Sime Darby Plantation, the largest producer of sustainable palm oil in the world, is aimed to double its production in the near future.
Located in Malaysia, the company is raising its seedling production in the next 3 years. Earlier in June, it declared its intention to scale up its edible palm oil production by 20%.
David Appleton, the head of biotechnology and breeding at Sime Darby, said that an area of 2,500 hectares with high-yield palms has taken the place of formerly old, low-yield produce. Another 1,000 hectares per year is to be added to complete the project by 2023.
The new project to enhance palm-oil production comes at a time when producers are struggling to combat the pandemic. Two major goals are to increase production and reduce the planting costs.
Sime Darby has also planned to market GenomeSelect seeds in order to help other producers grow their crops. Additionally deciding to conduct oil palm genome research to offer others in the industry, Sime Darby is taking a large step to resist deforestation.
Leading producers in Malaysia and Indonesia have been criticized because of extensive damage to tropical rain forests in the last few years.