FGV Annual Report 2015

48 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Oil palm has diversified uses, other than edible oil products, palm products can be processed to produce biodiesel that can be blended to fuel lorries, buses and to operate power stations. FGV Downstream is ready to be among the leaders in producing biodiesel in Malaysia. Other innovative products from FGV Downstream such as Carbon Nanotubes and graphene are set to revolutionise diverse industries including aviation and automotive. Our Palm Downstream Cluster is the second largest revenue contributor to FGV Group REVENUE CONTRIBUTION New Market penetration +15% palm-based products INNOVATING Our New Product in 2015 WE explore Processing cost -16% 22% Palm Downstream Cluster ventured into various downstream products in 2015, resulting in a major turnaround from a loss of RM14 million in 2014 to a profit of RM9 million in 2015 KEY GROWTH TARGET: FGV aims to steadily strengthen its’ market share in the global oleochemicals, oils, specialty fats and FMCG markets