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Unilever To Build Environment-Friendly Palm-Oil Processing Plant In Indonesia

April 23, 2012: 02:13 AM EST
Unilever PLC said it plans to build a $100 million palm-oil processing plant in Indonesia as part of its efforts to find sustainable sources for manufacturing materials. Expected to manufacture about 10 percent of Unilever's annual palm-oil requirements, the proposed processing plant will use sustainably produced oil palm fruits in Sumatra. Unilever consumes 1.36 million tons of palm oil, making the company the world's biggest consumer of the commodity.
Paul Sonne, "Unilever Takes Palm Oil in Hand", Wall Street Journal, April 23, 2012, © Dow Jones & Company, Inc.
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