Palm oil industry can get extra RM20bil yield through circular economy, says Ahmad Shabery


PUTRAJAYA: Embracing the circular economy model can yield extra returns of some RM20bil for the palm oil industry, says the Federal Land Development Authority (Felda).

Its chairman, Datuk Seri Ahmad Shabery Cheek, said the revenue could be generated by leveraging the circular economy approach to harness oil palm by-products and biomass and convert them into value-added products.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

'STORM' team deployed as search for missing man focuses on Gua Tepadung interior
Kulai businessman lost more than RM470,000 to loan scam
Police record Azam Baki’s statement in Albert Tei threat probe
Ex-waitress from China pleads not guilty to murdering compatriot
PLUS expects nearly 2.2 million vehicles daily from June 4-7
Kluang crash a grim reminder of street racing's dire consequences, says NGO
Aminuddin cancels weekly post-exco media conference, fuels state legislative assembly dissolution rumours
US proposes tariffs on goods from Malaysia, 59 other economies over forced labour failures
Woman pleads guilty to causing newborn baby twin’s death
Remand extended for teen driver in fatal Kluang crash

Others Also Read