INDONESIA STRIKES OUT ON ITS OWN REGARDING PALM OIL SUSTAINABILITY STANDARDS
October 1st, 2010
BY MARK ROWE
WHEN it comes to palm oil production, there are - despite growing production in South America and west Africa - only two major players on the global stage - Malaysia and Indonesia. Cultivation in south-east Asia accounts for around 80% of the world's global supply - which in turn reached a record high of 45.9 million tonnes in 2009-2010.
Indonesia is currently the world's largest palm oil producer with output reaching 20.3 million tonnes last year. By 2020, Indonesia predicts that it alone will produce 40 million tonnes of crude palm oil, on 10 ...
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