The World’s Leader in the Palm Oil Industry : Indonesia

Authors

  • Agnes C. Sequiño University of San Jose-Recoletos
  • Jessica M. Avenido University of San Jose-Recoletos

DOI:

https://doi.org/10.32871/rmrj1503.01.04

Keywords:

palm oil, crude palm oil, environmental scanning

Abstract

Indonesia, being the world leader in the production of crude palm oil, has been successful in serving the domestic and world market with palm products and palm derivatives. The industry contributes US$17.6 billion through exports in 2012. At present, the demand for crude palm oil has soared high due to the increasing awareness of the varied uses of palm oil. The challenge to countries cultivating oil palm is how to cope with the local and global demand .The focus now is to increase plantation areas to produce a higher volume of crude oil to serve the needs of the world market. Today, the total land area planted to oil palm in Indonesia has reached 9.7 million hectares. This study used data mining and Delphi technique. Data were sourced from public domain websites and several databases. This study determined the gap between production and utilization and to provide information to existing industry players ,policy makers, future investors, and would-be entrants to the industry on the latest trends noting the fast development of the industry not only in Indonesia but also in other Southeast Asian countries. Although Indonesia has been successful in providing the local and international market with palm oil products and palm derivatives, it has to benchmark with other palm producing countries to avoid industry stagnation and to intensify diversification particularly in the development of new edible products to take advantage of the health benefits derived from the use of palm oil.

Author Biographies

Agnes C. Sequiño, University of San Jose-Recoletos

is an Industrial Technologist, has eleven years of experience in the industry prior to her twenty year stint in the academe. She earned her Master in Management degree from the University of San a Jose Recoletos and her PhD in Research and Evaluation degree from the Cebu Normal University. Her exposure to the volunteer work with the Maryknoll Missionaries in the past opened her horizons to be a volunteer adviser to the Business Advisory Program of the Philippine Business for Social Progress while working as a professor and faculty researcher of the Dept. of Business and Management of the University of San Jose Recoletos. She has coached entrepreneurs in the BidNetwork of Netherlands and has been a recipient of various awards in research. She has published research papers related to the IT – BPO Industry and was one of the invited speakers to the First World Congress for IT Outsourcing held at Nikko Hotel, Dalian City, China in August 28-30 2012.
Her competencies are in the field of business research, marketing and management.She has been awarded a scholarship grant by the Tallberg Foundation to be the country representative to the 5th Global Entrepreneurship Summit in Leksand, Sweden in 2010 and was invited as panelist representing the Philippines to the 19th Annual International Conference of the Association of Employment Practices and Principles (AEPP) held at the East West Center in the University of Hawaii at Manoa in October 2011. She presented and published her latest study on the Palm Oil Industry in Southeast Asia: Challenges and Opportunities in the Journal of Strategic and International Studies in Key West, Florida, U. S. A. in May 2013. Being the Director of the Center for Policy , Research and Development Studies of the University of San Jose – Recoletos, she has recently presented her environmental scanning study on the Palm Oil Biomass Industry in Malaysia at the International Conference for Academic Disciplines at the American University of Rome, Italy in October 2014.

Jessica M. Avenido, University of San Jose-Recoletos

finished her M.A. in Religious Education at Mother of Life Center, Quezon City, Philippines. Her catechetical training paved the way for her 5-year stint as staff member of the Campus Ministry. Eventually, she engaged herself in full time catechetical instruction in the tertiary level. Among her field of interests are education, religion, curriculum development and values education. Currently, she is an assistant professor in the Center for Religious Education of the University of San Jose-Recoletos, Cebu City, Philippines and handles the formation program of a core group of the children of the Overseas Filipino Workers (OFW).

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Published

2015-06-30

How to Cite

Sequiño, A. C., & Avenido, J. M. (2015). The World’s Leader in the Palm Oil Industry : Indonesia. Recoletos Multidisciplinary Research Journal, 3(1). https://doi.org/10.32871/rmrj1503.01.04

Issue

Vol. 3 No. 1 (2015)

Section

Articles

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Copyright of the Journal belongs to the University of San Jose-Recoletos

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