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Major food companies push for "green" palm oil.
From:
Food & Drink Weekly
| Date:
January 28, 2008
| COPYRIGHT 2008 Informa Economics, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Global food and consumer goods companies are backing a plan to certify palm oil--the vegetable oil used in products ranging from margarine to cosmetics, and, increasingly, biodiesel--to ensure that its soaring production doesn't spur greater destruction of tropical rainforests.
The push for "green" palm oil has been joined by Unilever, Johnson & Johnson, Nestle SA and H.J. Heinz Co. The companies have signed up with a consortium of 200 oil producers, commercial buyers and environmental groups to improve the industry's image and avert a consumer backlash.
Almost 90 ...
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