KUALA LUMPUR (Reuters) – Malaysia’s state palm oil plantation agency, the Federal Land Development Authority, is seeking 6 billion ringgit ($1.5 billion) from the government to help turn itself around, Bloomberg reported on Tuesday. The request will be included in a white paper on the company scheduled to be introduced in parliament on Wednesday, Bloomberg
The UK is defying EU institutions to push for a hike in nominally “sustainable” Indonesian palm oil imports which have nonetheless been linked to deforestation, leaked documents show. The European parliament is currently trying to force a ban on EU biofuels using palm oil, which have driven deforestation and contributed to the loss of 150,000 orangutans in
The London Stock Exchange Group has refused to remove a palm oil company from an influential investment index of environmentally friendly firms, despite a string of allegations of corruption and unsustainable business practices. The group’s index subsidiary, FTSE Russell, has written to environmental groups declining to remove Golden-Agri Resources (GAR) from its FTSE4Good indices, which only include
Palm oil is a tropical oil that originates from the fruit of palm trees. This type of oil is rich in unhealthy saturated fats that can affect your cholesterol levels. Palm oil is a common ingredient in margarine and processed foods. If you currently have, or are at risk of having high cholesterol, talk with
Production Process There are two production processes oils and fats. For materials with high oil contents (over 30%), it uses the pressing process. For raw materials with lower levels of oil, it uses the solvent extraction. In the extraction by pressing the residual oil content of the raw material is around 10%, while in this
