MARKET DEVELOPMENT
Sime ships its 1st certified CPO to Unilever
Sime ships its 1st certified CPO to Unilever
04/06/2010 (Business Times) - Sime Darby Bhd, Malaysia’s largest publicly-traded palm oil producer, said it shipped its first so-called segregated certified sustainable palm oil from its facility in Sabah to Rotterdam in Holland on May 29.
The shipment of approximately 3,500 tons of palm oil will arrive in about a month, the Kuala Lumpur-based company said in an e-mailed statement today. Unilever NV will further process the commodity for its “various home, personal care and food products,” it said.