Palm Oil

Cargill bets big on Indian processing operation

Cargill bets big on Indian processing operation

By RJ Whitehead

US agriculture giant Cargill aims to invest Rs50 crore (over US$91m) towards food processing across its Indian operation over the next two years. This figure also includes a US$73m corn milling unit, the head of its India operation has revealed.

Palm oil plantation

French Senate rejects palm oil tax

By Caroline Scott-Thomas

The French Senate rejected its so-called ‘Nutella tax’ on Thursday, which aimed to quadruple the tax on palm oil, a key ingredient in the hazelnut-chocolate spread.

Malaysia slams France’s proposal for ‘Nutella tax’

Malaysia slams France’s proposal for ‘Nutella tax’

By RJ Whitehead

A French politician’s calls for a “Nutella tax” have been met with anger in Malaysia. Central to the terms of the proposal, which will be voted on in Paris this week, lies a 300% duty increase on palm oil imports to the country.

Around 52,000 tonnes of palm oil fruit will come from Thai smallholders

Thai smallholders certified for sustainable palm oil

By RJ Whitehead

Independent Thai smallholders have become the first in the world to be RSPO-certified in a move that will significantly add to the global quantity of sustainable palm oil available on the market.

Indian edible oil processors want change in 2012

Indian edible oil processors want change in 2012

By Ankush Chibber

The Indian edible oil industry is banking on a slew of corrective measures in 2012 to revive its fortunes after the last year ended on a downhill thanks to changes in the Indonesian palm oil tax structure.

DEFRA: China and India must buy into sustainable palm

DEFRA: China and India must buy into sustainable palm

By Elaine Watson

China, India and the US must make firm commitments to sourcing sustainable palm oil if any meaningful progress is to be made on tackling deforestation, according to one UK government minister.

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