In December 2017, Olam Palm Gabon successfully achieved its second RSPO certification for the Bilala mill in Mouila Lot. OPG is the largest RSPO certified plantation ¡°Widely thought to be the next frontier for palm oil, Africa is at great risk of unsustainable palm oil development harming its native forests and incredible wildlife.
What are the key trends in the palm oil industry?
h as food processing, cosmetics, and biofuel.Market Analysis:The palm oil industry is experiencing significant growth, driven by rising global demand for v getable oils and increasing awareness of sustainable sourcing. Agrolearner.com F several key market trends and opportunities:Growing Demand: Palm oil is a versatile and cost-
Does Olam sell palm oil?
Olam is responsible for the physical sourcing of less than 1% of the total volume of palm oil produced globally, 270,000 MT3 selling to customers primarily in Asia, Africa and Europe. We also participate in paper trading of palm oil as a risk mitigation tool. In this scenario, no physical oil is delivered.
Do palm oil companies have zero or no deforestation pledges?
Many palm oil companies have signed zero or no deforestation pledges by applying the High Carbon Stock Approach (an industry standard designed for no-deforestation pledges in fragmented forests. It is known as HCSA). They are mainly operating in Asia where historical logging took place before the environmental measures of today were introduced.