Indonesia Eyes EU Oleochemical Industrial Investment
Indonesia will be the first country to develop a low-carbon palm oil derivative product, palm mesocarp olein (PMO). Indonesia is also initiating the production of premium palm oil or healthy edible oil.
JAKARTA, KOMPAS β Indonesia is eyeing the opportunity for European Union oleochemical industrial investment with its high added value. In order to draw the interest of the European Union, Indonesia will initiate the development of a low-carbon palm oil derivative product, which is palm mesocarp olein or PMO.
Acting chief of the Indonesian Palm Oil Council (DMSI), Sahat Sinaga, said on Tuesday (7/2/2023) the DMSI would encourage the development of the oleochemical industry based on investment from the EU. The EU has a vast potential for oleochemical industrial development such as glycerin, surfactant, soap, cosmetics, perfumes and paints.