Potential and Opportunities for the Development of the Coconut Palm Industry as an Alternative Wood Substitution Material| Chapter 8 | Business, Management and Economics: Research Progress Vol. 5

The current economic condition of coconut plantations looks increasingly worrying because its flagship products are still dominated by copra and oil. Various efforts are made to increase the added value of products and revenues, ranging from downstream utilization of coconut products to follow-up results. This paper aims to present the utilization of coconut as an alternative source of wood that needs to be developed because it has many impacts, including (1) substitution of conventional wood from natural forests, (2) additional sources of income for farmers and foreign exchange and (3) encouraging and supporting coconut rejuvenation programs. Using descriptive explorative research methods with a systematic writing approach in the form of scientific reviews taken from several references to research findings. Various data are collected and discussed in a descriptive manner. The results showed that the palm oil industry as an alternative to Wood substitution materials in an integrated manner can provide opportunities for job expansion efforts, improving the welfare of the farming community, and increasing regional income and foreign exchange earnings.

 

Author (s) Details

Gabriel H. Joseph
Research Center for Agroindustry, National Research and Innovation Agency, Indonesia.

 

Payung Layuk
Research Center for Agroindustry, National Research and Innovation Agency, Indonesia.

 

Meivie Lintang
Research Center for Agroindustry, National Research and Innovation Agency, Indonesia.

 

Agustinus N. Kairupan
Research Center for Animal Husbandry, National Research and Innovation Agency, Indonesia.

 

Derek Polakitan
Research Center for Animal Husbandry, National Research and Innovation Agency, Indonesia.

 

Jantje G. Kindangen
Research Center for Macroeconomics and Finance, National Research and Innovation Agency, Manado, Indonesia.

 

Janne H. W. Rembang
Research Center for Horticultural and Estate Crops, National Research and Innovation Agency, Manado, Indonesia.

 

Paulus C. Paat
Research Center for Animal Husbandry, National Research and Innovation Agency, Indonesia.

 

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