SINGAPORE (Apr 29): British supermarket chain Iceland fired up controversy last year when it pledged to say no to palm oil, with the view that the commodity was contributing to deforestation in Asia. The supermarket said that, by end-2018, all of its house label food products would not contain any palm oil. It said that by doing so, it would cut demand for the vegetable oil by more than 500 tonnes a year. Iceland’s managing director Richard Walker said at the time he believed there was no “verifiably sustainable palm oil available in the mass market”.

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