Political decisions encouraging biofuel production from palm oil is causing deforestation in Indonesia and not the low tonnage sourced by Kit Kat maker Nestlé, according to the chairman of the Swiss based food company.
Groupe Casino’s plan to remove palm oil from its own brand food products for environmental and health reasons are misguided, according to a RSPO representative.
Leading UK manufacturer of biscuits and snacks United Biscuits said it is reappraising its water efficiency, transport carbon emissions, food waste and packaging reduction targets, as its progress to date on these commitments, it claims, has exceeded...
General Mills is facing accusations that the palm oil used in its food products is sourced unsustainably, and is strongly linked to deforestation in Southeast Asia.
The globe’s two biggest food firms, Nestlé and Kraft, have launched internal investigations after a Greenpeace report claimed both purchase palm oil from Indonesian company PT Smart whose parent group Sinar Mas allegedly engages in widespread illegal...
The WWF claims the pledge by UK cake and bread manufacturer, Premier Foods to take action on palm oil, by joining the GreenPalm certificate trading programme, will spur other manufacturers to follow suit.
The World Wildlife Fund (WWF) is set to step up scrutiny of how manufacturers source their palm oil over the next six months after a poor industry response to purchasing sustainable shipments of the ingredient.
The palm oil industry is claiming a major triumph in terms of sustainability ahead of an incoming shipment of the product to Europe next week, which is seen by some as a milestone for ethical sourcing.
Malaysian multinational Sime Darby is to channel €34m into
expanding its value-added oils and fats presence in Europe,
including upgrading its existing Unimills facility and setting up
new palm oil facilities.
Blending palm kernel oil, extracted by supercritical carbon
dioxide, and palm oil leads to new cocoa butter replacers (CBR),
offering cheaper alternatives with good physical and chemical
properties.
Leading US ingredient firm Cargill last week reported strong fiscal
year earnings, although the performance of the firm's food
ingredients business lagged the year-ago level.
Palm oil is a "reasonable alternative" to trans fatty acids,
according to an independent group of nutrition, medical and
manufacturing experts who examined the oil's functionality in food
products and possible impacts...
Edible oils market in the UK undergoes change as Anglo-Dutch
conglomerate Unilever announces plans to divest its seed oils and
cooking fats business to canned fish and meat firm Princes.
Food makers enjoying bearish prices for palm oil used extensively
in food applications could see a rise as Malaysia, the world's
number one producer, builds plans to reduce palm oil production,
writes Lindsey Partos.
Dutch producer of oils and fats Loders Croklaan has changed its
company logo in an effort to underline the connection with its
Malaysian parent company IOI Group and emphasize their joint palm
oil strategy.
Russian edible oils producer Solnechnie Produkti has reported sales
growth in excess of that for the market as a whole, the second
major producer to do so in as many weeks. As with market leader
NMZhK, Solnechnie Produkti's growth...
Polish food oils manufacturer Elstar Oils has confirmed that it is
starting a joint venture company with the Malaysian palm oil giant
Premium Nutrients Berhadze.
Faced with capacity problems due to growing business over recent
years Danish emulsifier supplier Palsgaard has poured €10 million
into expanding its emulsifier facilities in Denmark.
Dutch supplier of palm oil-sourced food products Loders Croklaan
has consolidated its position in the growing palm ingredients
market, agreeing this week to buy Malaysian palm oil specialities
company Soctek.
After years of Malaysian domination the international palm oil
industry is set to become far more competitive. It is common
knowledge that the Indonesian palm oil industry is gearing up for
increased production, but now Thailand is...
Malaysian plantations giant Golden Hope Plantations (GHPB) is
planning to expand its operations in Europe. The company, one of
the top 20 companies listed on the Kuala Lumpur Stock Exchange,
wants to establish a new plant for the...
Anglo-Dutch food and consumer products giant Unilever is putting
its Malaysian palm oil estates up for sale, according to a report
in the Malaysian publication, Business Times.
The palm oil industry, which catapulted Malaysia and Indonesia into
the global oils trade, may emerge as a new lifeline for the
troubled island of Mindanao.
A consortium of Malaysian scientists, working with the
Massachusetts Institute of Technology, is designing a way to
harvest plastic from the fronds of oil palm trees.