Palm Oil Facts The oil palm (Elaeis Guineensis) has ancient roots. Oil from this attractive palm, which grows wild in West Africa and Equatorial Africa, has been used as a food and energy source for millennia. Ancient Egyptians used it — as attested by the discovery of an earthenware jar containing residues of palm oil, in a tomb over 5000 years old at Abydos in Egypt — as have the peoples of Africa through the ages. In 2006, palm oil accounted for 52% or 26.3 mil MT of the total world oils and fats exports. Soybean oil was a distant second […]
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