Cooking Oil

Savola accused of dumping oil in Iranian market

Savola accused of dumping oil in Iranian market

By Eliot Beer

Savola Group’s Iranian subsidiary is under fire in Iran for allegedly dumping vegetable oil in the market, a month after MPs attacked the Saudi firm’s investments in the country.

India and China must be part of the green palm oil process

Soapbox

India and China must be part of the green palm oil process

By Dave McLaughlin, vice-president of agriculture, WWF US

Currently, RSPO certified palm oil represents 15% of global production, and many of the global brands have made commitments to source 100% certified palm oil by 2015.  

Cereol sells Lesieur

Cereol sells Lesieur

Barely two months after acquiring a majority stake in French oil
processor Cereol, US company Bunge said this week that its new unit
has sold French cooking oil company Lesieur in a bid to reduce its
debt load.

Edison to sell Cereol stake

Edison to sell Cereol stake

Italian power company Edison is in exclusive talks with
agribusiness and food company Bunge to sell its 55 per cent
interest in French cooking oil company Cereol, the two companies
announced in a separate statements this week.

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