Cargill announced that its palm oil plantation in West Kalimantan, Indonesia, PT Harapan Sawit Lestari (HSL), has received international recognition for its sustainable palm oil practices.
The RSPO (Roundtable on Sustainable Palm Oil) recently certified the world’s second largest group of independent smallholders through its group certification in Indonesia.
Singapore commodities firm Olam International Ltd reported a 48 percent fall in fourth-quarter net profit, citing higher tax charges and challenging market conditions.
Indonesia is confident that an agreement can be reached with Asia-Pacific countries on listing crude palm oil as an "environmental good", a move that would cut trade tariffs and boost exports, a trade ministry official said on Thursday.
Singapore shares rose on Monday, led by palm oil stocks Golden Agri-Resources Ltd and Wilmar International Ltd after Indonesia cut export tax on crude palm oil and raised the proportion of biodiesel in fuel.
Canadian food processor Maple Leaf Foods said it agreed to sell its biodiesel business to Darling International Inc, a food waste recycling company, for about C$645 million ($613.6 million) in cash.
Blommer Chocolate Co. plans to offer 100% R.S.P.O.-certified, mass balance palm oil in the United States following certification from the Roundtable on Sustainable Palm Oil.
IOI Loders Croklaan, a global supplier of commodity and specialty oils and fats, will celebrate on Sept. 5 the grand opening of its Creative Studio in Channahon.
Omega-3 fish oil products producer Omega Protein on Wednesday reported a drop in revenue to USD 41.8 million (EUR 31.4 million) for the second quarter of 2013, compared to USD 47.5 million (EUR 35.7 million) in the 2Q of 2012.
Roundtable on Sustainable Palm Oil (RSPO) has collaborated with Olenex C.V and New Britain Palm Oil (NBPOL) to provide a wide range of fully traceable, segregated sustainable palm oil for the European market.
RSPO commends recently announced collaboration amongst three of the world’s leading players in the palm oil sector to provide a wide range of fully traceable, segregated sustainable palm oil for the European market.
Researchers have outlined the genome sequencing of the oil palm plant and identified a single gene, called Shell, that is responsible for increasing the plant’s yield of oil by 30%.
AarhusKarlshamn (AAK), a Swedish-Danish producer of specialty vegetable oils and fats, has acquired Unipro - a leading supplier of oils and fats to the industrial and bakery markets in Turkey, from Unilever.
A multinational team of scientists have announced that genome sequencing of the oil palm plant and the identification of a single gene, called Shell, that is responsible for increasing the plant's yield of oil by 30 percent.
Ivory Coast palm-oil refinery Sifca has announced plans to invest $417m over the next five years in plantations and factories in Ghana, Nigeria and Liberia.