Government and industry representatives from the palm oil and rubber sectors in Malaysia have urged the European Union (EU) to withdraw ‘highly demeaning’ clauses within its controversial deforestation regulation, punctuating this with a 500-strong protest...
Indonesia’s palm oil export ban announced earlier this month has left the door open for Malaysia to swoop in and expand its market share – but this will very much depend on contract timings and labour viability, say industry experts.
The palm oil industry in Malaysia is ramping up its efforts to improve labour standards after taking several hits to its reputation and business prospects over the poor handling of human rights issues.
Food ingredients giant Cargill has stressed the rising importance of sustainability claims, especially around palm oil, as it detailed how its latest investment in Malaysia can help manufacturers meet the latest consumer demands.
The European Union’s (EU) new Farm-to-Fork (F2F) Strategy may have been coined in the name of sustainability for its local food chain, but if implemented could have massive cost implications for palm oil exports and major export countries such as Malaysia.
The United Nations Environment Programme (UNEP) and the Roundtable on Sustainable Palm Oil (RSPO) have partnered to raise awareness on sustainable palm oil and strengthen frameworks like that for complaints on compliance.
“The IEA does not accept state money, and all of our research is independent of corporate funding.”
The Institute of Economic Affairs (IEA) has said categorically it does not accept state money, following accusations by a Malaysian media outlet that the UK think tank is in bed with the Malaysian Palm Oil Council and the country’s government.
The palm oil labelling bill in Australia is entering its next phase, with the House of Representatives set to vote on whether it becomes law – and the current government saying it intends to oppose it.
Oilseed analysts are predicting a squeeze on supply of Malaysian palm oil for months to come, as prices are pushed up by farmers’ inability to invest in inputs and poor extraction rates – while demand for fried and oily food is not abating.
Barry Callebaut has successfully closed its acquisition of a 60 per
cent stake in Malaysia's KLK Cocoa - a strategic move expected to
give the Swiss firm leverage to expand in the high-potential
Having announced strong half-yearly results, Malaysian Palm Oil
producer Golden Hope says that it will be looking to markets such
as China to exploit its growing oleochemicals division in an effort
to increase its presence in the...
Swedish manufacturer of speciality vegetable fats Karlshamns has
clarified its position on the ongoing issue that suggests the
production of soybean and palm oil in Brazil and South East Asia is
destroying valuable natural environments.