GLOBAL OUTLOOK FOR OLEOCHEMICALS
63
VIEWS
by Mohd Izham Hassan
Malaysia and Indonesia are the two biggest palm oil producers in the world accounting for almost 90% of global production of palm oil. Palm oil products include palm oil, palm kernel oil, palm kernel cake and oleochemicals. The major market for oleochemicals are the USA, Europe, Japan, China and Korea. The main oleochemical produced and exported are fatty acids, fatty alcohols, methyl esters, glycerine and soap noodles. However, one sector which has great potential is the value added specialty oleochemical sector which are highly priced and profitable. This presentation will give an outlook on the palm oleochemical sector and its potential in the growing non-food sector.

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