Latest news with #PalmOil
Malay Mail
6 days ago
- Business
- Malay Mail
Agridence Transitions to Founder-Led Governance, Secures Global Investment to Accelerate Multi-Commodity Compliance Platform
Additional funding allows Agridence to better deliver its traceability modules and ESG solutions across agri-commodity sectors globally. Natural Rubber : The Global Platform for Sustainable Natural Rubber (GPSNR), whose members represent about 50% of the global market, uses Agridence's reporting platform for annual sustainability data submissions. : The Global Platform for Sustainable Natural Rubber (GPSNR), whose members represent about 50% of the global market, uses Agridence's reporting platform for annual sustainability data submissions. Palm Oil: Agridence powers the RSPO Certification, Trade and Traceability System (prisma), supporting RSPO Certified Palm Oil trades and Sustainable Palm Oil Credits. This initiative went live in February 2025, with nearly 20,000 users expected on the system. Agridence powers the RSPO Certification, Trade and Traceability System (prisma), supporting RSPO Certified Palm Oil trades and Sustainable Palm Oil Credits. This initiative went live in February 2025, with nearly 20,000 users expected on the system. Coconut: As the technology partner for the Sustainable Coconut Partnership's SCP Links platform, Agridence is simplifying sustainability reporting, digitizing audits, and increasing transparency. As the technology partner for the Sustainable Coconut Partnership's SCP Links platform, Agridence is simplifying sustainability reporting, digitizing audits, and increasing transparency. Cocoa: The company is driving smallholder inclusion through mapping programs across Africa. SINGAPORE Media OutReach Newswire - 13 August 2025 - Agridence Pte. Ltd. ("Agridence"), a Singapore-based technology leader in digital agri-commodity supply chains, today announced a funding round led by Cercano Management and supported by returning strategic investors EXEO Innovation Fund and Provident. This will empower Agridence to rapidly scale its multi-commodity compliance platform to help its customers by tackling industry-wide challenges such as supply chain opacity, sustainability risks, and fragmented smallholder Gerald Tan, who led Agridence's development since its inception in 2018, has invested additional capital to solidify his position as founder and the single largest individual shareholder of the company. This transition from a corporate venture-built startup to a founder owned and led enterprise underscores Tan's commitment to delivering value to Agridence's Gerald Tan, CEO and Founder of shift to an independent, founder-led model provides better alignment and allows Agridence to address a critical industry need for a truly neutral technology platform that serves all stakeholders without corporate bias." said Yu Minjie, Managing Director at Cercano has evolved from its roots in digitizing physical natural rubber trades to delivering a comprehensive, multi-commodity platform for global MNCs and industry associations. Recent milestones include:Interest is also growing in coffee, cashew, sugarcane, and other sectors. The new funding will accelerate Agridence's go-to-market strategy, supporting entry into new commodity verticals and geographic markets through strategic partnerships and Tan Lim Swee Yong, CEO of EXEO Innovation Fund #investment #impact #globalagrisupplychains #multicommoditysolution #traceability #governance The issuer is solely responsible for the content of this announcement. About Agridence Agridence is a Singapore headquartered agri-tech platform that digitises global agri-commodity supply chains to deliver end-to-end traceability, ESG compliance, and sustainability reporting. Our cloud-native, API-ready software combines AI analytics, geospatial mapping and mobile application data capture to monitor natural rubber, palm oil, cocoa, coconut and other crops end-to-end. Multinational companies, traders, processors and smallholders rely on Agridence to be compliant with the European Deforestation Regulation (EUDR), RSPO, GPSNR and other certification and assurance models. By embedding technology, trust and transparency at scale, we help the agri-commodity sector reduce deforestation risk and build resilient, low-carbon, socially responsible supply chains. The Agridence ecosystem unlocks: Real time supply chain transparency and chain-of-custody tracking Automated environmental, social and governance (ESG) risk analysis Smallholder onboarding and digital payment workflows API integrations with ERP, trading and certification systems By turning complex compliance into competitive advantage, Agridence helps enterprises de-risk sourcing, protect forests, and build a more resilient, sustainable agriculture our agri-commodity compliance platform at , email [email protected] , or follow us on LinkedIn at About Cercano Management Cercano Management is a multi-family office that provides investment advisory and other services to select business owners and their families, foundations, charitable organizations, and related entities. Headquartered in Bellevue, Washington, Cercano manages over US$10BN in global assets as of December 2024 across venture capital, private equity, private credit and public equity strategies. Cercano's Asia headquarters in Singapore focuses on early-stage and private investments and has invested in 30 companies in the region since its inception in July 2019.
Al Arabiya
15-07-2025
- Health
- Al Arabiya
Nature's gift: How Malaysian palm oil is feeding the world sustainably
As global populations surge and food systems strain under pressure, the question of how to feed the world — safely, affordably, and sustainably — has never been more urgent. At the same time, families search for healthier, more nutritious food options. Amid this growing urgency, a vibrant, golden solution is quietly fueling hope: Malaysian Palm Oil. From the lush green heartlands of Southeast Asia, this natural powerhouse delivers nutrition, sustainability, and resilience — offering a vital lifeline to a world in need of more sustainable and efficient choices. Nature's gift to health and wellness In a modern era when every food label gets a second look, Malaysian Palm Oil stands out for all the right reasons. Naturally free from trans fats and cholesterol, it offers a heart-friendly alternative to oils that have long been linked to health risks. But that's just the beginning. This golden oil is a powerhouse of vital nutrients. It's packed with Vitamin E tocotrienols — a potent form of Vitamin E that scientists believe may protect the brain, support cardiovascular health, and fight oxidative stress. Add to that a rich dose of beta-carotene — the same nutrient that gives carrots their vibrant hue — which our body cleverly converts into Vitamin A for strong vision and immunity. And let's not forget Co-enzyme Q10 (CoQ10), the energy-boosting compound that keeps your heart ticking and your cells energized. One of Malaysian Palm Oil's secret superpowers? Its ability to hold up under high heat. It retains its nutritional goodness even during high-temperature cooking — making it the perfect partner for either deep frying , stir-frying, grilling , roasting and even baking. Feeding the world sustainably With food security facing growing pressures worldwide, Malaysian Palm Oil is proving to be an indispensable ally. It's one of the most efficient oil crops on Earth — delivering more oil per hectare than any other vegetable oil. Producing the same amount of oil from alternative crops would require seven to ten times more land — and far more resources. In contrast, palm oil stands out not just for its land efficiency, but also for its minimal need for fertilizers, pesticides, and energy, making it one of the most resource-conscious options available. Malaysia has mastered the art of producing palm oil sustainably, ensuring a steady, affordable supply for markets around the world. This efficiency not only nourishes millions but also eases the strain on land — a win for both people and the planet. And there's more. Malaysian Palm Oil boasts a naturally long shelf life and resistance to oxidation, helping food stay fresher longer. Malaysia's commitment to responsible production offers a comforting promise: nourishment today, security for tomorrow. A relentless pursuit of purity and excellence Behind every bottle of Malaysian Palm Oil is a story of precision, pride, and innovation. The industry is governed by a strict framework of quality assurance, traceability, and regulatory oversight. From plantation to product, every step is carefully monitored to deliver nothing less than world-class excellence. The launch of the Malaysian Sustainable Palm Oil (MSPO) Certification Scheme — now mandatory across the nation — solidified Malaysia's reputation as a leader in ethical palm oil production. MSPO is an independently audited standard for sustainable palm oil production, and now covers over 87percent of the industry, including smallholders who account for 26percent of Malaysia's oil palm plantations, strengthening traceability across the entire supply chain. Producers must adhere to Good Agricultural Practices (GAP) and food safety protocols like Hazard Analysis and Critical Control Points (HACCP), ensuring that consumers get only the best. Advanced refining techniques preserve the oil's natural goodness. Meanwhile, cutting-edge traceability systems mean every batch of oil can be traced back to its source — offering consumers the transparency they increasingly demand. Environmental stewardship woven into every step Malaysia knows that true success isn't just measured in profits — it's measured in preservation. That's why environmental protection lies at the very heart of its palm oil story. Strict zero-burning policies are in place. According to the World Resources Institute's Global Forest Watch, Malaysia achieved a 57percent reduction in primary forest loss as of 2022, demonstrating the success of government and industry initiatives to combat deforestation. High Conservation Value (HCV) areas are fiercely protected. And innovative, biodiversity-friendly farming techniques are being adopted to make sure that forests, wildlife, and indigenous communities thrive alongside economic growth. Since 2019, Malaysian palm oil production has not exceeded 19.85 million tonnes, partly because the oil palm plantation area has decreased by 4.2percent (247,588 hectares) over the past four years. This decline reflects Malaysia's decision to refrain from expanding into new areas to prioritize environmental concerns. Malaysia ensures its palm oil production aligns with ethical and environmental standards through the Malaysian Sustainable Palm Oil (MSPO) certification, now the industry's benchmark for responsible practices. In early 2025, Malaysia raised the sustainability bar even higher with the launch of MSPO 2.0 — the Malaysian Sustainable Palm Oil Standard MS2530:2022. As Belvinder Sron, Chief Executive Officer of the Malaysian Palm Oil Council (MPOC), puts it: 'MSPO 2.0 introduces stricter safeguards against deforestation, prioritizes high conservation value areas, and strengthens the sustainability of smallholder farmers. It is a future-proof framework that ensures Malaysian Palm Oil remains a force for good — environmentally, socially, and economically.' The Malaysian Sustainable Palm Oil (MSPO) standard is inclusive and accessible to all, including small farmers who are a crucial part of the supply chain, ensuring no one is left out of Malaysia's sustainability efforts. With MSPO 2.0 leading the way, Malaysia is setting a new gold standard for responsible agriculture — ensuring that Malaysian Palm Oil continues to contribute meaningfully to global climate goals. A culinary champion in every kitchen From five-star hotel kitchens to cozy family dining tables, Malaysian Palm Oil is the unsung hero behind some of the world's most delicious dishes. With its neutral taste and high smoke point, this oil excels in frying applications, producing crispy falafel and sizzling golden samosas. Additionally, its excellent baking properties are fantastic for baking rich, flaky pastries. Its natural golden color gives food an appetizing glow — enhancing not just the taste, but the very look of every meal. For chefs and home cooks alike, Malaysian Palm Oil delivers reliability, flavor, and nutrition — without the greasy residue. It's the secret ingredient you didn't know you needed, now proudly claiming its place in kitchens around the globe. Fueling more than just meals The versatility of Malaysian Palm Oil stretches far beyond the kitchen. Palm-based oleochemicals such as glycerine and fatty esters are used in skincare, cosmetics, and pharmaceuticals, prized for its moisturizing abilities and ability to carry fat-soluble vitamins deep into the skin. In the energy sector, palm oil derivatives are helping to drive the renewable energy revolution. Palm-based biofuels are emerging as a sustainable alternative to fossil fuels — offering new hope for a cleaner, greener future. From beauty to bioenergy, Malaysian Palm Oil continues to show just how far its benefits can go. Choosing a better future In today's crowded marketplace, it's rare to find a product that truly ticks every box — health, sustainability, transparency, and social responsibility. Malaysian Palm Oil does just that. It's a choice that reflects a commitment not just to personal well-being, but to the well-being of the planet. Whether you're a health-conscious family, a passionate chef, or a forward-thinking entrepreneur, choosing Malaysian Palm Oil means joining a global movement for a better, more sustainable tomorrow. Because at the end of the day, Malaysian Palm Oil isn't just nature's gift. It's a golden opportunity to nourish our bodies, protect our environment, and power a future we can all be proud of.
The Hindu
08-05-2025
- Business
- The Hindu
FMCG volume growth slows to 5.1% in March quarter; rural markets drive growth while metros drag volume
The volume growth of India's FMCG industry has slowed down in the March quarter to 5.1%, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector. The industry reported a volume growth of 6.1% in the March quarter of 2024. Moreover, continuing the trends from the last five consecutive quarters, the rural market, which is mainly a small economy pack units market, continued to grow faster than the urban market. However, its growth has also slowed down. "In Q1 2025, rural consumer demand grew at a slower pace compared to Q1 2024, yet it remained four times faster than growth in urban areas, where consumption further decelerated. Rural markets continued to outperform urban counterparts across most regions of India," it said. The FMCG industry recorded higher unit growth than volume growth in the March quarter, indicating a consumer preference shift toward smaller pack sizes, according to the latest NielsenIQ FMCG quarterly snapshot. In addition, small players — mostly unbranded — have gained ground, with double-digit volume growth, helped by the resurgence of the rural market, inflation, and changing market dynamics. Overall, the FMCG sector reported an 11% year-on-year growth for the March quarter, in which volume growth contributed 5.1% along with a 5.6% increase in prices. Besides sales volume through traditional trade, which includes kirana and neighbourhood shops, has increased. In the metro market, quick-commerce also strengthened its position. "Food consumption growth slowed to 4.9% in Q1 2025 from 6% in Q4 2024, primarily due to decreased volumes in staple categories like edible oils and Palm Oil, which saw price increases,' it said. On a year-on-year basis food consumption growth saw a slight improvement from 4.4% in Q1, 2024. In the March quarter, the food sector reported 7.2% price growth, compared to 0.9% of the corresponding period a year ago. Similarly, the Home and personal care (HPC) categories experienced a consumption growth of 5.7% in Q1 2025, driven by higher demand in rural areas. However, this growth is still lower than the 10.8% volume growth in the corresponding quarter of the previous year. While "Over-the-counter categories, such as rubefacients and analgesics, saw a 14% growth in value sales in Q1 2025, driven by a 10.4% increase in prices," the report said. E-commerce continues to strengthen its presence, significantly impacting the share of offline channels, including modern trade (such as malls) and traditional trade. "This growth is largely volume-driven, supported by increasing online shopper penetration, more purchase occasions, and increasing basket sizes," it said. In eight metros, e-com reported a 13% increase in the top 8 metros (based on data collected from 72 categories), while its all-India urban growth was at 5%. March quarter also witnessed "steady gains" for small manufacturers, which are leading the way in driving consumption, supported by steady volume growth in both Food and HPC categories, it said. "In contrast, larger players are experiencing slower volume growth, which has halved compared to Q4 2024. Low base, rural growth, and easing out inflation are helping small players to outpace FMCG growth," the report said. Small FMCG manufacturers having a turnover below ₹100 crore per year reported a volume growth of 11.9%, and mid players with a turnover between ₹100 to ₹1,000 crore reported a volume growth of 6.4%. Large manufacturers up to ₹5,000 crore recorded a 5.3% volume growth. However, large FMCG makers, the giants with over ₹5,000 crore turnover, had 1.6% volume growth, which is much lower than the 8.1% volume growth. Though they still control 46% of the sales. NielsenIQ India Head of Customer Success, FMCG, Roosevelt Dsouza said, "The FMCG sector is showing mixed signals --- while volume growth is slowing across categories, non-food segments are still outpacing food. Inflation is easing overall, but high edible oil prices are keeping staples expensive. The rural markets continue to drive growth, whereas urban metros continue to see a shift toward e-commerce with higher shopper engagement."
India Gazette
06-05-2025
- Business
- India Gazette
End consumers are unlikely to get benefits of reduced raw material prices by Consumer Companies: Report
ANI 06 May 2025, 16:46 GMT+10 New Delhi [India], May 6 (ANI): Consumer sector companies are unlikely to pass on the benefits of reduced raw material prices to the end customers and instead use this opportunity to improve their gross profit margins, according to a report by Nomura, a global financial services report added that the gross margin of such companies will start improving from second quarter of FY 26 onwards while it will be down year-over-year in the first quarter of FY26. The consumer price inflation (CPI) for the month of March saw a sharp decline, it dropped to a 67-month low of 3.34 per cent, mainly due to a significant decline in food highest moderation in raw materials (RMs) is seen in Wheat, Palm Oil and Crude Oil, while inflation is still seen in Copra, Amla, Milk and Gold.'Most raw material (RM) prices have started to moderate down after remaining inflationary over the past year. Key RMs such as palm oil, wheat and crude oil have softened rapidly by 7-10 per cent over the past month. Given gross profit margins (GPMs) are still under pressure, we believe Consumer companies will direct this softness in input cost towards improving GPM rather than cutting prices in the near-term,' the report deep into the data, in the recent quarter, palm oil prices fell by 7 per cent quarter-on-quarter (q-o-q) and 8 per cent month-on-month (m-o-m), though they are still up 20 per cent year-on-year (y-o-y). It is expected that the palm oil prices will stay stable at these levels for the next few quarters, which could help improve gross margins (GPMs) for food prices also dropped by 11 per cent q-o-q, helped by a good rabi harvest. This should further ease margin pressure for food companies, the report crude oil and HDPE prices declined by 10 per cent and 7 per cent y-o-y respectively. This is an opportunity for paint companies, as well as consumer goods companies with packaging costs linked to crude report mentioned that Robusta coffee prices eased slightly by 4 per cent q-o-q but are still up 29 per cent y-o-y. Prices of palm fatty acid distillate (PFAD), used in making soaps, fell 3 per cent q-o-q and 5 per cent m-o-m. Now, with PFAD softening, the companies in the sector will see their margins prices stayed flat q-o-q after being inflationary for a while, which should benefit food companies, the report added. (ANI)
Scoop
02-05-2025
- Entertainment
- Scoop
Think Kind Student Competition Launch 2025
Press Release – NZ Vegetarian Society Past entries have included artwork depicting ways we can be kind to animals, poems, short stories, home-made films, and many more. The closing date for submissions is August 17th. The annual Think Kind Student Competition, run by the NZ Vegetarian Society (NZVS), is open to entries for 2025! This competition offers the opportunity for students from year 0 to 13 to submit any form of creative work which expresses the importance of kindness towards animals and our planet. The grand prize is $1000, which goes towards the winning students' school, kindly provided by Quorn NZ and the NZVS. Additionally, each entrant receives a certificate and a voucher from Hell Pizza, and the top 10 entrants receive a prize pack, containing products from our amazing sponsors. Past entries have included artwork depicting ways we can be kind to animals, poems, short stories, home-made films, and many more! The 2024 grand prize winner was Harriet Mason, a year 6 student from St Albans Primary in Christchurch. Her pencil drawing of a chimpanzee included the message 'Say No to Palm Oil'. NZVS President, Julia Clements, says of the event, ' It's an excellent opportunity for young kiwis to think about how we can better promote kindness towards all animals. In previous years we've seen such creative interpretations of what this looks like, and it's always exciting to see the way students interact with the ideas of sustainability and reducing animal cruelty. We hope that, as in previous years, we get a lot of community support when it comes to the voting stage later this year!' The closing date for submissions is August 17th. The NZVS judging panel will then select the top 20 entries, which will be go live for public voting on World Vegetarian Day (October 1st). The top voted entry will be revealed as the overall winner a month later on World Vegan Day (1st November)! The competition would not be possible without the generous support of our sponsors: Quorn NZ, Hell Pizza, Solomons Gold, TranzAlpine Honey NZ, Panna Soaps, Goodbye, Trade Aid. The intention of the NZVS is to increase vegetarianism (including veganism), to reduce cruelty to animals, improve human health, protect the environment and preserve world resources. We do this by encouraging plant-based choices through education, information, support, campaigns and research. The NZ Vegetarian Society is for everybody. We are inclusive of everyone on the vegetarian path, from those reducing their use of animal products through to vegans.
