Sime Darby will restore 400 hectares of peatlands
Sime Darby Plantation Berhad (SDP), a Malaysia-based palm oil company, has announced plans to restore 400 hectares of peatlands. The company announced on November 26 that instead of replanting palm trees in peatlands at SDP's Sarawak operation in East Malaysia, it will restore […]
USDA revises down Indonesian palm oil production forecast to 45.8 million tons in 2023/24
The United States Department of Agriculture (USDA) has revised downwards its projections for palm oil production in Indonesia in 2023/24, setting it at 45.8 million tons, due to lower productivity resulting from the El drought. Niño. The USDA Indonesia: Oilseeds and Products Update report indicated that precipitation between June […]
