Malaysian palm oil industry has been dependent on upstream industry for many years. Upstream industry relies heavily on export of crude palm oil (CPO) which is subject to price fluctuation globally.
There is almost no value-added element in the upstream industry.
Some of the downstream palm oil industries are bio-lubricants, bio fuels, agro-chemicals. These downstream industries are capital intensive because they require new technologies.
To alleviate the burden on the downstream industries, Malaysian Government has disbursed capital expenditure incentive grant since 2011 to companies that are interested to embark further on palm oil downstream ventures.
Posted by Chai Yong of http://www.powerzone-biodiesel.com
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