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Title Circular Economy Approaches in the Palm Oil Industry: Enhancing Profitability through Waste Reduction and Product Diversification
ID_Doc 5244
Authors Siagian, UWR; Wenten, IG; Khoiruddin, K
Title Circular Economy Approaches in the Palm Oil Industry: Enhancing Profitability through Waste Reduction and Product Diversification
Year 2024
Published Journal Of Engineering And Technological Sciences, 56, 1
DOI 10.5614/j.eng.technol.sci.2023.56.1.3
Abstract Today, facing difficult environmental and sustainability questions, the palm oil industry is an important force in global trade and development. As a transformative solution to these problems, this review assesses the implementation of circular economy (CE) strategies. CE principles promote the transformation of waste into value through recycling, upcycling and other low-carbon innovation applications. This review estimates the capability of palm-based biomass, including palm oil mill effluent (POME) and refinery wastes. It evaluates how different technologies such as gasification are used to change these fuel sources into energy fuels and value-added products for industry. It also involves incorporating Industry 4.0 to boost efficiency and waste value creation into the operation. Although the potential of CE in creating an eco-friendly, profitable palm oil industry is apparent, nevertheless it must overcome all kinds and levels of barriers - from economic to technological to social. This review points out for collaborative efforts, technological advancement, and supportive policies to navigate these challenges, advocating for a unified shift towards sustainability and efficiency in the palm oil sector.
Author Keywords resource optimization; sustainability; technological innovations; waste reduction; value-added products.
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001295660900003
WoS Category Engineering, Multidisciplinary
Research Area Engineering
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