BY NEIL HODGSON
NEW BRITAIN PALM OIL has announced a supply deal with Singaporean plantation owner Wilmar International that could increase capacity at its Liverpool refinery in the UK.
New Britain specialises in providing palm oil from sustainable resources in PNG and opened the new $30 million refinery last year.
It is constantly increasing capacity and the deal with Wilmar could see the plant producing more specialist types of palm oil for various food sectors in the UK.
The deal involves a supply chain to provide continental Europe with fully traceable and segregated palm oil from New Britain’s plantations.
Palm oil sourced from sustainable resources is considered the most ethical and environmentally-friendly for indigenous eco-systems and wildlife.
Different versions of palm oil are needed for the production of different kinds of food.
The continental Europe palm oil market has a capacity of approximately five million tonnes a year.
Wilmar’s Brake refinery can produce 700,000 tonnes a year, of which about 300,000 tonnes will be provided by New Britain.
Source: Liverpool Daily Post