[en] The palm oil industry plays an important role in the creation of waste to wealth using the abundant oil palm biomass resources generated from palm oil supply chain i.e. upstream to downstream activities. The oil palm biomass and other palm-derived waste streams available are oil palm trunks (felled), fronds (felled and pruned), shell, mesocarp fibers, empty fruit bunches (EFB), palm oil mill effluent (POME), palm kernel expelled (PKE), palm fatty acid distillates (PFAD), used frying oil (UFO), residual oil from spent bleaching earth (SBE) and glycerol. For 88.5 million tonnes of fresh fruit bunches (FFB) processed in 2008, the amount of oil palm biomass generated was more than 25 million tones (dry weight basis) with the generation of 59 million tonnes of POME from 410 palm oil mills. Oil palm biomass consists of mainly lignocellulose materials that can be potentially and fully utilized for renewable energy, wood-based products and high value-added products such as pytonutrients, phenolics, carotenes and vitamin E. Oil palm biomass can be converted to bio energy with high combustible characteristics such as briquettes, bio-oils, bio-producer gas, boiler fuel, biogas and bio ethanol. Oil palm biomass can also be made into wood-based products such as composite and furniture, pulp and paper and planting medium. The recovery of phenolics from POME as valuable antioxidants has potential drug application. Other possible applications for oil palm biomass include fine chemicals, dietary fibers, animal feed and polymers. There must be a strategic and sustainable resource management to distribute palm oil and palm biomass to maximize the use of the resources so that it can generate revenues, bring benefits to the palm oil industry and meet stringent sustainability requirements in the future. (author)