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Abstract:(Reuters) – Indonesia‘s plan to ban palm oil exports will deal a blow to the world’s top food and consumer products companies including Unilever, Procter & Gamble and Nestle.
div classBodysc17zpet90 cdBBJodivpReuters – Indonesia‘s plan to ban palm oil exports will deal a blow to the world’s top food and consumer products companies including Unilever, Procter & Gamble and Nestle.p
pIndonesia counts for more than half of the global supply of the edible oil, which is used in everything from cakes, chocolate, margarine and frying fats to cosmetics, soap, shampoo and cleaning products.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pIt is also key to Ferrero Rocher chocolates and Nutella spread, giving them a smooth texture and longer shelf life.p
pHere is a summary of how much palm oil companies use, based on the most uptodate data available: p
pUNILEVERp
pUnilever said in 2016 that it used about 1 million tonnes of crude palm oil and its derivatives and about 0.5 million tonnes of crude palm kernel oil and its derivatives.p
pIt said it was the largest user of physically certified palm oil in the consumer goods industry.p
pThe company declined to give more uptodate data.p
pNESTLEp
pIn 2020, the maker of KitKat chocolate bars bought about 453,000 tonnes of palm oil and palm kernel oil, mostly from Indonesia and Malaysia, its website says. p
pIt uses about 88 suppliers from more than 1,600 mills in 21 countries. It also buys from Latin America, Africa, and other parts of Asia.p
pPROCTOR & GAMBLEp
pThe company used about 605,000 tonnes of palm oil and palm kernel oil, and their derivatives, in its 20202021 fiscal year, a company document showed. It is used in its fabric and home care categories and beauty products.p
pIts purchases account for about 0.8 of global palm oil production and it sells palm oil byproduct it cannot use. Some 70 of its palm oil is sourced from refineries in Malaysia and Indonesia.p
pMONDELEZ INTERNATIONALp
pThe Oreo cookie maker said that it purchases “large quantities” of palm oil in a securities filing.p
pIt accounts for 0.5 of palm oil consumption globally, according to its website.p
pDANONE:p
pDanone said it purchased a total of 71,000 tonnes of palm oil in 2018.p
pFERRERO:p
pThe Italian maker of Nutella sourced 85 of its palm oil supplies from Malaysia and only 9 from Indonesia in the first half of 2021, according to its website.p
pLOREAL:p
pLOreal said in a 2018 report that it uses less than 370 tonnes of palm oil per year but it purchases derivatives of palm oil and kernel oil equivalent to 71,000 tonnes. p
p
pp Reporting by Josephine Mason and Richa Naidu in London, Mimosa Spencer in Paris, Jessica DiNapoli in New York and Silvia Aliosi in Milan Editing by Alexander Smithp
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