|
|
|
| |
|
|
| |
OIL PALM is scientifically known as: Elaeis guineensis |
| |
Commonly known as: African Oil Palm |
| |
It is a tropical plant which commonly grows in warm climates at altitudes of less than 1,600 feet above sea level.
|
| |
It produces one of the most popular edible oils in the world. A versatile oil of superb nutritional value.
|
| |
Its oil is rich in carotene, it could be used in place of cod liver oil for correcting vitamin A deficiency and is cholesterol free.
|
| |
The palm is normally monoic; it has both male and female inflorescence.
|
| |
|
|
| |
| |
| HISTORY OF PALM OIL PRODUCTION |
|
|
| |
| 1900 |
|
oil palm plantations were established in Central Africa and Southeast Asia.
|
| |
|
|
| 1930 |
|
250,000 tons (metric tons) of palm oil were produced for world trade
|
| |
|
|
| 1962-1982 |
|
world exports of palm oil rose from 500,000 to 2.4 million tons per annum
|
| |
|
|
| 1990 |
|
world production was 11 million tons per annum and world trade of 8.5 million tons
|
| |
|
|
| 1961-2000 |
|
palm and palm kernel oils doubled their combined shares from 12 to 27%.
|
| |
|
|
| |
|
The palm oil’s importance within global oil production has grown; it has pulled up the overall share of exports in world vegetable oil output from 1961 – 2000.
|
|
|
|
|
|
| 2006-2007 |
|
world edible oil production to increase to 124.1 million tons (123.1 Mt vegetable oil production and 1.0 Mt of marine oil) |
|
| |
|
-
Philippine import 60% of oil palm requirements
-
More or less, only 29,000 hectares Oil palm planted in the Phils. (excluding the area planted in Bukidnon).
-
45% maturing palms, at 20-30 years of age soon need replacement
-
Target to plant/develop at least 104,000 hectares by year 2010.
-
Only 4,000 hectares per year target expansion by Agumil Philippines, Inc. and 1,000 hectares per year by Filipinas Oil Palm Plantations, Inc.
-
Vast tracts of developed under-productive and non-productive lands are available.
-
Availability of technology on Oil Palm Cultivation.
-
The country has favorable climate for oil palm cultivation.
-
Increase consumption of oil from 8 to10 kilograms per capita per year (UP study).
-
Oil Palm cultivation generates various job opportunities for general workers and professionals.
|
| |
|
