Cargill, IPB open educational palm oil estate
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Cargill, one of the world’s top agricultural companies, will spend US$250,000 on Indonesia’s first educational oil palm plantation, which it plans to establish in Bogor, West Java in cooperation with the Bogor Institute of Agriculture (IPB), a company executive says.
Cargill Tropical Palm CEO Angelina Ooi said the company hoped that the initiative would enhance future industry standards on palm oil sustainability.
“This partnership demonstrates the significant role of educational institutions in producing future generations of industry experts who both appreciate and understand the importance of sustainable practices in palm oil production,” she said on Wednesday.
The Bogor-based IPB-Cargill Oil Palm Teaching Center will provide high-quality training to students in plantation production and management within sustainable agricultural systems.
The teaching center will also serve as a reference for other palm oil companies in applying the standards of both the Roundtable on Sustainable Palm Oil (RSPO) and the Indonesian Sustainable Palm Oil Board (ISPO), a non-profit organization of crude palm oil (CPO) producing countries.