Unlike its relative Elaeis guineensis, the African oil palm, it is rarely planted commercially to produce palm oil, but hybrids between the two species are,[6] mainly in efforts to provide disease resistance and to increase the proportion of unsaturated fatty acids in the oil.[7]
^Bailey, Liberty Hyde. 1933. Gentes Herbarum; Occasional Papers on the Kinds of Plants 3(2): 59, f. 32, 35–40, Corozo oleifera
^Cortés, Santiago. 1897. Flora de Colombia : comprende la geografia botanica de Colombia, las leguminosas, la flora terapiutica, 1: 203, Elaeis oleifera