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... swedish vegetable oil producer aak has acquired us fats and oils maker golden foods/golden brands

... certificates, mass balance and fully segregated palm oil options are not mutually exclusive, but all serve to ensure flexibility in an extremely complex supply chain, claims greenpalm ... palm oil - a complex supply chain the organisation behind the rspo backed palm oil certificate scheme has restated the benefits of the programme in bringing sustainable palm oil to the market, in light of what it calls \"misleading\" claims about it from leading palm oil producer ... earlier this month, the supplier of the food, cosmetics and homecare product ingredient, new britain palm oil limited (nbpol), said a deal to increase the supply of sustainably certified segregated palm oil (cspo) into europe could herald the demise of the greenpalm certification system ... alan chaytor, executive director of nbpol, told this publication that many industry players “view green certificates with a great deal of suspicion as to what effect, if any, purchasing them has on making the palm oil industry sustainable ... ” but bob norman, general manger of greenpalm has retaliated, saying: “the nbpol comments were not in the spirit of the roundtable on sustainable palm oil (rspo) ... ” wide net and new britain, continued the greenpalm boss, only referred to the european market in its comments and did not take into account the fact that very little of global palm oil production is actually destined for european manufacturers’ use

... leading palm oil producer sime darby, looking to meet the increased global demand for the key component of many baked goods, is reported to be involved in an expansion project in africa ... palm oil is the most commonly used vegetable oil worldwide, used in processed foods like biscuits margarine, and ice cream and as a flavouring agent and texturiser, and in cosmetics and personal care products like soap and lipstick ... and malaysian group sime, a member of the roundtable on sustainable palm oil (rspo), is considering plans for a 300,000 hectare plantation in cameroon as the industry rushes to develop palm oil production in africa in response to record high prices for the ingredient, reports the financial times ... 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 indonesian government has implemented a hold on commercial development of forests and peat lands until january 2012 in a bid to conserve rainforest in the country, which accounts for half of global palm oil production ... meanwhile, higher prices in the second half of the year and a contribution from recent asian acquisition kula palm oil boosted revenue growth last year for new britain palm oil (nbpo) - a supplier of “traceable and certified sustainable palm oil

sos corporacion alimentaria sa said it had not discussed a possible offer for its shares from bunge in the talks, in reference to a report in spanish newspaper eleconomista that bunge was mulling a bid for the spanish food group. "in the talks with bunge, no mention of a possible share offer for sos has been discussed," the spanish company said in a filing with the spanish securities regulator. sos said on sept.

... higher export tax would mean indonesia's palm oil products will be more expensive than rival malaysia, potentially slowing exports in november from the world's top palm oil producer ... the trade ministry did not give a reason for the increase but its cuts or raises in export tax are based on the movement of international crude palm oil prices ... malaysian benchmark january palm oil closed up at 3,071 ringgit ($986 ... more than half of indonesia's palm oil exports are in the form of crude palm oil (cpo), whereas rival malaysia ships out mostly higher-value refined products ... an industry ministry official said last week indonesia will "restructure" its export tax policy on crude palm oil, as the levy had not spurred more local processing into downstream products as intended ... the current export tax system, which aims at ensuring adequate domestic supply and reducing volatility in cooking oil prices, allows the government to impose tax rates from 1

... australian olive oil maker kailis organic olive groves has acquired the olive assets of collapsed local agribusiness great southern limited ... according to kailis, the deal will make it the "world's largest vertically integrated organic olive oil producer"

... unilever said its deal with leading supplier, unimills, for segregated certified sustainable palm oil represents a small start for the dutch food and personal care group but takes the company in the right direction in terms of its 2015 total palm oil usage sourcing pledge ... gavin neath, senior vice president of sustainability at unilever said the company was not willing to disclose the precise volumes of segregated palm oil that the food group was sourcing from unimills but he stressed that unilever was now ahead of its plan to derive all of its palm oil from rountable on sustainable palm oil (rspo) certified plantations within a five year timeframe ... he told this publication that this goal was achievable, particularly now as agricommodity giants cargill along with unimills and another leading supplier, ioi, have been landing segregated certified sustainable palm oil (cspo) in rotterdam ... neath said that a great percentage of the snack, margarine and soup mix manufacturer’s products contained the oil, but he would not be drawn on exact figures ... there are serious concerns about the effect of the palm oil industry on the environment, as intensive plantations have cleared habitats for endangered species like tigers and orangutans in south asia, while also adding to carbon emissions ... when asked by this publication if unilever had a strategy in place to reformulate its products to allow for a reduction in the amount of palm oil used by the company, neath stressed that the ingredient offered unmatched cost efficiencies compared to other vegetable oils and the food group was intent on continuing to use it ... “palm oil can be six to ten times more productive than sunflower oil, and if it is cultivated correctly it can be a sustainable crop ... the rspo was set up in 2004 to promote sustainable palm oil use – and changing to palm oil that is sustainable or supports green palm certification has become a major trend for food manufacturers and retailers

... he said olam, in which singapore state investor temasek holdings holds a stake of about 14 percent, plans to develop between 50,000 and 100,000 hectares of palm oil plantations in africa ... palm oil plans olam's plan to develop palm oil plantations in africa comes as indonesia, the world's largest palm oil producer, seeks to impose a moratorium on forest clearing, which might slow the aggressive expansion of plantation firms ... top palm oil companies in the region, including wilmar international, the world's largest palm oil firm, and golden agri, have said that they are also looking to expand the edible oil business to africa ... verghese said the venture into sugar and palm oil was likely to take place after 2011

... several top palm oil buyers, including unilever and nestle, have said they will stop buying from sinar mas after earlier greenpeace accusations that sinar mas units, including app and palm oil producer pt smart tbk, cleared tropical rainforests and peatlands

... several top palm oil buyers, including unilever and nestle, have said they will stop buying from sinar mas after earlier greenpeace accusations that sinar mas units such as pulp and paper firm app and palm oil producer pt smart tbk cleared virgin rainforests and peatlands ... sinar mas' palm oil unit, pt smart tbk, issued a statement saying it was "committed not to plant oil palm trees on peatland, primary forests nor convert land with high conservation value" ... smart's president director, daud dharsono, urged its customers to await the results of an investigation into earlier greenpeace accusations, by the roundtable on sustainable palm oil (rspo) -- an industry body of planters, consumers and green groups -- which are expected in july