Palm Fatty Acid Distillate (PFAD) Market Size, Share, By Type (Refined, Crude, Oleic Acid Rich, Stearic Acid Rich, Palmitic Acid Rich, and Others), By Application (Animal Feed, Soap Manufacturing, Biodiesel Production, Lubricants, Food Additives, and Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI562324 | Publish Date: September 2024 | No. of Pages: 175

Palm Fatty Acid Distillate Pfad Market Companies

  • Wilmar International Limited
  • Cargill, Inc.
  • Bunge Limited
  • Sime Darby Plantation Berhad
  • Olam International Limited
  • Golden Agri-Resources Ltd.
  • IOI Corporation Berhad
  • Musim Mas Holdings
  • Palm oil Refinery (M) Sdn Bhd
  • Kuala Lumpur Kepong Berhad (KLK)
  • Apical Group Ltd.
  • Sime Darby Oils
  • AustAsia Group
  • PT Astra Agro Lestari Tbk
  • PT Perusahaan Industri Ceres Tbk

 

Recent News:

  • Wilmar International Limited declared in July 2024 that it would increase the amount of PFAD it could produce in Indonesia. The expansion intends to address the rising demand for sustainable biodiesel feedstocks and boost production efficiency. This action is a component of Wilmar's larger plan to improve its capacity for processing palm oil and further its sustainability objectives.
  • Cargill, Inc. introduced a new line of biolubricants based on PFAD in Europe in June 2024. Compared to conventional petroleum-based lubricants, the former are intended to provide better performance and less environmental impact. This program is a component of Cargill's endeavors to broaden its line of environmentally friendly products and encourage the transition to sustainable industrial solutions.
  • Olam International Limited completed the purchase of a Malaysian palm oil refinery facility in August 2024. The acquisition improved Olam's capacity to create and supply PFAD and other derivatives of palm oil. By taking this calculated risk, Olam hopes to solidify its place in the Southeast Asian market and demonstrate its dedication to sustainable palm oil production methods.