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  • What is small scale palm oil refining plant?
  • The small scale palm oil refining plant makes an appealing business venture for investors and the like looking into creating palm oil processing business. It has proved rather advantageous in the booming market of palm oil production.
  • How much does a palm oil refinery plant cost?
  • The cost of palm oil refinery plant is affected by many factors Actually, the exact cost of a palm oil refinery machine would vary from the different requirements and specific situations. Usually, the equipment cost for setting up a palm oil refinery plant ranges from $ 60,000.00 to $ 300,000.00.
  • Why should you invest in palm oil refining equipment unit?
  • It has proved rather advantageous in the booming market of palm oil production. Our oil refining equipment unit for small scale production has all the bells and whistles including decreased land usage requirements and investment capital.
  • What is a palm oil refinery?
  • This line of an oil refinery is perfect as a mini or small-scale palm oil mill plant. It requires low investment capital and a smaller occupation of land. You are able to refine almost every type of crude edible oil. The primary refinery process includes three stages which are de-gumming, neutralizing, bleaching, and deodorizing.
  • What is the classification of palm oil refining industry in Malaysia?
  • Based on Malaysia Standard Industrial Classification 2000 (MSIC) by the Department of Statistics Malaysia, palm oil refining industry is grouped under Division 15 in manufacture of food products and beverages. This is associated with the value added and quality of processed palm oil (PPO) after going through the refining process.
  • Is the palm oil refining industry a highly concentrated industry?
  • Therefore, the findings of HKI α = 0.6 in this study imply that the palm oil refining industry is a highly concentrated industry as reflected in the small values of HKI in the observation years. This result is consistent to that of the condition of the palm oil refining industry as the market power is held by only a handful of large firms.