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Palm oil must seek new demand ahead of EU curbs, says Sime


KUALA LUMPUR: Palm oil industry needs to find new sources of demand to offset potential losses from the European Union’s move to ban palm-based biodiesel, according to Mohd Haris Mohd Arshad, Chief Operating Officer for downstream business at Sime Darby Plantation.

More than 60% of palm imports to EU is used for non-food and biodiesel, Mohd Haris says at conference in Putrajaya.

Plantations

   

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