MARKET DEVELOPMENT
Palm Oil Sector in Spotlight With PIPOC 2011
Palm Oil Sector in Spotlight With PIPOC 2011
15/11/2011 (The Star) - OVER the years, the number of palm oil conferences held annually worldwide have more than doubled.
Palm oil conferences, which used to be held at the producing countries, have spread widely to major consuming nations and even in the emerging countries where there is potential to plant oil palm.
India, the United States, Europe, South Africa and Thailand have steadily emerged as the new venues for palm oil conferences in the past five years.
Having said that, many industry players can still vouch that Malaysia and Indonesia, the world's largest CPO producers, are still the world's top two venues where global palm oil industry leaders, global experts and policy makers prefer to congregate on all matters pertaining to the versatile commodity, which can be used both in food and non-food segments.
The rampant anti-palm oil campaigns by some Western green activists and NGOs have also indirectly made many players in the entire palm oil value chain to work hard at proving the sceptics wrong to ensure that the world recognises palm oil as sustainable, hence the need for more exchanges of informations, data and scientific findings via seminars and conferences.
Malaysia, for example, is undisputedly the “seasoned” expert at hosting great palm oil conferences as claimed by many industry observers.
Today, Kuala Lumpur will see the kick-start of the three-day world famous International Palm Oil Conference, or PIPOC 2011, hosted by the Malaysian Palm Oil Board (MPOB).
Often dubbed as the world's largest palm oil conference, MPOB expects PIPOC to attract over 2,000 delegates from about 40 countries this year.
Why PIPOC is so successful over the years definitely lies in the meticulous planning by MPOB as the main organiser, which has been lining up renowned palm oil gurus like Godrej International Ltd director Dorab Mistry, LMC International chairman Dr James Fry and Malaysian Palm Oil Council CEO Tan Sri Yusof Basiron, which has made them a household names in palm oil conferences worldwide.
For PIPOC 2011, which is entitled Palm Oil - Fortifying and Energising the World, MPOB has positioned the event as a strategic platform for interaction and in-depth deliberations on the current issues and developments, market trends, innovations, opportunities and challenges in the palm oil business.
The beauty of PIPOC 2011 is that it is aimed at catering to the many interests of the delegates.
There will be five conferences to be held concurrently; Global Economic and Marketing Conference, Agriculture, Biotechnology & Sustainability Conference, Chemistry, Processing Technology & Bio-Energy Conference, Oleo & Speciality Chemicals and Foods Conference and Lifestyle & Health Conference.
Apart from the conferences, there are more than 200 booths from both local and international exhibitors at PIPOC 2011.
Prior to the conference, technical tours were also conducted to the MPOB Research Station in Kluang, Sime Darby Jomalina Food Industries Sdn Bhd refinery in Kuala Langat, Sime Darby biodiese plant at Carey Island, Klang, Palm Oleo Sdn Bhd oleochemical plant in Rawang and the “sold out” tour to Felda Besout Complex in Perak.
Suffice to say PIPOC 2011 is happening at an opportune time. The Government is focusing on the palm oil industry as a strategic and important sector towards transforming the country into a high income economy.
Under the Economic Transformation Programme, the palm oil industry is targeted to achieve a gross national income of RM178bil in 2020.
Palm oil conferences, which used to be held at the producing countries, have spread widely to major consuming nations and even in the emerging countries where there is potential to plant oil palm.
India, the United States, Europe, South Africa and Thailand have steadily emerged as the new venues for palm oil conferences in the past five years.
Having said that, many industry players can still vouch that Malaysia and Indonesia, the world's largest CPO producers, are still the world's top two venues where global palm oil industry leaders, global experts and policy makers prefer to congregate on all matters pertaining to the versatile commodity, which can be used both in food and non-food segments.
The rampant anti-palm oil campaigns by some Western green activists and NGOs have also indirectly made many players in the entire palm oil value chain to work hard at proving the sceptics wrong to ensure that the world recognises palm oil as sustainable, hence the need for more exchanges of informations, data and scientific findings via seminars and conferences.
Malaysia, for example, is undisputedly the “seasoned” expert at hosting great palm oil conferences as claimed by many industry observers.
Today, Kuala Lumpur will see the kick-start of the three-day world famous International Palm Oil Conference, or PIPOC 2011, hosted by the Malaysian Palm Oil Board (MPOB).
Often dubbed as the world's largest palm oil conference, MPOB expects PIPOC to attract over 2,000 delegates from about 40 countries this year.
Why PIPOC is so successful over the years definitely lies in the meticulous planning by MPOB as the main organiser, which has been lining up renowned palm oil gurus like Godrej International Ltd director Dorab Mistry, LMC International chairman Dr James Fry and Malaysian Palm Oil Council CEO Tan Sri Yusof Basiron, which has made them a household names in palm oil conferences worldwide.
For PIPOC 2011, which is entitled Palm Oil - Fortifying and Energising the World, MPOB has positioned the event as a strategic platform for interaction and in-depth deliberations on the current issues and developments, market trends, innovations, opportunities and challenges in the palm oil business.
The beauty of PIPOC 2011 is that it is aimed at catering to the many interests of the delegates.
There will be five conferences to be held concurrently; Global Economic and Marketing Conference, Agriculture, Biotechnology & Sustainability Conference, Chemistry, Processing Technology & Bio-Energy Conference, Oleo & Speciality Chemicals and Foods Conference and Lifestyle & Health Conference.
Apart from the conferences, there are more than 200 booths from both local and international exhibitors at PIPOC 2011.
Prior to the conference, technical tours were also conducted to the MPOB Research Station in Kluang, Sime Darby Jomalina Food Industries Sdn Bhd refinery in Kuala Langat, Sime Darby biodiese plant at Carey Island, Klang, Palm Oleo Sdn Bhd oleochemical plant in Rawang and the “sold out” tour to Felda Besout Complex in Perak.
Suffice to say PIPOC 2011 is happening at an opportune time. The Government is focusing on the palm oil industry as a strategic and important sector towards transforming the country into a high income economy.
Under the Economic Transformation Programme, the palm oil industry is targeted to achieve a gross national income of RM178bil in 2020.