Institute of Policy Studies of Sri LankaSri Lanka's Palm Oil Industry: Balancing Economic
The palm oil industry in Sri Lanka has been an import substitution policy initiative aimed at reducing palm oil imports and boosting the economy. The 2021 ban on oil palm cultivation in Sri Lanka was primarily driven by
Contrary to popular belief, oil palm cultivation can be one of the most sustainable and economically viable industries when carried out in an ethical, socially, and environmentally responsible manner, with sound, sustainable
Oil palm industry in Sri Lanka: Its
Oil palm was introduced to the Southern part of Sri Lanka in 1968, where the required soil, warmer temperatures (24- 32 0 C) and rainfall (>2,500 mm annual) conditions prevail.
Oil palm covers 7% of the total cultivated lands for vegetable oils globally, but has the highest output, producing 40 % of all oils and fats. M. Jerry Wales, a European Planter, commenced the
Sunshine HoldingsWatawala Plantations becomes South Asia's first
Watawala Plantations PLC (CSE: WATA), Sri Lanka's leading diversified agribusiness company, has reached the next milestone in its development of sustainable oil palm plantations, achieving the Roundtable
The only other close competitor for vegetable oil in Sri Lanka, coconut has a NSA and a COP of Rs. 40 and Rs. 15 per nut respectively. However, coconut produces a yield per hectare (YPH) of only 7,000 nuts,
Roundtable on Sustainable Palm Oil (RSPO)Watawala Plantations Roundtable on Sustainable Palm Oil
Sri Lankan grower, Watawala Plantations PLC (WATA), has become the first company in Sri Lanka or South Asia to achieve Roundtable on Sustainable Palm Oil (RSPO)
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Coconut Research InstituteJournal of the cri.gov.lk
Coconut-Based Agroforestry Systems in Sri Lanka L. H. P. Gunaratne H. P. D. T. Hewa Pathirana, L. L. W. C. Yalegama, A. M. L.Silva and principal source of edible oil and fats (Department of
With emphasis on innovation and value addition, Watawala Plantations has grown to be recognized as the largest palm oil cultivator in Sri Lanka. With a proud history of being involved in the Agri
PLANNING OF PUMPED STORAGE POWER PLANTS IN SRI LANKA
Sep 1, 2011The focus of this paper is the investigation and planning of pumped storage power plants (PSPPs) for peaking purposes, and includes site selection and the basic design
Oil palm has been cultivated in Sri Lanka for nearly 50 years, and to date, the area under oil palm is only 10,000 hectares, a fraction of the extent under other crops. It is also recommended to
- What is the palm oil industry in Sri Lanka?
- The palm oil industry in Sri Lanka has been an import substitution policy initiative aimed at reducing palm oil imports and boosting the economy.
- Are Sri Lankan palm oil companies achieving RSPO certification?
- The Sri Lanka Palm Oil Industry Association (POIA) said this week that Sri Lankan companies cultivating oil palm or processing palm oil are committed to achieving certification through sustainability practices, similar to RSPO certification obtained by Watawala Plantations PLC.
- Will a ban on palm oil affect Sri Lanka's economy?
- In addition, by diversifying agricultural production, Sri Lanka aims to reduce its dependence on palm oil imports and strengthen domestic industries. The ban on oil palm cultivation has generated mixed opinions and sparked debates. Some argue it could negatively affect the economy, as palm oil contributes to Sri Lanka’s edible oil requirements.
- How can Sri Lanka bridge the oil & coconut industry gap?
- Given the limited land availability for expanding commercial cultivations in Sri Lanka for coconut and oil palm, productivity improvements would support partially bridging the gap. This can be facilitated by lowering the import tariff on edible oils, easing the burden on consumers.
- Is deforestation relevant in oil palm cultivation in Sri Lanka?
- These issues directly affect the surrounding communities and ecosystems. In Sri Lanka, RPCs were allowed to cultivate oil palms in marginal rubber lands. Therefore, deforestation is not relevant unless rubber is considered a forest tree. Environmental issues are common to any agricultural land use and are observed in oil palm cultivation.
- How oil palm plantation management practices have changed since 1968?
- Since 1968, oil palm cultivation has been going through various changes in the Plantation Management Practices such as: Also, the livelihood of the people and the villages around the plantation have been sustainably developed.
