New Britain Palm Oil
palm oil

New Britain Palm Oil

https://www.newbritainoils.com

About

Established in 1967, New Britain Palm Oil Limited (NBPOL) focuses mainly on palm oil in Papua New Guinea and the Solomon Islands. It manages plantations and operate processing facilities which mostly handle certified sustainable palm material. The company produces and distributes RSPO certified palm oil under the identity preserved model which means its palm oil is traceable to the plantation level. The company is also actively involved in research, focusing on seed production and plant breeding to optimise crop yields in oil palm growing regions.

RSPO Member : Yes RSPO Member : Yes

Environmental, Social, Governance Rating (SPOTT)

94.4%

Environmental, Social, Governance (ESG) rating from SPOTT - Sustainability Policy Transparency Toolkit.
New Britain Palm Oil map

Market cap

Not listed

100% owned subsidiary

Landbank

~140,000

hectares (in Papua New Guinea)

Supply chain position

Upstream–midstream

Grower of oil palm | Processor and trader of crude palm oil and palm kernel oil | Refiner

Refineries / capacity

2

refineries (one in PNG and one in UK)

NDPE Policy

Yes

No Deforestation, No peat, No exploitation

Market served

International, European

Parent Company

Sime Darby

Subsidiaries

New Britain Oils Ltd. Ramu Agri-Industries Limited, Markham Farming Company Limited, Guadalcanal Plains Palm Oil Ltd., Orangerie Bay Plantations Limited, Dami Australia Pty Lid. Ultra Oleum Pte Ltd

Products

Crude palm oil and palm kernel oil (which is often processed at refineries owned by parent company, Sime Darby)

Resources

Bulatlat
Farmers, indigenous peoples thumb down expansion of oil palm plantations
November 5, 2015
Loop
ICCC to start investigation into Markham Farming Company's acquisition
August 31, 2018
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