Free Essay

Edible Oil Industry in Pakistan

In: Business and Management

Submitted By aunry91
Words 1924
Pages 8
Team: Sahabzada Aunuddin Qadri, Muhammad Saad Khan, Hammad Tajalli | Edible Oil Industry | Managerial Policy |

1. Introduction of Product and Service in the World:

Cooking oil consists of edible vegetable oils derived from different plants, amongst which the famous are olives, peanuts, and sunflower. Cooking oil is used to prepare food, fry food and also used for salad dressing.
It has been around for thousands and thousands of years. The Chinese and Japanese have been using cooking oil since 2000 BC. Many other civilizations have used cooking oil before and after that. Therefore, to track the exact date of the invention is impossible. The Chinese were fond of Soy Cooking Oil and have been using it for a long time.
Vegetable oil, a type of cooking oil, began to be processed by old civilizations, utilizing whatever food they had. Early civilizations learned to use the sun, to heat, oily plant until the plant exuded oil that could be collected. In Mexico and North America, peanuts and sunflower seeds were roasted and beaten into a paste and then boiled in water. The oil that rose to the surface was then skimmed off. Africans also grated and beat palm kernels and coconut meat and then boiled the resulting pulp, taking the hot oil off the water.
Due to technological advancements, we now have new types of vegetable oil. Corn oil was extracted first in the 1960s. Cotton oil, grapeseed oil, watermelon seed oil, and many others are now considered as beneficial. Earlier, they were treated as waste.

Improvements with time: In the early days, people used stone mortar and pestle, or they used to simply use their feet to crush vegetable. Later the Greeks and Romans improved this process by introducing edge runners to grind and a screw to operate the lever press. In 1600s, a stamper press was invented in Holland and was used until the 1800s to extract oil. In 1750, John Smeaton, who was an English engineer, invented a Roll Mill to crush vegetable matter efficiently. Deiss of England obtained the first patent for the extraction of oil using solvents in 1856. After that, different techniques were invented and then improved upon. Today, solvent Extraction is standard in the vegetable oil industry.

2. Global Players till 2014 and their Market Share

The figure is very self explanatory and shows different kinds of cooking oil. It also shows Global Market Players with their market share.

Some well-known edible oil brands from around the world are:

California Rice Oil Company GMO free rice bran Oil may be "The World's Healthiest" edible oil, containing vitamins, antioxidants, nutrients and trans fat free. It's not just delicate and flavorful, it may help lower cholesterol, fight diseases, enhance the immune system, fight free radicals and more. Rice Bran Oil is extremely light, versatile and delicious.

Barleans:
An American Success Story: The Barlean's Farm, Fishery, and Organic Seed Mill.
The 42-acre Barlean's farm in Ferndale bustles with activity. Trucks from as far away as Canada and the Dakotas pull up to deliver flax seed, forklift drivers haul pressed flax meal into storage containers for recycling as cattle feed, while inside fresh pressed flax seed oil is bottled, labeled and rush shipped to health stores around the country.

Lam Soon Group
“Knife cooking oil ” is 100% Pure Rice Bran Oil contains only oil extracted from the bran of rice. It has a high level of Gamma Oryzanol (5,700 ppm), a type of natural anti-oxidant which main source comes from rice. Anti-oxidant is known to lower risk of cancer and heart disease. The higher the level of Gamma Oryzanol, the better it is.
Stallion group
Stallion sources edible oil from Malaysia and Indonesia for distribution from world leaders in the industry to needy markets in West Africa. Stallion Group is a privately owned business promoted by the Vaswani Family and spearheaded by Sunil Vaswani, Group Chairman.
Leading Indian Cooking oil Companies
Rasoya Protein * Revenue: It has total revenue of 11734.79 crore * Products and Services: Soya Nugget manufacturing unit, Wheat Processing Plant, manufacturing and supply of soya oil * Head office: Maharastra, India * Other projects: co generation of captive power project * Website: http://rasoyaproteins.in

Agro Tech Foods * Revenue: It has total revenue of 361.43 millions * Products and Services: sundrop slimlite, sunfrop peanut butter, sundrops 10 mns Yummeals, Act II popcorn * Head office: Gurgaon, India * Website: www.atfoods.com

Ruchi Soya * Revenue: It has total revenue of 26,000 cr * Products and Services: Nutrella soya bean oil, Nutrela mustard oil, rice bran oil, sunflower oils, Vanaspati, * Head office: Mumbai, India * Marketing strength: over 5,642 distributors * Website: www.ruchisoya.com

Sanwaria Agro * Revenue: It has total revenue of $303 millions * Products and Services: Seed processing and Solvent Extraction, Refining of crude Soy oil to produce refined Soy oil, Producing and selling value added products like Soy Flour, Soy Chunks * Head office: New Delhi, India * Employees: 48,399 employee as on 31st March 2013 * Website: www.sanwariaagro.com
5 Best Olive Oil Brands World Wide:

Borges - It's one of the leading brands which are very popular in Europe as well as in Asia. They produce finest quality of olive oil for both home and commercial consumption. They have a presence in over 100 countries with wide range of olive and related products.
Colavita - This brand is extremely popular in America and is made from fresh Italian olives. Its extra virgin olive oil tastes great and has a pungent smell that's loved by its users.
Bertolli - It's one of the biggest brands used in several countries. Bertolli olive oil come in different variants and is made from original Italian olives that are processed fresh. It's made from black olives that gives a unique taste and are enriched from Vitamin-E.

Pasolivo - This popular American brand is used by large number of users across United States. The olives used for this brand are grown organically in California and are processed right there soon after harvesting.

Pompeian - This is yet another excellent brand that is quite popular among its users. It's one of the leading imported brands that brings fresh olive oil from the Mediterranean region and have a large user base in United States.

3. Introduction of the product concept in Pakistan:

Since, this product is more of a necessity, it has been in the subcontinent for a long time. Even before the independence of Pakistan, there was Hindustan Lever, which had Dalda Ghee. Therefore, the presence of this product has been here since the day of Independence. With time more and more companies started selling edible oil of different types. The Industry was established in the private sector, but it was nationalized in 1973. Out of 26 factories, 23 were nationalized and put under the control of the Ghee Corporation of Pakistan (GCP). Even though Pakistan has seen almost a revolutionary change in its edible oil consumption, the most sold edible oil is in loose form.

The main edible oil consumed by Pakistani people are:
- Palm Oil
- Cotton Seeds oil
- Rapeseed and Mustard Oil
- Soybean oil
- Sunflower seeds oil
- Canola oil

Out of these, Pakistanis mainly consume sunflower, canola and soybean oil. The trend in the edible oil industry is changing rapidly.

Current Situation of Edible Oil Industry in Pakistan:

The industry is now in the private sector after privatization. It comprises of 160 units in the organized and unorganized sector. People are moving towards branded cooking oil. They have seen the poor quality of loose cooking oil and are now more aware of the consequences of using such low standard loose oil. Presently, the per capita consumption of edible oil is about 15-16 kg. This is very high compared to Europe's average of 3kg. Pakistan meets 30% of the demand through local production and imports the remaining 70% of it. We consume around 2.3 million tonnes of edible oil per annum. Out of which 0.63 million tonnes is contributed by the local growers while the remaining is imported to bridge the gap between demand and supply. Pakistan imports around 8% of its total edible oil imports from Indonesia. Pakistan was also the third largest importer of Malaysian palm oil in 2009, as its import reached over 1.73 million tonnes.

4) Major Players in Pakistan and Market share:

Dalda Foods Pvt ltd: Dalda Foods Pvt Ltd is one of the leading producers of cooking oil and ghee products in Pakistan. For over seventy years Dalda's name is synonymous with Quality. Dalda Foods' brands are the only vegetable ghee/banaspati products in Pakistan which are trans-fat free.

Sufi groups Sufi Banaspati& Cooking Oil , in a brief period of less than 20 years, has championed quality assurance and customer satisfaction to emerge as one of the top two market leaders in the Edible Oil and Ghee industry in Pakistan.

Habib Oil Mills (Pvt.) Ltd. Habib Oil Mills or HOM is one of the most trusted brand names in Pakistan and is a proven leader in the cooking oil and banaspati segment. The company produces premium brand cooking oils and hydrogenated cooking mediums and markets the products through its own distribution network.

Wazir Ali , Tullo: Wazir Ali Industries Limited is a Pakistan-based company engaged in the food processing industry. The Company is involved in the manufacture and sale of vanaspati ghee and cooking oils. Its products are offered under Tullo and Pride brands.

Soya Supreme Cooking Oil: Established in 1981, Agro Processors is a leading manufacturer of edible oil, banaspati and margarine in Pakistan. With a widespread distribution network all across the nation.
Meezan Cooking oil and Banaspati Meezan brand was launched in year 2000 from the platform of Paracha Textile Mills Limited (Ghee Unit) which is the fastest growing FMCG Company in Pakistan. The company exclusively engaged in the vegetable oil and fats business with the core objective to bring quality products within everyone's reach which is the social responsibility of the company towards the society and company feels that it is also the right of every consumer.
Kissan foods: The first Pakistani company set up a state-of-the-art Physical Refinery, Fractionation Plant and Interesterification Plant which is one of the most modern and High-Tech in Asia

Shan Cooking Oil: Shan cooking oil is one of the best quality of cooking oil which is the ultimate choice of people and house hold women. Its procedure by the blend of SBO, Canola Oil S.F.O.Shan Oil has no cholesterol and carious all the natural vitamin and anti andante to pressure the shelf life of oil.

Kashmir cooking oil: United Industries Limited is the manufacturer of the leading brand "Kashmir" cooking medium in the country. All the brands of United Industries Limited, which are Kashmir Banaspati, Kashmir Premium Gold Cooking Oil and Kashmir Canola Oil, go through a strict quality control and regulation process. Hence the product which reaches the consumers is of pure quality and with ideal taste and nutritional value. The Banaspati product has attained outstanding response throughout Pakistan, being a pure and granular ghee it is considered ideal for health. Banaspati has many qualities in stored for better health and an active lifestyle. Kashmir Banaspati is full of taste, rich in aroma and offers a healthier diet habit.

References:

http://www.pakreviews.com/

http://www.tastedefined.com/2013/01/best-olive-oil-brands.html http://dir.yahoo.com/business_and_economy/shopping_and_services/food_and_drink/oils/brand_names/?skw=cooking+oil+leading+brands http://topcompaniesindia.com/edible-oil-companies-in-india/
Gallup Pakistan, (2013) Media Cyberletter

Similar Documents

Free Essay

Edible Oil Industry Analysis

...Analysis of Edible Oil Industry ANALYSIS OF PAKISTAN INDUSTRY PRESENTED BY: HUSNA BADAR(7164) KOMAL SHAHDEV(756) MISBAH SALEEM(4258) SUBMITTED TO: SIR AFTAB ABRO Institute of Business Management, Karachi Table of Contents Brief history about the edible oil industry 8 Present Situation of edible oil industry in Pakistan 8 Consumption 8 Edible oil industry (3 segements) 8 Group 1(Premium Segment) 9 Group 2(Popular Segment) 9 Group 3 (Lower Segment) 9 Market share analysis of the overall industry 10 Branded versus unbranded 11 Analysis of the total market reveals that about 43% of the market is unbranded and the remaining 57% market is branded oil. 11 Market share information of tier 1 segment 11 Manufacturing process 12 The procedure that is adopted by all manufacturers of edible oil is given as follows. However organizations modify the processes to suit their requirements. 12  Step # 1: Blending of different oils in different quantities. 12  Step # 2: Refining the blended oil. 12  Step # 3: Packaging. 12  Step # 4: Marketing and Sales 12 Source of edible oil 13 Important facts regarding oil seeds 16 Categories of oil 17 Product 22 Pricing 23 Placement – distribution network 23 Promotion 23 Positioning – critical success factor 23 Competitive prices 24 Dalda FOODS PVT LTD 25 product: 26 Pricing 26 The price of Dalda is slower than Habib in spite of the fact...

Words: 10139 - Pages: 41

Premium Essay

Audit

...Anjum 5) Farrukh Nabeel 6) Tahir Jamshed Butt Submitted To: Ma’am Ummara Rana Topic: Habib Oil Mills Analysis Table of contents: Preface…………………………………………………………………………. About company………………………………………………………………… Mission statement………………………………………………………………. History of growth……………………………………………………………….. Current selling situation of the consumers……………………………………… Consumption pattern of HABIB Oil……………………………………………. Competitive situation…………………………………………………………… Swot analysis…………………………………………………………………… Target market…………………………………………………………………… BCG Matrix……………………………………………………………………... Marketing segmentation ………………………………………………………… Basic for segmentation ………………………………………………………….. Customer analysis…………………………………………................................. Internal audit……………………………………………………………………. Product………………………………………………………………………….. Price…………………………………………………………………………….. Place……………………………………………………………………………. Promotion………………………………………………………………………. Tabulation of the Results and Findings………………………………………… Pie Chart………………………………………………………………………… PREFACE: First of all I would like to thank our instructor Mam Umara Rana for providing us the opportunity to look into various consumer plans of Habib Oil Mills Pvt (Ltd). This project has given me a complete knowledge and practical experience, which will help me in future. I am also thankful to Mr. Ali Azfar, assistant......

Words: 2142 - Pages: 9

Free Essay

Handicrafts of Bangladesh

...33 Int. J Sup. Chain. Mgt Vol. 1, No. 1, June 2012 Impact of Government Law on Edible Oil Supply Chain in Bangladesh Perspective Reaz Ameen Choudhury#1, Meghla Clara Costa*2 #1 Department of Management, American International University Bangladesh, Dhaka, Bangladesh 1 reaz@aiub.edu *2 Department of Electrical and Electronic Engineering, American International University Bangladesh, Dhaka, Bangladesh 2 clara15@aiub.edu Abstract-This descriptive study is not intended as a detailed analysis; its aim is to present an overall view of the impact of a government law regarding edible oil marketing and distribution in Bangladesh. Social, economic, environmental and sustainability issues are not covered in this report. All the data of this report is collected from secondary source. This study is going to deliver contribution to the new investors who are going to invest in this industry, existing industries for legal compliance and process improvement. The academics can use this report for analyzing market scenario and Bangladesh government authorities can use it partially for monitoring market and decision making purpose. Keywords- Edible oil, Supply Bangladesh, Strategic, Tactical. Chain, Government Law, 1. Introduction A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers...

Words: 3564 - Pages: 15

Free Essay

Chemistrt

...This article was downloaded by: [University of Leicester] On: 3 April 2009 Access details: Access Details: [subscription number 907399407] Publisher Taylor & Francis Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK Journal of Herbs, Spices & Medicinal Plants Publication details, including instructions for authors and subscription information: http://www.informaworld.com/smpp/title~content=t792306868 Ethnobotanical Study of Upper Siran Habib Ahmad a; Shujaul Mulk Khan a; Sajidul Ghafoor b; Niaz Ali1 a a Department of Botany, Hazara University Mansehra, Pakistan b Department of Genetics, Hazara University Mansehra, Pakistan Online Publication Date: 01 January 2009 To cite this Article Ahmad, Habib, Khan, Shujaul Mulk, Ghafoor, Sajidul and Ali1, Niaz(2009)'Ethnobotanical Study of Upper Siran',Journal of Herbs, Spices & Medicinal Plants,15:1,86 — 97 To link to this Article: DOI: 10.1080/10496470902787519 URL: http://dx.doi.org/10.1080/10496470902787519 PLEASE SCROLL DOWN FOR ARTICLE Full terms and conditions of use: http://www.informaworld.com/terms-and-conditions-of-access.pdf This article may be used for research, teaching and private study purposes. Any substantial or systematic reproduction, re-distribution, re-selling, loan or sub-licensing, systematic supply or distribution in any form to anyone is expressly forbidden. The publisher does not give any warranty express or......

Words: 4308 - Pages: 18

Premium Essay

Present Trade Rekatuin Between India and Pakistan

...Trade Relation between India and Pakistan. Introduction India and Pakistan have been trying, though not very successfully, since the Shimla Agreement, 1972, to create political harmony. Several attempts later, the political and security issues have only become worse. It is imperative to explore the bilateral trade relations between India and Pakistan, so as to seek a way towards a deeper engagement, as these two countries have the potential to change the geopolitical dynamics of Asia.We shall first explore the history of bilateral trade relations between the two nations. History of Trade between India and Pakistan Bilateral trade between India and Pakistan could be of mutual gain to both as they were not separate once. Mumbai and Karachi, their major business centres are near each other, which serves another advantage. But these advantages are marred by disadvantages such as, non-tariff barreiers, poor trade facilitation measures like customs and porcedural barriers, difficult visa regime, poor infrastucture resulting in costly transportation, and many more. At the time of independence, almost3/5th of Pakistan’s total exports were directed towards the Indian market, and 1/3rd of its imports came from India (Sangani and Schaffer 2003). But discord in political relations obstructed bilateral trade. After India’s devaluation of its currency in 1949, Pakistan refused to devalue its currency and later imposed import......

Words: 3656 - Pages: 15

Free Essay

Pkaistan's Rgional Food

...secured food through two methods: hunting and gathering, and agriculture. Today, most of the food energy consumed by the world population is supplied by the food industry, which is operated by multinational corporations that use intensive farming and agriculture to maximize system output. FOOD SOURCES Almost all foods are of plant or animal origin. Cereal grain is a food that provides more food energy worldwide than any other type of crop. Maize, wheat, and rice - in all of their varieties - account for 87% of all grain production worldwide. Other foods not from animal or plant sources include various edible fungi, especially mushrooms. Fungi and ambient bacteria are used in the preparation of fermented and pickled foods like leavened bread, alcoholic drinks, cheese, pickles and yogurt. Inorganic substances such as soda and cream of tartar are also used to chemically alter an ingredient. PLANTS Many plants or plant parts are eaten as food. There are around 2,000 plant species which are cultivated for food, and many have several distinct cultivars. Seeds of plants are a good source of food for animals, including humans, because they contain the nutrients necessary for the plant's initial growth, including many healthy fats, such as Omega fats. In fact, the majority of food consumed by human beings is seed-based foods. Edible seeds include cereals (maize, wheat, rice, et cetera), legumes (beans, peas, lentils, et cetera), and nuts. Oilseeds are often pressed to...

Words: 3068 - Pages: 13

Premium Essay

Economy of Pakistan

...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwer...

Words: 5890 - Pages: 24

Premium Essay

Trade

...SBP-Research Bulletin Volume 1, Number 1, 2005 © 2005 by the State Bank of Pakistan. All rights reserved. Reproduction is permitted with the consent of the Editor. OPINIONS Trade between India and Pakistan: Potential Items and the MFN Status Abid Qamar∗ During the last several years, opening up of trade between India and Pakistan has become the most sought after question at many policy forums and among concerned groups. The issue has gained particular importance after India granted the Most Favored Nation (MFN) status to Pakistan, to comply with the principles of World Trade Organization (WTO) regime in 1995, and Pakistan’s reluctance in reciprocating so far. It is believed that increased trade relationship can play a vital role in normalizing the political relationship between the two countries. This will, therefore, benefit millions of people living in both countries as the resources would be diverted from less desirable areas, such as defense spending, to poverty alleviation initiatives. Given the likely impact of trade liberalization between the two countries, the unavailability of any established estimate of potential trade and the items likely to be traded is unfortunate. With a view to come up with some estimates based on some methodology, however simple it is, this note attempts to find the potential of trade between the two countries by identifying the potential items. It estimates the scope for exports and savings by substituting our imports......

Words: 5232 - Pages: 21

Free Essay

Business Environment: Palm Oil in Indonesia

...Submitted to: Prof. M.K Awasthi Table of Contents Introduction 2 History of Palm Oil 2 History of Palm Oil in Malaysia 2 Importance of Palm Oil in the World 3 Analysis of Economic Environment 5 Supply-Side Environment 5 Demand Side Environment 7 Palm Oil Economy in Malaysia 7 Key Inferences 8 Analysis of Political, Legal & Institutional Environment 8 FELDA, FELCRA & RISDA 9 Government Policies 9 Analysis of Social & Environmental Impact 11 Analysis of Technological Environment 12 Skills & Knowledge Development 12 Research & Development 12 Overview of Business Environment & Conclusions 13 Introduction History of Palm Oil The oil palm tree (Elaeis Guineensis Jacq.) is said to have originated in West Africa, somewhere between Angola and Senegal. The earliest archaeological evidence of palm oil has been found in an Egyptian Tomb in Abydos. These two facts point to two inferences. One, that palm oil production was happening even 5000 years ago. Secondly, as no palm oil was produced in Egypt, this means that Palm Oil trading also was prevalent at that time. Thus, Palm Oil has been used by mankind since historical times. A basic description of the palm oil extraction process is shown below: (Source: Malaysian Oil Palm Publication Annual Report 2011) History of Palm Oil in Malaysia Palm Oil was introduced in Malaysia by in 1910 by Scotsman William Sime and English banker Henry Darby as a......

Words: 2079 - Pages: 9

Premium Essay

Agriculture (Pakistan Economic Survey)

...Chapter 2 Agriculture Agriculture is central to economic growth and development in Pakistan. Being the dominant sector it contributes 21.4 percent to GDP, employs 45 percent of the country’s labour force and contributes in the growth of other sectors of the economy. The healthy expansion in agriculture stimulates domestic demand for industrial goods and other services and supplying raw material to agro-based industry notably cotton textile industry which is the largest subsector of manufacturing sector. The government under paradigm of the new growth strategy envisioned to enhance growth in agriculture sector by facilitating agriculture productivity sustainable environment, increasing competitiveness in agriculture marketing and trade by providing friendly climate for more investment in the sector. However, draft tenth 5 years plan also envisages improving the productivity, profitability competitiveness and environmental sustainability of agriculture. Overall agriculture development strategy revolves to foster private sector-led development with public sector providing enabling environment through policy interventions and play capacity building role to improve agriculture related practices. The emphasis is on improving productivity and moving from subsistence to market oriented farming in the country to meet the domestic demand and surplus for export. The objective is to exploit potentials of our agriculture sector and use it as engine for economic growth and food......

Words: 9649 - Pages: 39

Free Essay

Accounting

...Economics & Industry Development Division Malaysian Palm Oil Board OVERVIEW OF THE MALAYSIAN OIL PALM INDUSTRY 2012 FOREWARD The year 2012 has been a challenging year for the Malaysian oil palm industry. During the first half of the year, the industry was faced with lower Crude Palm Oil (CPO) production compared to corresponding period of 2011 as Fresh Fruit Bunch (FFB) yielded low due to stress on the trees after experiencing high FFB production in 2011, as well as high imports of palm oil. In the second half of the year, palm oil prices declined as palm oil stocks build-up arising from high carry-over stocks in the beginning of the year, increase CPO production as well as weaker export demand. Palm oil stocks reached 2.63 million tonnes at the end of December 2012, CPO production declined marginally to 18.79 million tonnes and imports increased to 1.39 million tonnes. Total exports of palm products was 24.56 million tonnes, an increase of 1.2% with palm kernel cake and oleochemical products registered increase in exports, while palm oil recorded a decline of 2.4% to 17.56 million tonnes. Average price of CPO for the year was RM2,764 per tonne, lower by 14.1% compared to RM3,219 in 2011, while export revenue of palm products declined by 11.2% to RM71.40 billion against RM80.41 billion recorded in 2011 due to lower export prices. The oil palm planted area in 2012 reached 5.08 million hectares, an increase of 1.5% against 5.00 million hectares recorded in 2011. This was...

Words: 2553 - Pages: 11

Free Essay

Supply Chain

...Punjab Oil Mills History Punjab Oil Mills Limited (POML) was founded in 1983 as a manufacturer of Banaspati and Cooking Oil. Production facilities were established in Islamabad and its production started in 1984. The increasing investment in technology and machinery for manufacturing new product oils has greatly provided product quality, reduced costs and expand our production capabilities. Apart from Banaspati and Cooking 0il products, they are producing specialty fats targeted to the baking and food processing industries. R&D process is striving to come up with new products, as part of their "Transfat Free Initiative", they already switched to a Transfat Free formula on for Banaspati targeted to household consumers, providing Transfat Free solutions to other customers as well. Introduction Punjab Oil Mills Limited is a manufacturer of oil and soaps, based in Islamabad Pakistan. The produce and market an extensive range of cooking and baking mediums and other specialty fats under the flagship brand names of Zaiqa and Canolive. “We are an ISO 9001 & FSSC 22000 certified company and take pride in making products that consistently exceed customer expectations”. According to Punjab Oil Mills, As a result the Zaiqa and Canolive brands enjoy a valuable brand franchise today and are synonymous with uncompromising quality and constant innovation. Edible items are not the only products being made by Punjab Oils, but they also deal in soap known by the name of “Raja”. All the......

Words: 2732 - Pages: 11

Free Essay

List of Companies

...Laboratories (Pakistan) Ltd. 29. 2. Bawany Air Products Ltd. 30. 3. Berger Panints Pakistan Ltd 31. Pakistan Pvc Ltd. 4. Biafo Industries Ltd. 32. Sanofi-Aventis Pakistan Ltd. 5. Buxly Paints Ltd. 33. Sardar Chemical Industries Ltd. 6. Clariant Pakistan Ltd. 34. Searle Pakistan Ltd. 7. Colgate Palmolive Pakistan Ltd. 35. Searle Pakistan Ltd. 8. Data Agro Ltd. 36. Sitara Chemical Industries 9. Dawood Herclues Chemicals Ltd. 37. Sitara Peroxide Ltd. 10. Dewan Salman Fibre Ltd. 38. United Distributors Pakistan Ltd. 11. Dynea Pakistan Ltd. 39. Wah Noble Chemicals Ltd. 12. Engro Chemical Pakistan Ltd. 40. Wah Noble Chemicals Ltd. 13. Fauji Fertilizer Bin Qasim Ltd. 41. Wyeth Pakistan Ltd. 14. Fauji Fertilizer Company Ltd. 42. Zulfeqar Industries Ltd. 15. Ferozsons Laboratories Ltd. 16. FFC Jordan Fertilizer Company Ltd. 1. Attock Petroleum Ltd. 17. Gatron Industries Ltd. 2. Attock Refinery Ltd. 18. Glaxo Smith Kline Pakistan Ltd. 3. Byco Petroleum Pakistan Ltd. 19. Highnoon Laboratories Ltd. 4. National Refinery Ltd. 20. I. C. I. Pakistan Ltd. 5. 21. Ittehad Chemicals Ltd. Oil Companies Advisory Committee (Formerly Pakistan Petroleum) 6. Pak Arab Refinery Ltd. 22. Leiner Pak Gelatine Ltd. 7. Pakistan Oilfields Ltd. 23. Linde Pakistan Ltd. (Formerly BOC Pakistan) 8. Pakistan Petroleum Ltd. 24. Lotte Pakistan PTA Ltd. 9. Pakistan Refinery Ltd. 25. Mandviwalla Maser & Plastic......

Words: 2857 - Pages: 12

Premium Essay

Impact of Global Financial Crisis on Pakistan

...Impact of Global financial crisis On Pakistan By: Nauman Ayubi Butt Roll # 8511 Table of contents 1) Reason of choosing this topic 2) Introduction 3) The term ‘Financial Crises’ 4) Financial Crisis 2007-2009 5) Causes of the crisis 6) The crisis getting global 7) The Financial crisis and Pakistan: 8) Sectoral impact of the crisis in Pakistan: 9) External sector impact i) Exports ii) Imports 10) Financial Sector impact on i) Foreign exchange ii) Banking sector iii) Circular debt iv) Stock market: 11) Inflation 12) Economic business sector impact i) Impact on textile industry 13) Social Sector Impacts 14) Poverty and unemployment: 15) IMF 16) Technique to tackle the situation Reason for choosing this topic: The reason for choosing this topic is that it has a direct relationship with the poverty, unemployment, literacy, wealth distribution and also with the increased level of terrorism in Pakistan. Introduction: Capitalism is an economic system in which land labor production pricing and distribution are all determined by the market. There is a strong history of capitalism that it can shift from extended period of rapid growth to very short periods of contraction The global financial crisis in 2008-09 which are still on the go, they actually started from the 20th century and they have been increasing since then. In the end of 20th century the U.S housing prices after a multiyear started declining, the mortgage prices had been......

Words: 5046 - Pages: 21

Free Essay

Research Paper

...period is lacking. We investigated the critical weed-crop competition period in sesame at the Agronomic Research Area, University of Agriculture, Faisalabad Pakistan during summer season (July-November) 2005. Treatments were weed-crop competition periods (WCCP) of 3, 4, 5, 6 and 7 weeks after emergence in addition to full season competition and full season weedy check as negative and positive controls, respectively. A gradual decrease from 6.88 to 12.40 % in seed yield was recorded with 6 weeks to full season weed-crop competition. Non significant reduction in seed yield was observed up to 5 weeks WCCP. Weed crop competition for a period of 3 weeks did not show significant decrease in straw yield, number of capsules plant-1, number of seeds capsule-1 and 1000 seed weight, whereas a significant decline in all these parameters was noted as WCCP exceeded 3 weeks. Weed density and dry weight did not increase significantly until WCCP was prolonged up to 3 and 4 weeks, respectively. This study led to conclude that although growth decline was started after 3rd week, however significant yield decline was noticed from 6th week after crop emergence. Key Words: Yield, weeds, competition period, Sesamum indicum L. INTRODUCTION Pakistan is annually spending Rs.77.78 billion on the import of edible oil, as only 24 % of total edible oil requirements are fulfilled through local production (GOP, 2010). According...

Words: 4288 - Pages: 18