A third large round of investment is needed at sustainable palm oil producer New Britain Palm Oil (NBPOL) if the seven-year-old business is to maintain its sales growth, one of the firm's bosses has said.
New Britain Palm Oil (NBPOL) faces a £1bn takeover after receiving a formal notification from Sime Darby Plantation of its intention to make a cash offer for all issued and soon-to-be issued shares.
A major stake in New Britain Palm Oil, which supplies UK manufacturers, is being targeted by Malaysian conglomerate Sime Darby, part of the consortium that acquired Battersea Power Station.
Enzyme-filtration technology enables manufacturers to meet consumer demand for healthier oils and brings further benefits in terms of cost savings and greener production methods, writes Freddie Dawson
Sime Darby has dedicated 34m euros to new facilities, of which a significant amount has been spent on the European innovation centre in the Netherlands it launched last month.
