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... cargill has pledged that the palm oil products it supplies in markets including europe and the us will be certified by the roundtable on sustainable palm oil (rspo) or originate from smallholder growers by 2015 ... it added that the pledge would be extended across all of cargill’s oil and trading businesses to cover 100% of its palm oil products and all customers worldwide, including china and india, by 2020 ... “cargill is an active supporter of sustainable palm and has been a member of the rspo since it was founded ... we hope this commitment will encourage more participation across the supply chain and help rspo palm oil become the mainstream”, said cargill vice chairman paul conway ... “this goal will help us meet the rising demand for sustainable palm oil products amongst manufacturers and retailers, while continuing to encourage palm oil producers to adopt more sustainable practices ... ” cargill said that it already offers rspo certified palm oil products to its customers and its refineries in europe, malaysia, the us and australia have received rspo certification ... its oil palm plantation at pt hindoli in sumatra, indonesia has also been certified and smallholder farmers at this location became the first to be certified under the rspo’s smallholder principles & criteria in 2010 ... it said it also has policies in place for responsible palm production in its own plantations, including not planting on high conservation value forests, not developing new plantations on deep peat land or land that would threaten biodiversity and a strict no-burn policy for land preparation
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... the senate has passed an amendment to the food act requiring that products containing palm oil be explicitly labelled, rather than described as ‘vegetable oil’ ... the bill was passed by coalition votes, and driven by greens senator rachael siewert and independent senator nick xenophon, both of whom have been vocal in their campaigns on the subject of palm oil ... most of the world’s supply of palm oil, an extremely common ingredient in foods and food additives, is produced in malaysia and indonesia, where it is common practice to clearfell forest for plantations ... senator xenophon also emphasised the consumer health aspect of the labelling, saying that australians consume 10kg of palm oil a year without knowing it, and that while other products labelled as ‘vegetable oil’ contain as little as 2% saturated fat, palm oil is 50% saturated fat ... dompok said the bill seeks to encourage “the use of certified sustainable palm oil in order to promote the protection of wildlife habitat” ... “in this context, malaysia is of the view that labeling palm oil purely from the perspective of sustainable production is discriminatory,” he told bernama, the malaysian national news agency ... “it is with great regret and disappointment that the australian senate has not accorded the due attention contributed by the oil palm industry in malaysia and the sustainable practices adopted
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... all palm oil used in the netherlands will be certified by the rspo by 2015, as all the suppliers and buyers in the dutch market have signed a manifesto and pledged to work towards this goal ... palm oil is the most commonly used vegetable oil worldwide, used in processed foods like margarine, ice cream and biscuits as a flavouring agent and texturiser, and in cosmetics and personal care products like soap and lipstick ... as demand for palm oil has increased, so have concerns about its sustainability ... where palm oil plantation areas have expanded in producing countries this has been at the expense of tropical rainforests ... the roundtable for sustainable palm oil is a multistakeholder group formed in 2004 promoting the growth and use of sustainable oil palm products through credible global standards and engagement of stakeholders ... so far a clutch of food manufacturers have given a date by which they will use only sustainable palm oil in their products ... they will all use one of the three rspo-approved trading systems: ‘segregation’, whereby sustainable palm oil is kept apart throughout the entire supply chain from plantation to user; ‘mass balance’, where refineries ensure the volume of certified oil they sell is equal to that which they buy, but it does not need to be the exact same molecules; and ‘book and claim’, where users buy vouchers that cover the premium for the quantity of oil they use, but the oil they receive has not necessarily been sustainably produced
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... "we expect strong growth in 2010 earnings due to high average selling price of crude palm, the one-time income from the sale of the oleochemical business and strong growth at the food division," zulkifli said ... kulim derives about 60 percent of its profits from its plantations business in malaysia as well as png, where it operates via london-listed unit new britain palm oil (nbpol) ... the firm's average selling prices for crude palm oil for 2010 and 2011 may hover around 2,700-2,800 ringgit per tonne on weather concerns, zulkifli said ... "if the new estates offered to us can fit with the principles of the rspo we are interested," zulkifli said, refering to the roundtable on sustainable palm oil -- an industry body that sets standards for producing eco-friendly palm oil ... the firm's unit nbpol bought 25,000 hectares of oil palm estates in png for $175 million from agribusiness giant cargill bringing total holdings to over 113,000 hectares this year ... kulim and nbpol oil palm estates have been certified under rspo standards except for the new aquisitions from cargill
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... oil palm has emerged as the world’s most important vegetable oil source and is essential to meet the food demands of the growing world population that by 2040-2050 will grow to 9 billion from 6 ... oil palm uses less land and generates more oil per hectare compared to all other major oil crops ... thus, yield improvement will be one of the key drivers for sustainable palm oil agriculture in the future ... “the availability of sustainable palm oil continues to grow, and it’s important that food manufacturers acknowledge these sustainability efforts from growers by changing to source sustainable palm oil ... palm has the potential to be world’s most sustainable crop ... the rspo is the best way forward to ensure sustainable palm oil production” ... “unilever has been one of the first moving towards sustainable, segregated palm oil, with a goal of having all palm oil used in europe certified or segregated by 2012, and worldwide by 2015 ... in 2009 unilever purchased 185,000 tons sustainable palm oil by green palm certificates to buy ... palm oil should not be discredited ... in 2010 unilever had cut direct contracts to buy palm oil from an indonesian supplier following a report that the supplier drives rainforest destruction ... ngo’s can play a pivotal part in the way palm oil is produced”, said merlin koene, communication director unilever germany, austria and switzerland during the seminar ... dr ludger breloh, managing director of rewe group’s strategic purchase for organic fruit and vegetables, announced rewe group’s new sustainable palm oil strategy and told the audience about the development of a special pro planet label for sustainable products that reflects their environmental and social commitment ... \"to help bring transparency to the market for sustainable palm oil, wwf published the 2009 palm oil buyer\'s scorecard which assessed 59 european retailers and manufacturers that use palm oil in their products\" said carrie svingen, wwf international manager for markets and communications related to sustainable palm oil and soy
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... the roundtable on sustainable palm oil (rspo), an industry body of consumers, green groups and plantation companies, was formed in 2004 and aims to promote growth and use of sustainable oil palm products ... annual production capacity of rspo-certified sustainable palm oil jumped over the 3 million tonnes mark last month, according to the roundtable ... certification for green palm oil started in august 2008 ... the company, which has palm oil plantations in ghana, nigeria and gabon, produces about 50,000 tonnes per year ... there is already a (palm oil) shortage ... " palm oil is used in products such as food, cosmetics and biofuels ... golden agri-resources, the second-largest plantation company listed in singapore, and the world's biggest listed palm oil firm, wilmar are looking to develop land in africa ... established 1991, siat has invested about 130 million euros in its african palm oil plantation business ... " vandersmissen said the advantages of producing african palm oil for african consumers, is that it keeps transportation costs down at a time when there is a shortage in the region, which also pushes prices higher than in asia ... malaysia and indonesia account for around 90 percent of the world's supply of palm oil ... " "we sell our oil here at much better prices than the world market price," he added ... vandersmissen said that africa imports more than 2 million tonnes of palm oil every year ... on tuesday, malaysia's benchmark january palm oil futures ended near two year highs at 3,053 malaysian ringgit from 3,071 at monday's close ... "people are buying more -- it's the cheapest vegetable oil available
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... the roundtable on sustainable palm oil (rspo) an industry body of consumers, green groups and plantation companies, was formed in 2004 and aims to promote growth and use of sustainable oil palm products ... "we need to increase the uptake of certified oil in the market," jan kees vis, global director sustainable sourcing development at unilever told reuters ... " annual production capacity of rspo-certified sustainable palm oil jumped over the 3 million tonnes mark last month, according to the roundtable ... certification for green palm oil started in august 2008 ... unilever, the world's top palm oil buyer, uses palm oil for products like dove soap and stork margarine ... the anglo-dutch firm said in april that it would more than double this year to 400,000 tonnes its purchases of palm oil production certified as sustainable ... but the certified palm oil sector has been plagued by weak demand due to the higher cost involved ... palm oil planters have also complained that premiums for eco-friendly palm oil are not high enough to encourage production ... but accusations from green groups over deforestation have led to firms such as burger king, nestle and unilever to stop buying palm oil from firms, such as pt smart tbk ... greenpeace has accused the palm oil giant of clearing peatland and forests with high conservation value that shelter endangered species ... 5 million tonnes of palm oil this year, unchanged from 2009 ... "palm oil is the cooking oil of the 2 billion poorest people on the planet
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... the company also operates rubber and palm oil plantation and plans to expand to expand further into sugar plantations in indonesia and increase its oil palm plantation holdings in africa ... 1 listed palm oil firm, said last month it had acquired australia's sucrogen, the world's no
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... epo has a strategic development plan to plant 50,000 hectares of oil palm plantation within 10 years, targeting crude palm oil ('cpo') production of 250,000 tpa (current palm oil price us$925 per tonne cif rotterdam), increasing to 100,000 hectares planted ... initial production of cpo is planned to commence in q4 2010 with the company's first palm oil processing mill already under construction ... it is envisaged that the additional finance will enable all operations across the three plantation areas of palm bay, butaw and river cess, as well as the active out grower programme, to be fast tracked ... importantly it will allow us to focus on our strategic objectives in developing our 169,000 hectare land position which is located between leading oil palm plantation developers sime derby and golden agri, in what is emerging as a prime oil palm development region ... we will now accelerate our activities as we build a west african focussed palm oil company
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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