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  • Can you set up a palm oil milling plant in Indonesia?
  • Setting up a palm oil milling plant in Indonesia can be a lucrative venture, considering the country's status as the largest palm oil producer in the world. However, embarking on such a palm oil processing project requires careful planning and a thorough understanding of the costs involved.
  • Does POSCO have a palm oil refining business in Indonesia?
  • The company announced on Jan. 10 that it has recently decided to enter the palm oil refining business in Indonesia. It will invest US$200 million in the project through AGPA, a subsidiary established by POSCO International in Singapore in 2021 to expand the palm oil business.
  • How much does a palm oil processing plant cost in Indonesia?
  • The first critical step in establishing a palm oil processing plant is to obtain suitable land, the cost of which varies according to location, soil quality and accessibility. In general, prime agricultural land suitable for palm oil cultivation may cost between US$2,000 and US$5,000 per hectare in Indonesia.
  • How is palm oil produced in Indonesia?
  • Currently, the dominant palm oil production processes in Indonesia are modern, and these large mills typically employ continuous sterilization, threshing, and pressing processes to extract oil from the palm fruit bunches (As noted earlier).
  • Where is Cargill Building a new palm oil refinery?
  • SINGAPORE—June 3, 2021— Cargill is building a new US$200 million palm oil refinery in Lampung, Indonesia, which will accelerate Cargill’s efforts to develop a sustainable palm supply chain and provide verified deforestation free products to customers.
  • Why is palm oil so popular in Indonesia?
  • Palm oil, an important ingredient in nourishing the world’s population, has experienced strong demand in recent years, with Indonesia as the largest producer and exporter.