A presentation at the 2018 Palm Oil Trade Fair and Seminar in Kuala Lumpur highlights the nutritional and stability benefits U.S. food manufacturers gain when using palm oil in popular foods.
Oils and fats industry experts from around the world gather in Malaysia to discuss the global palm oil trade
MPOC Chief Executive Officer Datuk Dr. Kalyana Sundram delivered an eye-opening presentation at the 2018 Palm Oil Fair and Seminar (POTS).
Palm oil is a common ingredient in many food products, ranging from better-for-you nutrition and sport bars to crackers and healthy spreads. Palm oil is also used in soaps, lotions and other skincare products.
Palm oil is extremely important to Malaysia’s economy. Each year, Malaysia produces almost 20 million tons of palm oil, valued at approximately 72 billion Malaysian ringgit (HK$133 billion). Traded in 160 different countries, palm oil growth and production provide jobs to more than half a million people in Malaysia. Forty percent of oil palm cultivation in Malaysia is owned by nearly 640,000 small land holders, helping to alleviate poverty.
Educational and promotional efforts, focused on educating users about Malaysian palm oil’s wholesomeness, sustainability and eco-sensitive agricultural practices, are also driving the industry’s growth.