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The benefits and perspectives of the palm oil industry in Malaysia

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Abstract

Palm oil plantations have rapidly developed over the past five decades in nations with tropical climates due to high demand for the product. Malaysia’s position as the world’s second largest producer and exporter of palm oil after Indonesia attests to the economic importance of palm oil to the country. This article aims to provide a comprehensive review of the Malaysian palm oil industry, highlighting its potential applications in various fields of study. The concluding section identifies inadequacies in the industry that could be addressed through the adoption and integration of Fourth Industrial Revolution technologies such as big data analysis and Artificial Intelligence, which would promote a more sustainable palm oil industry.

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Data sharing not applicable to this article as no datasets were generated or analyzed during the current study.

Abbreviations

COP27:

27th conference of parties

AMOS:

Analysis of moment structures

AI:

Artificial intelligence

BOD:

Biological oxygen demand

CNCs:

Cellulose nanocrystals

CSPO:

Certified sustainable palm oil

COD:

Chemical oxygen demand

CE:

Circular economy

CHP:

Combined heat and power

CPO:

Crude palm oil

EFB:

Empty fruit bunch

EU:

European union’s

FELDA:

Federal land development authority

FFE:

Fossil fuel equivalent

FFB:

Fresh fruit bunches

GHG:

Greenhouse gas

HPIs:

Headline performance indicators

ISPO:

Indonesia sustainable palm oil

IR 4.0:

Industrial revolution 4.0

IPM:

Integrated pest management

IoT:

Internet of Things

KTOE:

Kilotons of oil equivalent

LCA:

Life cycle assessment

MSPO:

Malaysia sustainable palm oil

MF:

Mesocarp fiber

MTOE:

Million ton of oil equivalents

MOE:

Modulus of elasticity

NSMD:

Non-state market driven

OPS:

Oil palm shell

PK:

Palm kernel

PKS:

Palm kernel shell

POC:

Palm oil clinker

POCA:

Palm oil clinker aggregate

POCP:

Palm oil clinker powder

POME:

Palm oil mill effluent

PACE:

Per capita annual consumption expenditure

PMs:

Performance measures

ROA:

Return on asset ratio

RSPO:

Round table on Sustainable Palm Oil

References

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Acknowledgements

The authors wish to extend their appreciation to the distinguished final year students from the department of civil engineering, UNITEN, who had contributed to this paper by retrieving and gathering published articles and summarizing them. Their diligent efforts and unwavering commitment were essential in facilitating the compilation of the required review and presenting it with a remarkable level of clarity and concision.

Funding

This research did not receive any specific grant from funding agencies in the public, commercial, or not-for-profit sectors.

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Authors and Affiliations

Authors

Contributions

VL was involved in conceptualization, methodology, investigation, writing—original draft, writing—review, and editing. NYbMY contributed to conceptualization, methodology, investigation, writing—original draft, and writing—review and editing. ANA was involved in writing—review and editing. YFH contributed to writing—review and editing. KBBW was involved in visualization and writing—review and editing. AES contributed to supervision and writing—review and editing.

Corresponding author

Correspondence to Kenneth Beng Wee Boo.

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Lai, V., Yusoff, N.Y.M., Ahmed, A.N. et al. The benefits and perspectives of the palm oil industry in Malaysia. Environ Dev Sustain (2024). https://doi.org/10.1007/s10668-024-04593-7

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