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 launch of the Asian Palm Oil Alliance will help in developing a shared, collective, coordinated and coherent position of the Asian palm oil industry stakeholders.
B.V. Mehta, Solvent Extractors’ Association of India
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.
The Asian Palm Oil Alliance will safeguard the economic and business interests of palm-oil consuming countries, create a level playing field for all fats and oils used in food, feed and oleochemicals in Asia, and work towards increasing the consumption of sustainable palm oil in member countries.
Shri Atul Chaturvedi, Chairman Asian Palm Oil Alliance
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.
We look forward to achieve many milestones together. In the coming years, we believe APOA will emerge as one of the most vital forums to address common problems, interests and aspirations of the global palm oil industry. We expect the Asian Palm Oil Alliance will be soon joined by the palm oil producing countries from Indonesia, Malaysia and Thailand.
Shatadru Chattopadhayay, Solidaridad
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