Palm oil industry associations from five major palm oil importing countries in Asia came together for the first time to form the Asian Palm Oil Alliance (APOA). In 2023, the members hope to welcome select companies or industry organisations operating in the production and/or refining of palm oil in other Asian countries.
The Asian Palm Oil Alliance’s first meeting was held during the Globoil India 2022 summit. Initially, the Solvent Extractors’ Association (SEA) of India will manage the Alliance’s Secretariat, with Shri Atul Chaturvedi, Director of Adani Wilmar Ltd and the President of the extractors’ association heading as chairman.
Sustainable palm oil in Asia
The Alliance commits to work toward promoting sustainable production and consumption of palm oil. During the first meeting, the chairman spoke on the importance of the Alliance’s ability to empower several Asian countries for whom palm oil is a source of affordable food and nutrition.
Solidaridad has experience working as a neutral convenor, bringing multiple stakeholders together that work towards sustainable production and consumption in various regional landscapes across the globe. At the launch, Solidaridad Managing Director Shatadru Chattopadhayay expressed Solidaridad’s enthusiasm in supporting this particular initiative in Asia. He said that in the decades to come, the rising wealth of Asia will further boost the regional demand for palm oil. The Asian Palm Oil Alliance can support this growth in a sustainable way.