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Elaeis guineensis is a species of palm commonly just called oil palm but also sometimes African oil palm or macaw-fat. [3] The first Western person to describe it and bring back seeds was the French naturalist Michel Adanson .
The following table shows the vegetable oil yields of common energy crops associated with biodiesel production. Included is growing zone data, relevant to farmers and agricultural scientists. This is unrelated to ethanol production, which relies on starch, sugar and cellulose content instead of oil yields.
Elaeis guineensis, the African oil palm, the major palm oil crop species; but also: Attalea maripa, the maripa palm; Cocos nucifera, the coconut palm, which yields coconut oil from its seeds; Elaeis oleifera, the American oil palm; The genus Elaeis, with just two species, E. guineensis and E. oleifera, referred to as the oil-palm genus
The fruit yields two distinct oils: palm oil derived from the outer parts of the fruit, and palm kernel oil derived from the kernel. [ 1 ] The pulp left after oil is rendered from the kernel is formed into "palm kernel cake", used either as high-protein feed for dairy cattle or burned in boilers to generate electricity for palm oil mills and ...
With oil yield of some six tonnes per hectare per year at its mature estates, IOI is the most efficient plantation company in the world. [8] Malaysia's oil palm average yield for the last 20 years has been stagnant at four tonnes per hectare per year. [9] Nestlé stopped buying palm oil from IOI in 2016. [10]
As the chart above highlights, when oil prices plunge, Chevron adds leverage to ride out the downturn. ... Add in a generous 4.6% dividend yield today, and you can see why, despite oil prices ...
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Oil from Elaeis guineensis is also used as biofuel. Human use of oil palms may date back to about 5,000 years in coastal west Africa. Palm oil was also discovered in the late 19th century by archaeologists in a tomb at Abydos dating back to 3000 BCE. [6] It is thought that Arab traders brought the oil palm to Egypt. [citation needed]