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Business Daily

Biotech: Guilt-free palm oil?

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 19 October 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

A commodity associated with the destruction of tropical rainforest in South East Asia may soon have a synthetic replacement.

But can it match palm oil's magic properties? Will consumers accept it in their food? And what will it mean for the farmers whose livelihoods depend on palm oil plantations?

Manuela Saragosa speaks to Shara Ticku, co-founder of the biotech firm C16 Biosciences, which is pioneering the new plantation-free product, as well as Anita Neville of Indonesia's largest privately owned palm oil grower, Golden Agri-Resources. Plus Veronika Pountcheva of the international food wholesalers Metro Group explains why they are actively looking at the synthetic alternative.

Producer: Laurence Knight

(Picture: A tub of palm oil; Credit: Edwin Remsberg/Getty Images)

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to Business Daily from the BBC with me, Manuela Saragossa.

0:06.3

Coming up, the unsavory truth about much of the food we eat.

0:10.2

We have around 20,000 food products.

0:13.2

Nearly 50% may contain palm oil.

0:16.4

And it's totally associated with deforestation.

0:19.7

But has the biotech industry come up with a synthetic

0:22.8

alternative without burning down or clearing any tropical rainforest? We make a bio-based palm oil

0:30.2

using fermentation. We feed it sugars and then the yeast grow and they're able to produce

0:37.4

large amounts of oil within their cells.

0:40.8

What it all means for the future of palm oil, that's coming up here in Business Daily from the BBC.

0:49.7

There's a rang tan in my bedroom, and I don't know what to do.

0:55.7

She plays with all my teddies and keeps borrowing my shoe. She destroys all of my houseplants and she keeps on shouting,

1:01.7

ooh. She throws away my chocolate and she howls at my shampoo. Chocolate spread, shampoo,

1:08.6

soap, look around your house and you'll be hard pressedpressed to find a product that doesn't contain palm oil.

1:14.3

But growing palm oil trees has involved the destruction of tropical rainforests, as this advert from 2018 made clear.

1:22.4

There's a human in my forest and I don't know what to do.

1:26.4

We destroyed all of our trees for your food and your shampoo. There's a human in my forest and I don't know what to do. He destroyed all of our trees for your food and your shampoo.

1:30.3

There's a human in my forest and I don't know what to do. He took away my mother and I'm scared.

1:36.2

He'll take me too. There are humans in my forest and I don't know what to do. They're burning it

1:43.2

for palm oil. So I thought I'd stay with you.

1:47.1

That advert was made by Greenpeace here in the UK two years ago for a British supermarket chain called Iceland,

1:53.7

after it removed palm oil from all its own label food.

...

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