Palm Downstream Tribune Vol. 1 No. 1

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K E L L Y Y E W

Editor-In-Cheif

Next Chapter Media

Degree in Bioscience with Chemistry TARUMT Research Project Treating BSR Disease in Palm Oil Intern Project Study of Bioformulations and Biostimulants, Genting Plantation Berhad

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Next Chapter Media

If you have an insightful story or press release pertaining to the palm oil industry, we invite you to email our news editor at kelly@maps-globe.com. To send a personal message to the editor, simply include the keyword 'kelly' in the subject line. Additionally, for inquiries regarding potential media partnerships, please use the same email address with 'partnership' in the subject line. Let’s contribute to the progress of the palm oil sector and stay connected!

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DISCLAIMER: Next Chapter Media’s editorial team has taken utmost care to issue errorfree knowledge in the public domain, readers are advised to independently verify the claims made in the magazine. Next Chapter Media is not equipped to verify the claims made in the magazine and readers’ discretion is therefore recommeded.

1 LATEST NEWS WORLDWIDE

Specialised for palm downstream-related sector

2-3 OLEOCHEMICALS

2-MCPDE, 3-MCPDE and GE in fatty acid and glycerin

Published Quaterly by: Next Chapter Media

4-5

PALM’S SKIN CARE

Female consumers’ perception of skin care products in Malaysia

7-8 USED COOKING OIL

Food operators’ willingness to accept collection of used cooking oil

9 PARTNERSHIP CONTENT

16th National Seminar: Opportunities & Strategies to Improve The Profitability of The Oil Palm Business

10-11 SPONSORED CONTENT

Muar Ban Lee Group Berhad

For the latest releases, visit us at: LinkedIn-Next Chapter Media Web-www potribune com

12-13 REVIEW

Malaysian palm oil industry performance in 2023

14-15 KEYS TAKE AWAY

Acceptance of certified sustainable palm oil in major palm oil consuming countries

16-19 MARKET PROSPECT

Palm Oil Price Outlook

20-21 EVENT LIST

2024 Event list in Palm Oil Industry

22 MALAYSIAN PALM PLANTATION RELATED MINISTRY, AGENCY & ASSOCIATION

Ministry, Agency & Association

Published Quaterly by: Next Chapter Media

Musim Nikko Chemicals Joins Global Initiative for Transparent Palm Oil Supply Chains

-Cosmetics Business

Tokyo-based Nikko Chemicals becomes the first Japanese company to join 'Action for Sustainable Derivatives,' signaling a pivotal move in reshaping the cosmetics industry's approach to palm oil derivatives.

Johor Plantations Inks Deal with Fuji Oil Asia to Develop Specialty Oils and Fats Refinery

-TheEdgeMalaysia

Johor Plantations Group Bhd has inked a venture agreement with Fuji Oil Asia Pte Ltd, a subsidiary of Japan's Fuji Oil Group, to develop a specialty oils and fats refinery operating on renewable energy.

-Reuters

Malaysian palm oil futures rose, buoyed by robust demand from key buyer China and firmer crude oil prices, although mixed demand from top importer India capped the gains

Oil Refineries to Roll Out Euro5 Diesel

-Bangkok Post

Local oil refineries expect to successfully market their new environmentally friendly diesel that meets the Euro5 environmental emission standard, which took effect on Jan 1, says the Federation of Thai Industries (FTI).

Golden Agri-Resources and Verborg Group

Forge Strategic Partnership for Tropical Oils Supply

-PR Newswire

Golden Agri-Resources (GAR), a leading global agribusiness and palm oil producer, is pleased to announce a strategic partnership with Verborg Group, a new entrant in the vegetable oil market. The collaboration entails a multi-year contract, where GAR will be the exclusive supplier of over a million tonnes of tropical oils to Verborg Group

Processing SA Oil Refinery Nears Completion

-Southern’s Africa Freight News

Plans are under way to ensure land is acquired to involve local communities in the production of raw materials for the R1 5-billion Wilmar Processing SA palm oil refinery plant in the Richards Bay Industrial Development Zone (IDZ).

Wilmar

VEGOILS-Palm Gains on Robust China Demand, Higher Crude Oil Prices

OLEOCHEMICALS

2- and 3-monochloropropanediol esters (2-MCPDE, 3-MCPDE) and glycidyl ester (GE) are process contaminants that can form in vegetable oils during the refining process. Fatty acids and glycerine produced from the oil splitting process may contain contaminants that may have formed during the production and purification processes.

The latest regulation has been adopted by European Commission on the maximum levels of 3-MCPDE and GE for vegetable oils. However, there are no regulatory requirements for oleochemical products. The information on 2-MCPDE, 3-MCPDE and GE contents is of interest for some of the transactions in the oleochemical industry. The information is beneficial when disputes arise between manufacturers and buyers.

AOCS Cd 29a-13 Was Successfully Modified and Validated For Analysis of Fatty Acids and Glycerine

The determination of 2-MCPDE, 3-MCPDE and GE is essential for mapping and monitoring their occurrence to further plan for developing cost-effective mitigation strategies for addressing the issue. The methods for the determination of 2MCPDE, 3-MCPDE and GE in fatty acids and glycerine were established through modification of AOCS Official Method Cd 29a-13 for edible oils and fats.

Refined oleochemical.

2-MCPDE, 3-MCPDE and GE Are Not Detected in Fatty Acids and Refined Glycerines From Commercial Plants

The analyses conducted on various fatty acids and refined glycerine from commercial plants show that 2-MCPDE, 3-MCPDE and GE were not detected. The methods are suitable for routine monitoring of 2-MCPDE, 3-MCPDE, and GE in fatty acids and glycerine produced by the oleochemical industry.

The negligible 2-MCPDE, 3-MCPDE and GE in fatty acids and refined glycerine imply no additional mitigation plan is needed, thus sustaining the cost-effective oleochemical processes.

-Nur Aainaa Syahirah Ramli, Nur Azmina Roslan Fadzlina Abdullah, Razmah Ghazali and Bahriah Bilal (MPOB Research)

Commercial oleochemical plant.

Models of potent chemicals contaminants

PALM’S SKIN CARE

The cosmetics and personal care industry promotes the demand in value-added sectors, such as skin care, using palm-derived oleochemicals. These plant-based compounds are mild in nature, environmental friendliness, and widespread acceptance across religious beliefs.

A study examining female consumer preferences in Malaysia found that they have minimal knowledge about palm-based skin care products and their health benefits. The study also found that female customers' preference for skin care products in Malaysia is significantly influenced by the product's durability, ingredients, formulation, and efficacy.

Palm-based skin care products are expected to attract consumers due to their numerous health and wellness benefits. Thus, consumers' preferences such as attributes, ingredients, and certifications are needed to be understood and fulfilled.

Various types of skin care products

PALM’S SKIN CARE

It Was Concluded That:

General knowledge of skin care product fucntion is high among users. Knowledge and awareness of palm-based skin care products and their health benefits are low among consumers.

After receiving information about the benefits of palm-bsed skin care products and MPOB’s research, most respondents were interested in purchasing a skincare product with MPOB formulation lables on the packaging.

-Norhidayu Abdullah, Kamalrudin Mohamed Salleh, Kalsom Zakaria, Zafarizal Aldrin Azizul Hasan and Chua Siaw Kim (MPOB Research)

Palm deriviatives in cosmestic products. Source: Malaysiakini

Palm oil in cosmetics. Source: Peaches and Blush

Population growth and evolving lifestyles have led to an increased demand for convenient, ready-to-eat meals. According to the Department of Statistics Malaysia, household spending for restaurants and hotels increased by 2.4 percent to 16.1 percent in 2022 from 13.7 percent in 2019.

This is in line with the increase in spending on eating out, which increased to 15.3% from 11.2 percent.

The increase in eating out indirectly encourages food operators to expand to meet the demand and the used cooking oil (UCO) generated by the food operators also increases. Therefore, evaluation was carried out to study the willingness to accept (WTA) towards used cooking oil collection among food operators in Malaysia.

The price of UCO have positive relationship with the willingness to accept compensation from selling UCO. An increase in the price of UCO will lead to on increase in the willingness of the food operators to sell UCO.

Would you accept used cooking oil? Source: Entrepreneur

The Market Research Showed That:

for door-to-door mode collection.

The binary logistic regression analysis reveals a significant influence of price, distance, and mode of collection on the willingness of food operators to accept the sale of Used Cooking Oil (UCO).

The price of UCO shows a positive relationship with the willingness to accept (WTA) for selling UCO: For every ringgit increase in price will lead to increase WTA by 64.9% for selling UCO.

Negative relationship between distance and WTA for selling UCO, for every kilometer increase in distance, will lead to reduce by 6.9% WTA for selling UCO.

From the UCO attributes considered in the study, food operators express a higher willingness to accept

-Kalsom Zakaria, Azman Ismail, Kamalrudin Mohamed Salleh, Norhidayu Abdullah, Nur Ain Mohd Hassan, Rosearnida Senawi, Nur Nadia Kamil and Siti Mashani Ahmad (MPOB Research)

Used cooking oil.

PRODUCTIVITY AND COMPETITIVENESS

ENVIRONMENTAL,

MILLING AND PROCESSING

Malaysian Average Local Prcies of Oil Palm Products (RM/TONNE) 2023. Source: MPOB

Average Prices of Selected Oils & Fats (North-West Europe Market - US$/TONNE) 2023 Source: MPOB

MALAYSIAN PALM DOWNSTREAM RELATED MINISTRY, AGENCY & ASSOCIATION

Ministry & Agencies

Ministry of Plantation Industries and Commodities (KPK)

Jalan P2p, Presint 2, 62000 Putrajaya, Wilayah Persekutuan Putrajaya.

Phone : +6 03 8000 8000

Fax : +6 03 8880 3482

Email : portalmaster@kpk.gov.my www.kpk.gov.my

Malaysian Palm Oil Board (MPOB)

6, Persiaran Institusi, Bandar Baru Bangi, 43000 Kajang Selangor.

Phone : +6 03 8769 4400

Email : general@mpob.gov.my www.mpob.gov.my

Malaysian Palm Oil Council (MPOC)

Level 25, PJX HM Shah Tower, No. 16A Jalan Persiaran Barat PJS 52, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia.

Phone : +6 03 7806 4097

Fax : +6 03 7806 2272

Email : wbmaster@mpoc.org.my www.mpoc.org.my

Malaysian Palm Oil Certification Council (MPOCC)

Level 2, Tower 2B, UOA Business Park, Unit 2-1, No 1, Jalan Pengaturcara U1/51, Seksyen U1, 40150 Shah Alam, Selangor.

Phone : +6 03 2181 0192

Email : info@mpocc.org.my www.mpocc.org.my

Malaysian Palm Oil Green Conservation Foundation (MPOGCF)

Level 12-3-3A PJX HM Shah Tower,16A, Persiaran Barat, Pjs 52, 46200 Petaling Jaya, Selangor.

Phone : +6 03 7931 5544 / 5445 www.mpogcf.org

Associations

Malaysian Palm Oil Association (MPOA)

Tower 3, Level 8, Unit 03-08-09&10, UOA Business Park, No, 1, Jalan Pengaturcara U1/51, 40150 Shah Alam, Selangor.

Phone: +6 03 5021 0730

Email: admin@mpoa.org.my www.mpoa.org.my

Malayan Agricultural Producers Association (MAPA)

Unit K03-08-08, Tower 3, UOA Business Park, 1, Jalan

Pengaturcara U1/51, 40150 Shah Alam, Selangor

Phone : +6 03 5031 3995

Email : mapahq@mapa.net.my

www.mapa.net.my

Malaysian Oleochemical Manufacturers Group (MOMG)

Wisma FMM, No. 3 Persiaran Dagang, PJU 9, Bandar

Sri Damansara, 52200 Kuala Lumpur, Malaysia

Phone : +6 03 6286 7200

Fax: +6 03 6274 1266 / 7288

Email : secretariat@momg.org.my

www.momg.org.my

Malaysian Edible Oil Manufacturers’ Association (MEOMA)

134-1 Jalan Tun Sambanthan

50470 Kuala Lumpur, Malaysia

Phone : +6 03 2274 7420

Email : secretariat@meoma.org.my

www.meoma.org.my

Malaysia Biodiesel Association (MBA)

Wisma FMM, No. 3 Persiaran Dagang, PJU 9, Bandar

Sri Damansara, 52200 Kuala Lumpur, Malaysia

Tel : +6 03 6286 7200

Fax : +6 03 6277 6714

Email : secretariat@mybiodiesel.org.my

www.mybiodiesel.org.my

Palm Oil Refiners Association of Malaysia (PORAM)

801C & 802A, Block B, Executive Suites Kelana

Business Centre, No. 97 Jalan SS7/2, Kelana Jaya

40731 Petaling Jaya, Selangor, Malaysia

Phone : +6 03 7492 0006

Fax : +6 03 7492 0128

Email: info@poram.org.my

www.poram.org.my