Food companies must ensure their supply chains are transparent and socially responsible in order to prevent backlashes from consumer activists and non-governmental groups on Facebook or Twitter, which could have costly brand repercussions.
Food makers enjoying bearish prices for palm oil used extensively
in food applications could see a rise as Malaysia, the world's
number one producer, builds plans to reduce palm oil production,
writes Lindsey Partos.
Dutch producer of oils and fats Loders Croklaan has changed its
company logo in an effort to underline the connection with its
Malaysian parent company IOI Group and emphasize their joint palm
Russian edible oils producer Solnechnie Produkti has reported sales
growth in excess of that for the market as a whole, the second
major producer to do so in as many weeks. As with market leader
NMZhK, Solnechnie Produkti's growth...
After years of Malaysian domination the international palm oil
industry is set to become far more competitive. It is common
knowledge that the Indonesian palm oil industry is gearing up for
increased production, but now Thailand is...