cost of investment in palm oil refinery equatorial in pakistan

   
cost of investment in palm oil refinery equatorial in pakistan
                                               
                                               
                                               
                                               
  • cost of investment in palm oil refinery equatorial in pakistan
  • Will palm oil continue to dominate Pakistan’s oils and fats imports?
  • Palm oil imports constituted more than 95% of the edible oils imported into Pakistan from 2010 to 2013, as shown in Table 1. As such, it is forecasted that palm oil will continue to dominate Pakistan¡¯s oils and fats imports in the future mainly due to its cost advantages. Kehkashan Clifton, Pakistan.
  • Why is the import value of palm oil increasing in Pakistan?
  • Despite these agreements, Pakistan faces high export duties on crude palm oil and increasing prices of refined palm oil. Because of these concerns the import value of palm oil is increasing at 2 percent faster rate than the quantity imported annually.
  • What is the palm oil refining industry in Pakistan?
  • In 2006, the palm oil refining industry in Pakistan started Malaysian-Pakistan joint venture company i.e. Mapak Edible Oils in Port Qasim. Since then the industry has grown and Pakistan at this moment has more than 15 palm oil refineries with a total production capacity of more than 5,250 tons/day.
  • Should Pakistan replace refined palm oil with crude oil?
  • Pakistan can save a tremendous amount of import bills if it replaces refined palm oil with crude oil as Pakistan is currently capable of refining 1.5 million tons of crude oil annually. Malaysia has 8 percent export duty while Indonesia has 14 percent export duty on crude oil.