KUALA LUMPUR: As long as there are buyers, some oil palm smallholders remain unperturbed over the disturbing trend of discrimination in Europe, with palm oil’s use in biofuel to be phased out in the years ahead. ” So, I’m not surprised by this new trend,” Niam, who has been involved for almost 20 years in the oil palm sector, told Bernama. “I don’t know whether the EU ban on palm oil will impact on me or not. The government has agreed to allocate RM130 million as an incentive for oil palm smallholders to enable them to obtain the Malaysia Sustainable Palm Oil (MSPO) certification for free. The ministry has also set a target of ensuring that about 500,000-ha of oil palm plantations are MSPO-certified by year-end.

Source: New Strait Times February 12, 2018 05:26 UTC