Cargill has announced a new partnership with the World Wildlife Fund-US (WWF) to assess its Indonesian palm oil suppliers on the back of continued concern about palm oil sustainability.
Nestlé has bolstered its sustainable palm oil commitments by partnering with The Forest Trust (TFT) in a move described as “game-changing” for the industry.
Cargill has denied allegations made by the Rainforest Action Network (RAN) which claims that the company has destroyed rainforest for its palm oil plantations.
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.
Segregated sustainable palm oil will be available on the European market in the coming months, as IOI-Loders Crokaan and New Britain open dedicated refineries. The news marks the latest step towards changing the commodity supply chain.
A new initiative is underway to develop to supply chain for oil from the African Allanblackia tree oil in food and personal care products by devising a verification scheme for sustainable and ethical trade.
Food companies must ensure their supply chains are transparent and socially responsible in order to prevent backlashes from consumer activists and non-governmental groups on Facebook or Twitter, which could have costly brand repercussions.
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...
Quality and supply problems stand in the way of buying palm oil entirely from certified sustainable sources, according to Nutella manufacturer Ferrero.
The international chocolate manufacturing company Barry Callebaut is continuing its push into the added-value sector of the confectionery market with the opening of the latest of its ‘Centres of Excellence’ in Dijon.
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.
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.
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...
Conglomorate Sime Darby of Malaysia has entered into a joint
venture agreement with Singapore-based Petra Food to manufacture
and trade finished chocolate confectionery products.
