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Indonesia eyes India for palm oil exports
calendar22-08-2002 | linkNULL | Share This Post:

08/19/2002(Financial Times Information Limited) - Indonesia expects toexport five million tonnes of crude palm oil (CPO) during `02, of which1.4m tonnes to India alone, the largest edible oil importer in the world."Indonesia is expected to produce 8.5 to nine million tonnes of CPO duringthe current year,'' said the Solvent Extractors' Association of Indiapresident Bipin Patel, who led a 19-member delegation to that countryearly this month.Last year, the total area covered under palm plantations in Indonesia was3.5m hectares, however, the total land available for palm cultivation isover 12m hectares.There is no agriculture land ceiling Act and an individual or company canhold as much land as it desires. "Indonesian government encourages 100%foreign investments in palm plantations,'' Patel said.There are hundreds of small islands in Indonesia having palm plantations.Fruit bunch, after cutting from the tree required to be processedimmediately, otherwise the quality of oil deteriorates.The delegation introduced the technology developed by India underTMO&P/CSIR programme and conveyed that India is in a position to supplysmall palm oil mills of 5 to 15 tonnes Fresh Fruit Bunches (FFB) per hourcapacity, which can be installed in the remote islands for quickprocessing of FFB."Indonesians particularly the small planters have shown keen interest forknow-how of palm oil mills,'' he added.Meanwhile, Globoil India -- India's premier international conference andexhibition on vegetable oil, feed and feed ingredients, oilseeds, relatedindustries and services, is taking place in Mumbai on September 22 and 23,`02.