NBPOL’s £9m UK investment

NEW Britain Palm Oil Ltd (NBPOL) is to invest around £9 million (K37 million) in a new food ingredients processing facility at its palm oil refinery in Liverpool, England.
The new facility will be dedicated to manufacturing bakery and foodservice products made with palm oil that only comes from certified sustainable sources – the first facility of its type in the world, according to NBPOL.
The PNG-based palm oil producer said the new facility would offer a complete range of high quality, affordable, margarine and bakery fats for use in pastries and cakes, puff and short crust pastry, as well as shortenings and bread fats, all containing sustainable palm oil and palm oil fractions from a fully traceable source.
Boxed palm oil will also be produced for the foodservice sector, such as fish and chip shops and restaurants, as well as for smaller food manufacturers who currently do not buy in bulk.
Andy Worrall, director of NBPOL subsidiary New Britain Oils, said the company had seen a lot of interest in sustainable palm oil sourcing from retailers, food manufacturers and the government.
“We have always believed that if we could offer traceable and sustainable palm oil products to the market at competitive prices, then more companies would do the responsible thing and start buying it.
That is why we chose to invest £18 million (K75 million) in our Liverpool refinery in 2009 and is why we are committed to roll out now an even broader range of downstream products via the new packing facility,” Worrall said.