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.