palm oil refinery plant low consumption

                                               
                                               
                                               
                                               
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  • How has palm oil production changed since the 1960s?
  • Palm oil production has increased rapidly since the 1960s. Between 1970 and 2020, the world’s production of palm oil increased by about 40 times. Global production went from only 2 million tonnes to around 80 million tonnes. The change in global production is shown in the chart.3
  • Which palm oil producers are promoting sustainable production & transitioning to net-zero emissions?
  • To address these concerns, the leading palm oil producers, Indonesia and Malaysia, are actively promoting sustainable palm oil production and transitioning to net-zero emissions. Among other oil crops, such as soybean, rapeseed, and sunflower, palm has the most sustainable standards.
  • What is palm oil refining industry?
  • The palm oil refining industry has witnessed a commendable growth in recent decades and thus, has emerged as one of the vital manufacturing sectors in the world. Further, it has gradually become the most abundant traded vegetable oil in the world, owing to the growing demand.
  • What challenges will the oil palm sector face in the 2020s?
  • This review surveys the oil palm sector in the 2020s and beyond, its major challenges and options for future progress. Oil palm crop production faces many future challenges, including emerging threats from climate change and pests and diseases.