1tpd palm oil refining line in pakistan

   
1tpd palm oil refining line in pakistan
                                               
                                               
                                               
                                               
  • 1tpd palm oil refining line in pakistan
  • Should Pakistan replace refined palm oil with crude oil?
  • Pakistan can save a tremendous amount of import bills if it replaces refined palm oil with crude oil as Pakistan is currently capable of refining 1.5 million tons of crude oil annually. Malaysia has 8 percent export duty while Indonesia has 14 percent export duty on crude oil.
  • What is the palm oil refining industry in Pakistan?
  • In 2006, the palm oil refining industry in Pakistan started Malaysian-Pakistan joint venture company i.e. Mapak Edible Oils in Port Qasim. Since then the industry has grown and Pakistan at this moment has more than 15 palm oil refineries with a total production capacity of more than 5,250 tons/day.
  • Why does Pakistan prefer refined oil over crude oil?
  • Despite the capacity, Pakistan only imported 190 thousand tons of CPO and imported 3.3 million tons of RBD palm oil in FY 2020-2021 (WeBOC). One reason for preferring the import of refined oil over crude oil is skyrocketing export duties on crude palm oil.
  • Is palm oil a burden for Pakistan?
  • Thus, palm oil can be a burden for Pakistan if imported without intervention on an international level and can be a breather if the crude palm is imported and utilized effectively to meet the edible oil requirements until Pakistan becomes self-sufficient in oilseed production and solvent extraction.