 2022 This records a decrease from the previous number of 266.646 Barrel/Day th for Dec 2021 Congo, Republic of Crude Oil: Production data is updated yearly, averaging 157.000 Barrel/Day th from Dec 1960 to 2022, with 63 observations
What is the future of vegetable oil in DR Congo?
Opportunities for the DR Congo The global vegetable oil market is expected to grow in value at over 7% per year from USD 318 billion in 2022 to reach USD 791 billion by 2031, with the palm oil segment being the biggest contributor to this growth [ 4 ].
How much palm oil did Congo produce in 1961?
While Congo produced 224,000 tons of palm oil in 1961, Malaysia and Indonesia produced 94,846 tons and 145,700 tons respectively. Sixty years later, Congo¡¯s production was stagnating at 300,000 tons, while Malaysia¡¯s and Indonesia¡¯s production had exponentially grown to 19.1 million tons and 44.8 million tons respectively.