Palm oil is extracted from the mesocarp of the fruit of an oil palm species called Elaeis guineensis.the high yielding tenera, which is a cross between dura and pisifera species, is the most commonly cultivated palm tree. The palm oil contributes to about 13% of total vegetable oil production in the world in 2011. Basically, there are two main products of the palm oil industry – palm oil and palm kernel oil. Out of these, many products could be derived. Crude palm oil is normally processed by a physical refining process in which the oil is turned into a golden yellow refined oil for further end use applications.