REPORT OF BUSINESS POLICY ON EDIBLE OIL INDUSTRY TABLE OF CONTENTS Acknowledgement: 4 Edible Oil Industry: 5 History: 5 INDUSTRY SEGMENTS 5 Edible Oil industry and Pakistan Economy: 6 LIST OF ALL PLAYERS: 8 INDUSTRY PALYERS 8 Market Share: 9 Profile of Three main players: 11 Wazir Ali (TULLO) 11 SUFI 12 Habib Oil Mills 13 PRODUCTS 13 1. Super Habib 13 Opportunity: 14 ⎫ Untapped rural Market 14 ⎫ Possibilities in the export market. 14 ⎫ People are becoming more health consciousness. 14 ⎫ Upcoming project of Palm Oil refinery. 15 Threats 15 ⎫ Increased cost of production especially because of inputs like energy. 15 ⎫ Heavy reliance on imports may give …show more content…
The total installed capacity of these units is around 550,000 tons. The commercial oil seed crop of Pakistan, cotton and rape seeds, cultivated varieties are not high yielding. The cotton crop is essentially grown for fiber and the seeds are only a by product whereas the rape and mustard varieties are not only low yielding but also rich in glucosinolates and erucic acid that are considered health hazards. Similarly, the price structure of oil seeds, depending on their quality has not been very favorable to the growers and consequently their production has remained almost static and non-productive in combating the shortage. Although claims and efforts be to reduce the shortage by increasing local production yet the problem has remained and the market demands have always been met through large-scale imports. It is felt that during the seventies through eighties the larger imports were that of the Soybean oil that was largely utilized for the production of both Banaspati and liquid cooking oil. It is important to state that the local industry provides the edible oil, both as cooking oil and Banaspati, based either on single oil or on a blend of oils. The latter practice is more common in the production of Banaspati, where palm oil is blended with the locally produced oils such as cottonseed and sunflower. It is estimated that the total population of Pakistan is around 150 million and its edible fat and oil
Kawan Food Berhad is an investment holding company. The company manufactures trades and sells their frozen food products principally in Malaysia and China. The major brands under Kawan Food Berhad are Kawan, KG Pastry, Veat, Passion Bake, and Kayangan Manisan. The categories of products are roti paratha, naan, oriental delicacies, BBQ style bites, croissant, and pita bread and so on. Kawan Food services maintain health, safety and great food at right price. This is because high quality and safety food is the only way to satisfy customer needs, increase the demand of product and enhance the brand impact.
Since the beginning of agricultural farming, farmers have utilized processes of selection and sorts of “cross-breeding” in order to improvise upon the quality of the crops that they farm. The process of selection consists of a very systematic means of selecting crops and plants that have fertilized in a superior mode than that of sister plants from the same crop. The utilization of these superior crops helps to ensure more consistent plants and crops that reflect that of the superior selection. Crop selection may also refer to the specific types of crops chosen for agricultural farming. These selections are based on the simplicity of farming that crop and it’s profitability (Bareja, 2011). “Cross-breeding” in farming and agriculture consists of the
In the 1980’s agriculture industries takes an important role in developing the economy of Kalahari Desert. Cereals and grains
Palm oil is an edible plant oil which has become a common ingredient in many consumer products. Today, around 50 percent of the goods we use every day contain palm oil, from processed foods to candles, grooming products and “biofuels”. Worldwide demand for palm oil has increased sharply over the last few years. With 54 million tons in 2011, it is the most widely produced vegetable oil worldwide. It has the highest yield of any oil crop and is the cheapest vegetable oil to produce and refine. Since oil palms need a rainforest climate – consistently high humidity and temperatures and a lot of land, plantations are often established at the expense of rainforests. About 90 percent (2011) of the world’s palm oil is currently being produced in Malaysia and Indonesia. Indonesia’s oil palm plantations alone already cover nine million hectares, an area the size of the state of Maine. 26 million hectares are projected for
Hunger has always been an issue in underdeveloped countries such as Africa and India. These types of countries have an issue of food insecurity which is not having adequate access to sufficient and safe foods for consumption. Matin Qaim and Shahzad Kouser wrote a journal about “Genetically Modified Crops and Food Security” which explained how genetically modified crops have a positive effect on production of food and availability. One specific GMO was the Bacillus thuringiensis cotton or Bt cotton which is grown all around India, China, Pakistan and other developing countries (Qaim and Kouser 2013). The significance of Bt cotton is that provides resistant to insects and the adoption reduces chemical pesticides and increases farmers’ fields. Bt cotton shows that it increases income for the households in the underdeveloped countries and higher incomes lead to increase in food consumption in the farms in these types of countries.
Recently certain people and groups such as the Roundtable on Sustainable Palm Oil is fighting to help maintain the industry as it is an important part of the economy and daily life.
Palm Oil is quickly becoming world’s most popular vegetable oil. Palm Oil needs warm, rich soil to grow. The ideal place for them is in the Rainforests of countries like: Angola, Benin, Cameroon, Democratic Republic of Congo, Guinea, Indonesia, Liberia, Malaysia, Nigeria, and Sierra Leone. The Oil Palm trees can't grow in the rainforest because they are only small trees, which means that they can't get enough light in the shadows of other trees. The Oil Palms grown best in hot and humid countries, that are along the equator. By 2004 there were 26 countries that was apart of the Palm Oil Production. In 2014 out of the 26 countries the ones in south Asia were the ones who were producing the most Palm Oil. Palm oil is grown on large scale plantations.
In total, tens of millions of tons of palm oil is produced annually, accounting for over 30% of the world’s vegetable oil production. This single vegetable oil is found in approximately 40-50% of household products in many developed countries like Australia. Palm oil can be present in a wide variety of products, including baked goods, confectionery, shampoo, cosmetics, cleaning agents, toothpaste and in our case; Cadbury chocolate.
The demand for palm oil and value of the palm oil industry is growing exponentially, with the value of the Global Palm Oil market expected to grow from $61.09 Billion Dollars, in 2014, to $88 billion by 2022 and the Global Market Demand for Palm Oil is predicted to grow from 74.01 million tons in 2014 to 128.20 million tons by 2022. However a business of the stature must have grand impacts, economically, socially and environmentally. This essay will discuss these effects and then evaluate whether the benefits of Palm Oil outweigh the adverse consequences.
Mustard oil is a staple of Indian cuisine. There are over twenty-three thousand square miles of mustard under cultivation in India (Specter, 2014). The oil, which lacks the mustardy taste, is very like canola oil. Mustard oil provides many nutrients that are often lacking in a typical Indian diet. Yet India imports almost half of its oil. Fortunately, there is a higher producing and cheaper genetically engineered mustard crop. Although GMO technology is often vilified as only a tool for “evil corporations” by activists like Jeffrey Smith (Smith, 2017), the genetically engineered mustard was developed by Delhi University. The technology will be provided at no cost to the public (Haq, 2016). It has been proven as safe as conventional oil over and over again (Haq, 2016). Yet, outspoken and politically motivated activists continue to block the successful implementation of this life-saving opportunity (Specter, 2014). There is no profit motive in genetically modified mustard oil, its safety is assured, and it fulfills a desperate need for more natively grown oil producing plants in India. It is sad that India is currently choosing to pander to its anti-GMO activists rather than focus farmers, consumers, and even the whole Indian economy.
There are also a few cases in which biotechnology has improved the quality and the nutrition of foods by alternating their composition. One potential advantage is altering plants to produce modified oils in soybean and canola plants. Industry officials reported that the modified soybean plant produces healthier oil and since soybean oil is the most commonly used oil worldwide, scientist are
producer of groundnut, next only to China. But groundnut being primarily a Kharif (monsoon) crop is vulnerable to vagaries of monsoon and also speculative activities. In 1996, the Government set up a Technology Mission on oil seeds, to increase production of other oil seeds and oil, and to reduce dependence on imports. The strategy followed was: To increase productivity with better farm inputs and practices. To increase area under oilseed crop. To encourage winter (Rabi) oilseed crops. This led to a sharp increase in oilseed production driven mainly by rapeseed, sunflower, castor seed and Soya Oil seed production jumped from 6.1mn ton in the mid 80's to around 22mn ton currently. India is today world’s third largest producer of rapeseed and cottonseed and the largest producer of castor seed. Timely and adequate rain is expected to result in an all time high oilseed production of 142.4 lakh tonnes during the current year as compared
The coconut palm is the one of the most valuable plants to man. In Sanskrit the coconut palm is called “kalpa vriksha”, which roughly translated means “Tree of Life”. In India, it provides livelihood to about 10 million people through various activities from its cultivation to processing of its products. All the parts of the coconut tree can be put to useful purposes – the roots, the trunk, the wood, leaves, the blossom and all the parts of the nut.
Pakistan’s leather industry is an exceptionally noteworthy industry for Pakistan regarding fares. Helping a lot of outside trade in Pakistan, this industry has the potential of conveying more and giving a substantial number of employments by enhancing item go and enhancing quality.
Pakistan State Oil (PSO) is the oil market leader in Pakistan enjoying over 78.2% share of Black Oil market and 54.3% share of White Oil market. It is engaged in import, storage, distribution and marketing of various POL products, including Mogas, Diesel, Fuel Oil, Jet Fuel, Kerosene, LPG, CNG and petro-chemicals. This blue chip company, the winner of "Karachi Stock Exchange Top Companies Award" and a member of World Economic Forum, has been a popular topic of case studies in Pakistan and abroad based on its radical corporate turnaround over the last few years.