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3. PALM OIL PROCESSING 3. 1 General processing description. Research and development work in many disciplines - biochemistry, chemical and mechanical engineering - and the establishment of plantations, which provided the opportunity for large-scale fully mechanised processing, resulted in the evolution of a sequence of processing steps designed to extract, from a harvested oil palm bunch, a
As of year end 2015, 62 million metric tons of palm oil were produced with a production value of $65.7 billion. Over the last two decades, palm oil production has grown tenfold (at a YoY CAGR of 7.5%), with estimates that production will reach $93 billion by value or > 70 billion tons by volume by 2021. Historical Drivers of Palm Oil Growth
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