# Palm Oil Value Chain Primer
Field teach-in from the July 2025 sessions. The chain matters because Rimau's expansion path — estate → mill → dealer → refinery — follows it, and because the waste streams are where the value has migrated.
## Plantation outputs
- **FFB (fresh fruit bunches)** — the money maker. Sold per ton at a near-standard commodity price.
- **Leaves** — brooms and handicrafts. Low demand.
- **Trunk wood** — plywood and furniture potential; demand exists but supply is thin. Most is dumped in rivers or chipped (a contributing factor in the Sumatra flooding).
## Mill (CPO factory) outputs
| Output | What it is | Where it goes |
| --- | --- | --- |
| **CPO** | Crude palm oil | Cooking oil, biodiesel, margarine |
| **PKO** | Palm kernel oil | Oleochemicals, food |
| **PKE** | Kernel expeller | Animal feedstock, fertiliser |
| **Palm kernel shell** | Highest export demand product | Power plants in Japan, Korea, the Emirates; activated carbon |
| **EFB** | Empty fruit bunches | Fertiliser |
| **POME** | Palm oil mill effluent | Open-pit waste; emits methane, pollutes rivers — and the feedstock for palm acid oil |
## Refinery and downstream
The refinery buys CPO and produces cooking oil. Its waste (**soapstock**) becomes **palm acid oil (PAO)**, feeding biodiesel, bioethanol and oleochemicals for soap and shampoo. PAO can also be made directly from mill wastewater — which is the business of Rimau's prospective Indonesian partner. See [[Rimau/Indonesia Malaysia and the Regional Map]].
> [!tip] The historic value shift
> In the 1990s **CPO was king**. Today the **shell and downstream products** carry the highest value. Owning the downstream is where the money moved — which is also why traceability enforced *from the refinery down* is more adoptable: it follows the money and the end buyer.
## The structural gap Rimau targets
Nothing in this chain has a shared record. FFB tracking today is *a smartphone, a receipt printer and a plastic bag under the fruit*, in an environment that destroys paper and electronics. That is the state of the art in an eight-thousand-entity industry.
## Acknowledged blind spot
Refinery operations are an admitted gap in the team's discovery, and the decision on whether traceability should be enforced top-down from refineries depends on closing it.
## Related
- [[Rimau MOC]]
- [[Rimau/Plantation and Mill Economics]]
- [[Rimau/Field Discovery Method]]
- [[AgriTech & Post-Harvest]]
- [[Food Waste as a Resource Stream]]