Malaysian Palm Oil Association to exit RSPO?

RSPO Malaysia
Many RSPO oil palm grower members are dissappointed with the RSPO's newly revised Principles and Criteria 2013. credit: fdbusiness.com

The Malaysian Palm Oil Association (MPOA) is believed to be mulling over a decision to quit the Roundtable on Sustainable Palm Oil (RSPO) grouping by the end of the year, revealed industry sources.

The 130-member MPOA is the single largest integrated voice that represents the local private plantation industry, including plantation giants such as Sime Darby BhdIOI Corp BhdKuala Lumpur Kepong BhdUnited Plantations Bhd and Felda Global Ventures Holdings Bhd.

Apart from the MPOA, industry sources told StarBiz that at least two local plantation companies which are MPOA members and pioneering members of the RSPO have also cited their intention to quit the RSPO.

“Right now, the MPOA members are considering several options, including the official launch of the Malaysian Sustainable Palm Oil (MSPO) standard, as well as the outcome of the RSPO’s 11th Annual Meeting in Medan, Indonesia, in November before making the exit decision,” added a source who attended the closed-door MPOA AGM here yesterday.

Click here to read the full story.

Did you find this article useful? Join the EB Circle!

Your support helps keep our journalism independent and our content free for everyone to read. Join our community here.

Most popular

Featured Events

Publish your event
leaf background pattern

Transforming Innovation for Sustainability Join the Ecosystem →