Malaysia's Felda Global Ventures withdraws RSPO certificates from 58 mills
Published Tue, May 3, 2016 · 10:37 AM
[KUALA LUMPUR] Malaysia's Felda Group, the world's third-largest palm plantation operator, will withdraw certificates of environmentally sustainable operations from 58 of its processing mills, the company said on Tuesday.
Felda Group and its subsidiary Felda Global Ventures Holdings Bhd pulled the certificates that were granted by the Roundtable on Sustainable Palm Oil (RSPO) effective today.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
China’s push for greener aluminium hit by erratic rains, power cuts
Philippines says US, China eyeing mining opportunities, especially in nickel
Gold set for best week in five on renewed US rate-cut hopes
Biden determined to keep US Steel in US hands: White House
Oil holds near one-week high on rising demand hopes after China, US data
India projects biggest power shortfall in 14 years