The Ayodya Resort Bali
"Sustainable Oil Palm Plantations with Improved Agronomy Practices"
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Sinar Mas reported earlier in March this year, that the company is setting aside $500 million to increase its cultivated plantation area and and $1 billion through 2015 in downstream production, while Wilmar, will spend $900 million over the next three years.
Ever since the Indonesian government revised their export tax to stimulate their downstream industry, many companies have announced plans to increase its refining capacity.As a result, palm oil refineries in Malaysia and India, who are not fully integrated has been badly hit by Indonesia's new tax structure. Nevertheless, the big players like Sime Darby and IOI are scrambling to set up processors in Indonesia to tap higher margins.
How are Malaysian refineries responding to this challenge ?
As with other commodities, it is recognised that the highest value is not in plantations but in the value added downstream products - palm oil cooking oil, oleochemicals to make soap and detergents as well as feedstock for biodiesel
Will the upsurge in downstream products lead to more adoption of more sustainable practices by Indonesia ? Is there still land for expansion in this region ?
In March 2012, Jakarta Post reported that the Republic of Indonesia becomes world's biggest sustainable palm oil producer
How about opportunities in Africa and Myanmar ? What is the development potential of palm oil in these countries ?
Will Thailand be the next frontier in palm oil production ? Can India compete with the giants? What are latest developments in high yielding planting materials taken by the big palm oil producers like Univanich and Godrej Agrovet ?
CMT's 4th Palm Oil Summit brings together a multiple panel of authoritative speakers that will share issues and challenges from upstream plantations to opportunities in downstream value-added capture.
| Key Highlights
Don't delay now.
Who you will network with
Palm oil producers - from CEOs , MDs to Plantation Advisors,
Agronomists, Scientific Officers, R & D Dept Heads to Sustainability Directors,
Millers, Palm Oil Traders,
Independent Agronomy Advisors, Plantation Consultants,
IT Solution Providers, Milling Technology, Equipment Suppliers,
Fertiliser Companies, Palm Oil Research Institutes,
Agriculture Depts, Researchers,
Crop Science and Agri Biotech Cos |
PROFILE OF PAST YEAR ATTENDEES |
Here's what delegates said about our 3rd Palm Oil Summit held in Bali on 18 & 19 July 2011 |
"Pack with knowledge, informative and passionate speakers"
"An excellent platform for planters, researchers and senior plantation management to exchange and share experiences"
"Overall the conference was very informative and opportunity to meet people with similar interest"
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