“The challenges in Papua are different from other places. Here we face very complex social problems. There are many unclear territorial boundaries between family members and tribes, so we have to fulfill many requirements to expand palm oil commodity,” ANJ Palm Oil CEO Geetha Govindan said.
“We are not begging you, because our country is bigger than yours. We will be the world’s fourth largest economy by 2045-2050,” said Luhut Binsar Pandjaitan to European Union.
“We have done our best. Do not let the palm oil industry continue to be a scapegoat,” said Mohtar, a palm oil farmer from Sekadau regency, West Kalimantan.
Although palm oil is the country’s largest earner, the small farmers still receive low wages, arbitrary and bad treatment, and in many cases, especially for hired day laborers, no contracts.
Esselink explained that the EU is currently experiencing confusion and dilemma related to palm oil consumption. “The EU is also aware that palm oil is important, but they have to do something for they are questioned by many parties,” he said.
Fadhil Hasan said EU’s palm oil import ban will not cause fluctuation in palm oil prices because the amount of EU palm oil consumption is relatively small compared to the total world demand for palm oil.
Jakarta–The year-on-year profit of PT Sawit Sumbermas Sarana Tbk (SSMS) rose 33.7%, reaching Rp787.1 billion in 2017. It was mostly driven by the increase in sales by 19%.
“Currently, Indonesia is not only the largest palm oil producer but also the largest palm oil consumer, so we are actually the one determining the market. This is our chance to promote ISPO,” Mahendra told The Palm Scribe
UK supermarket Iceland is to stop palm oil consumption by the end of this year. The decision draws criticism as the move is not considered as a long-term solution to reduce deforestation or protect the environment.
Biodiesel is expected to become a locomotive primary fuel and estimated for consumption around 20,000 kiloliters.