KUALA LUMPUR, Oct 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is strengthening the specialised oleochemical sector as well as the development of palm-based nutraceutical and pharmaceutical products, to reduce reliance on the export of crude palm oil (CPO).
Business : KPK Boosts Specialised Oleochemicals Sector, Palm-based Health Products To Reduce Reliance On CPO Exports
Oleochemical, CPO, DAKN2030, Downstream industry,
Key takeaways
Malaysia's KPK aims to boost specialised oleochemicals and palm-based health products to reduce reliance on CPO exports.
- The ministry focuses on producing premium products for cosmetics and health sectors.
- High-value components like tocotrienols and carotene are used for health products.
- Export value of palm-based products exceeded RM100 billion, with growth targets by 2030.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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