central new type sunflower seed oil mill in ethiopia

500kg/h palm oil mill screw palm oil expeller to market in Philippines
                                               
                                               
                                               
                                               
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500kg/h palm oil mill screw palm oil expeller to market in Philippines
                                               
                                               
                                               
                                               
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500kg/h palm oil mill screw palm oil expeller to market in Philippines
                                               
                                               
                                               
                                               
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500kg/h palm oil mill screw palm oil expeller to market in Philippines
                                               
                                               
                                               
                                               
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500kg/h palm oil mill screw palm oil expeller to market in Philippines
                                               
                                               
                                               
                                               
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  • Why is IOI suing RSPO?
  • Palm oil giant IOI Group is suing the Roundtable on Sustainable Palm Oil (RSPO) - an organisation it helped start - over its decision to suspend IOI’s membership on allegations that its subsidiaries flouted guidelines on responsible palm oil development.
  • Why is IOI suing the Roundtable on sustainable palm oil?
  • Malaysian palm oil giant IOI Group has sued the Roundtable on Sustainable Palm Oil over its decision to suspend the company's membership, which IOI says has "caused significant disruption" to its business. Land cleared for oil palm production in Gunung Lumut, East Kalimantan. Image: CIFOR, CC BY-NC-ND 2.0
  • Why was IOI Group suspended?
  • IOI Group was one of the founding members of the Roundtable on Sustainable Palm Oil, but it has been suspended over its operations in the Ketapang area of Indonesian Borneo, where three of its subsidiaries are alleged to have violated a raft of RSPO standards meant to prevent rainforest destruction and social conflict, and some laws.
  • Does IOI sell certified sustainable palm oil?
  • During that time, IOI has been one of the biggest suppliers of RSPO-brand “Certified Sustainable Palm Oil,” or CSPO, to the consumer goods giant Unilever, another roundtable member. IOI’s ability to sell palm oil as CSPO has been suspended, too.
  • What happened to IOI after RSPO suspension?
  • Following the RSPO suspension, IOI - which helped set up RSPO in 2004 and has two representatives on its Board of Governors - lost several major clients including Unilever, Hershey’s, Colgate-Palmolive, Johnson & Johnson, and Procter and Gamble, among others. The suspension was also widely covered in local and international media.
  • Why did IOI drop the stock price on Bursa Malaysia?
  • Earlier this week, the firm’s stock price on the Bursa Malaysia dropped on the possibility of a suspension. IOI submitted an action plan to the RSPO on Wednesday, and a senior manager, Yeo Lee Nya, said the company’s sales of palm oil that has not been certified as sustainable would continue apace.