Posts

Myanmar’s Fast-Food Boom Is Boosting Palm Oil

A fast food boom is luring Southeast Asia’s top palm oil producers to Myanmar to meet surging demand in the formerly-isolated state. Palm oil imports surged 60 percent in the past six years to 750,000 metric tons, according to the U.S. Department of …

palm oil – Read More…

When Rainforest is Cleared for Palm Oil, a Jet Liner of Carbon is Produced

The production of palm oil, the vegetable oil used in thousands of modern products, has immense environmental consequences, and a new study puts an exact figure on one aspect of it: 174 tons. Used in biofuels, cosmetics, packaging, and food, palm oil …

palm oil – Read More…

Vegoils: Palm oil slumps to near two-year low tracking soyoil

KUALA LUMPUR (Reuters) – Malaysian palm oil futures slumped more than 2 percent on Tuesday to their lowest in nearly two years, tracking weakness in related edible oils. The benchmark palm oil contract for September delivery on the Bursa Malaysia …

palm oil – Read More…

EU to phase out palm oil from transport fuel by 2030

BRUSSELS (Reuters) – EU negotiators on Thursday agreed to phase out the use of palm oil in transport fuels from 2030, setting up a clash with producer countries such as Malaysia and Indonesia. A text of the deal, seen by Reuters, leaves the wording on …

palm oil – Read More…

‘Sustainable palm oil’ may not be so sustainable after all

Vision of an orangutan seemingly under assault from heavy machinery in Indonesia went viral on social media last week, briefly putting the issue of illegal palm oil operations back in the spotlight.

The footage, originally shot in 2014, shows the animal clambering to get away while an excavator pushes the lone tree it is sheltering into the ground.


The men who can be seen pursuing the animal were from International Animal Rescue (IAR) and the Agency for the Conservation of Natural Resources (BKSDA) and were attempting to sedate and capture the animal before relocating it.

In an attempt to stop scenes like this, the World Wide Fund for Nature (WWF) set up the Roundtable on Sustainable Palm Oil (RSPO) in 2004, with industry partners and social-environmental organisations.

And in 2011 the RSPO trademark was launched as a way to certify products containing sustainably grown palm oil.

Today, many of the biggest producers of things such as chocolate, shampoo, chips, household cleaning products, cosmetics, and even pet foods are members of RSPO and claim their palm oil comes from sustainable sources. Read more

EU will limit the use of palm oil as car fuel but won’t stop it

It’s a planet-wrecking fudge. The European Union’s own scientific reports have shown that its renewable energy policies are actually increasing carbon dioxide emissions and driving deforestation. Yet it is only going to tweak some of the offending …

palm oil – Read More…

French farmers block refineries, fuel depots over palm oil imports

PARIS (Reuters) – French farmers have blocked access to oil depots and refineries with tonnes of onions, wood and rubble, as part of a three-day protest over plans to allow Total (TOTF.PA) to use imported palm oil at a biofuel plant. Farmers are concerned …

palm oil – Read More…

French farmers start refinery blockade over palm oil imports

PARIS (Reuters) – French farmers began a blockade of oil refineries and fuel depots on Sunday evening over plans by Total (TOTF.PA) to use imported palm oil at a biofuel plant, which have fanned farmer discontent over unfair competition. The Vatry fuel …

palm oil – Read More…

In pursuit of traceability, palm oil giant tests GPS-based solution

Golden Agri-Resources (GAR), one of the world’s biggest palm oil companies, is testing new GPS-based technology to establish traceability for the palm oil it sources from third-party mills in Indonesia. GAR says it has already achieved traceability, down …

palm oil – Read More…

Palm oil losses deepen for fourth session, hits 1-month low

NEW DELHI: Malaysian palm oil futures extended losses for a fourth consecutive session on Thursday, hitting their lowest in one month on continued concerns about a weak demand outlook, while declines in Chicago soybeans also weighed on the market.

palm oil – Read More…