Which country exports the most palm oil in the world?
Of the 60 million tonnes of oils and fats exported around the world, palm oil and palm kernel oil made up close to 60%; Malaysia, with 45% of the market share, dominated the palm oil trade. Production of palm oil that complies with voluntary sustainability standards is growing at a faster rate than conventional production.
Are palm oil plantations reversible in Borneo?
In Borneo, the forest (F), is being replaced by oil palm plantations (G). These changes are irreversible for all practical purposes (H). In addition to environmental concerns, palm oil development in regions that produce it has also led to significant social conflict.
Where is the world’s largest palm oil biodiesel plant?
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.
Will palm oil biodiesel increase the demand for palm oil?
According to a 2009 study published in the Environmental Science and Policy journal, palm oil biodiesel might increase the demand for palm oil in the future, resulting in the expansion of palm oil production, and therefore an increased supply of food.