23/05/2012 (The Star) - London-listed New Britain Palm Oil Ltd (NBPOL) pledged to have all its palm oil mills 100% Roundtable on Sustainable Palm Oil (RSPO)-certified by end-2012, through fully traceable, segregated and sustainable palm oil.

As a top five producer of RSPO Certified Sustainable Palm Oil (CSPO), in both production volume and area, NBPOL recently enabled the RSPO to achieve six million tonnes of CSPO through the latest certification of its mill in Poliamba, Papua New Guinea (PNG).

Johor state investment firm Johor Corp is a major shareholder of NBPOL, which is is based in West New Britain Province, PNG.

Said Darrel Webber, secretary-general of RSPO: “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.

“Seven per cent 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.”