$100m deal signed between New Britain Palm and Ferrero for the supply of palm oil. Ferrero the Italian confectionery maker come under pressure to source commodities ethically and to stop using hydrogenated fats and substitute it with sustainable palm oil.
Brands under Ferrero group includes Ferrero Rocher, Nutella and Tic-Tac has stopped using hydrogenated fats to assuage consumers’ health concerns two years ago and now uses palm oil instead. Palm Oil Go Go Go !
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