Overview

Malaysian Palm Oil Board (MPOB) is a government agency established under the jurisdiction of the Ministry of Plantation and Commodities (KPK). MPOB organised the 7th International Palm Oil Congress and Exhibition (PIPOC) in Kuala Lumpur Convection Centre, 7-9 November 2023.

The Prime Minister of Malaysia Yang Amat Berhormat Dato' Seri Anwar Ibrahim and the Deputy Prime Minister of Malaysia Yang Amat Berhormat Dato' Seri Fadillah Yusof officiated the event.

Speeches

Yang Amat Berhormat Dato' Seri Anwar Ibrahim, Prime Minister of Malaysia

The Prime Minister said that the allocation of incentives for oil palm replanting programmes may be increased if companies working in the industry can prove that they will work with smallholders.

The Prime Minister said this was because smallholders account for 28% of the total area used for palm oil production and there is a need for better synergy between the more successful and the lesser-performing stakeholders.

Recognising the smallholders' vital role, YAB Dato' Seri Anwar Ibrahim had announced the incentive for oil palm replanting programmes with an allocation of RM100 million in Budget 2024. He hoped this incentive will enable smallholders to increase productivity by replanting old trees with new breeds, including clonal materials, with high yield potential of fresh fruit bunches.

The Prime Minister would be willing to increase the financial allocation to enhance the synergy between the ones who have better technologies and the smallholders. He pointed out that the MADANI concept upholds equality and such cooperation would make for a more equal field for all stakeholders in the industry to ensure all can reap profits.

The Prime Minister said the palm oil industry was one of the key drivers of the economy. YAB Dato' Seri Anwar Ibrahim said that the palm oil industry provided employment to more than three million people along its supply chain, including around half a million smallholders.

YAB Dato' Seri Anwar Ibrahim said that the palm oil industry stands out as a robust cornerstone in the pursuit of the MADANI Economy, propelling Malaysia towards its aspiration of becoming one of the world's top 30 economies.

YAB Dato' Seri Anwar Ibrahim said that globally, palm oil is the largest produced vegetable oil which accounts for 32% of the 246 million tonnes of global oils and fats in 2022. Global production of palm oil is expected to reach 81.44 million tonnes in 2023, increasing by almost 3%. This can be achieved by using only about 6% of the total land used by oil crops.

The Prime Minister said that palm oil is the most productive oil which yield yields at least four to five times more oil per hectare as compared to other vegetable oils. He further stated that Malaysia takes pride as the world's second largest palm oil producer, accounting for 31% of the 87.39 million tonnes produced globally last year. This accounted for 49% of the world’s palm oil exports.

The Prime Minister said Malaysia managed to achieve this with only about 5.67 million hectares of planted area. This also accounted for less than 2% of the total 312 million hectares of area for oilseed crops production globally.

Yang Amat Berhormat Dato' Seri Fadillah Yusof, Deputy Prime Minister and Minister of Plantation and Commodities, Malaysia

The Deputy Prime Minister said that environmental sustainability must be upheld when using advanced technologies in the palm oil industry. Malaysia must commit to sustainable energy without compromising industry development.

Since the 1980s, Malaysia has been committed to sustainable energy, pioneering the development of palm-based biodiesel technology, contributing to environmental sustainability and energy efficiency.

Malaysia has made significant strides in breeding and biotechnology research, resulting in successfully developing clonal palm series; and its genome programmes aimed at enhancing yields and reducing contamination risks.

The Deputy Prime Minister was proud to say that Malaysia has achieved significant milestones by successfully sequencing the oil palm genome, leading to ground breaking discoveries that enhance the efficiency of breeding practices.

Opening ceremony

The opening ceremony was attended by:

1. Prime Minister of Malaysia, Yang Amat Berhormat Dato' Seri Anwar Ibrahim
2. Deputy Prime Minister of Malaysia cum the Minister of Plantation and Commodities, Yang Amat Berhormat Dato' Seri Fadillah Yusof
3. Minister of Agriculture and Food Security, Yang Berhormat Menteri Datuk Seri Haji Mohamad Bin Sabu
4. Secretary General of Ministry of Plantation and Commodities, Yang Berbahagia Dato' Haji Mad Zaidi Bin Mohd Karli
5. Chairman of Malaysian Palm Oil Board, Yang Berbahagia Datuk Mohamad Helmy Othman Basha
6. Director General of Malaysian Palm Oil Board, Yang Berbahagia Datuk Ahmad Parveez Haji Bin Ghulam Kadir

Conferences

Global Economics and Marketing Conference

Eur. Ing. Hong Wai Onn, Learned Society Committee at IChemE and the Founder of POPSIG presented at the Global Economics & Marketing Conference during PIPOC 2023.

He presented "Economic and Environmental Impact of Using Palm Kernel Expeller for Feed Meal Production" on 9th November 2023, which was chaired by Yang Berbahagia Datuk Mohamad Helmy Othman Basha, Chairman of MPOB.

Showcase

The finest palm oil videos and top 20 infographics of 2023 were presented to the government agencies, industrial professionals, research groups and international communities during PIPOC 2023.

Sources

The Star (2023), New Straits Time (2023).

About MPOB

Malaysian Palm Oil Board (MPOB) is the government agency entrusted to serve the country’s oil palm industry. Its main role is to promote and develop national objectives, policies and priorities for the wellbeing of the Malaysian oil palm industry. It was incorporated by an Act of Parliament (Act 582) and established on 1 May 2000, taking over, through a merger, the functions of the Palm Oil Research Institute of Malaysia (PORIM) and the Palm Oil Registration and Licensing Authority (PORLA). Each of these respective organisations has been involved in the oil palm industry for more than 20 years and it is to render more effective services as well as to give greater national and international focus to the industry that MPOB was instituted.

Visit www.mpob.gov.my for more information.

PIPOC 2025

International Palm Oil Congress and Exhibition (PIPOC) 2025 will be held 18-20 November 2025.

Acknowledgement

POPSIG gratefully appreciates the support provided by MPOB during the 7th MPOB International Palm Oil Congress and Exhibition (PIPOC).

POPSIG management gratefully acknowledges the support provided by Desmet Malaysia Sdn Bhd, Malaysian Palm Oil Council (MPOC), Kuala Lumpur-Kepong Oleomas Sdn Bhd (KLK OLEO), Malaysian Oleochemical Manufacturers Group (MOMG), and Sime Darby Oils (SDO) to our activities.

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