What is Palm Oil?
If you use cosmetics, take showers or even just eat processed foods, chances are you put quite a bit of palm oil onto or into your body. Made from the fruit of an oil palm plant, palm oil is the most commonly used vegetable oil on the planet, and manufacturers have added it to a ton of different consumer products you’ve probably purchased or seen on shelves.
The popularity of palm oil, a traditional African food staple, has exploded in recent decades as a cooking oil. “Global per capita consumption has more than doubled since 2000 to 7.7 kilograms (17 pounds) in 2015,” noted a Bloomberg article written in 2017, citing Gro Intelligence data.
Dekel Agri-Vision PLC (LON:DKL) aspires to become a leading agro-industrial company in West Africa, one that creates value for shareholders whilst at all times placing the interests of the local communities and environment in which it operates in at the heart of its operations.