New Britain Palm Oil Praised for sustainability
New Britain Palm Oil Limited, a fully integrated industrial producer of sustainable palm oil, has pledged to have its entire palm oil estates and operations, inclusive of smallholders 100% RSPO-certified by the end of 2012, through fully traceable, segregated, sustainable palm oil.
Darrel Webber, secretary general of RSPO, said: “This landmark achievement in PNG, a significant growing palm oil market encourages us to continue our vision and global effort in the production of sustainable palm oil according to good environmental, social and economic standards.
“7% of annual production capacity is contributed by PNG, which makes it the third largest CSPO producer in the world after Indonesia and Malaysia. Approximately 30% of the oil palm growers in PNG comprise smallholders.
"This is also a great development for Europe, NBPOL’s main market, as the region will benefit from being able to source fully segregated sustainable palm oil contributing over time towards the growth in the overall uptake of CSPO.”
Source: New Britain Palm Oil
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