Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
8119150 | Renewable and Sustainable Energy Reviews | 2014 | 8 Pages |
Abstract
Domestic palm oil production is projected to rise by about 50% to 26.6 million tons in 2035. Domestic demand of palm oil for food consumption, industrial non-food uses and biodiesel is anticipated to increase by more than 200% to 1.4 million tons in 2035, up from 0.4 million tons in 2009. Domestic demand, however, amounts to only a very small portion (5%) of total palm oil production in 2035, with an expected exportable surplus of over 25 million tons. With such surplus capacity, Malaysia will become a formidable competitor in the world vegetable oil and biofuel markets.
Related Topics
Physical Sciences and Engineering
Energy
Renewable Energy, Sustainability and the Environment
Authors
Peck Yean Gan, Zhi Dong Li,