08 Mar '12, 6am

RSPO-certified palm oil production jumps, generates $21M in premiums for producers via @mongabay #palmoil

RSPO-certified palm oil production jumps, generates $21M in premiums for producers mongabay.com March 08, 2012 Production and sales of palm oil certified under the Roundtable on Sustainable Palm Oil (RSPO) reached record volume in 2011, reports a new analysis published by the multistakeholder body. Production of "certified sustainable palm oil" (CSPO) rose from 1.4 million metric tons in 2009 to 4.8 million tons in 2011, while sales climbed from 343,857 tons to 2.5 million tons. RSPO also reported an increase in membership. "While in 2008, RSPO could count 17 certified mills in just two countries (Malaysia and Papua New Guinea), today there are 29 grower companies with 135 certified mills in six countries: Brazil, Colombia, Indonesia, Malaysia, Papua New Guinea, and the Solomon Islands," the RSPO said in a statement. The group added that premiums to RSPO producers amounted...

Full article: http://news.mongabay.com/2012/0308-rspo_production.html

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