Big Plans For Palm
p. 142 · Read in the full issue
Oil In New Guinea
Thousands of acres of Ad ministration land on New Britain are to be used to develop a new palm oil industry. An announce ment is expected soon.
Two large overseas firms are interested in the industry, and they will supply small factories for the area, which is near Cape Hoskins on the north coast.
Native growers displaced or im ported from other areas are likely to be encouraged to take part in the industry. The land is only sparsely settled by local natives.
Palm oil is used for industrial purposes—candles, soap and for hardening of steel—and as an edible oil. There have been ex periments in both New Guinea and Fiji for some years.