JAKARTA -- Musim Mas, a Singapore-based exporter of Indonesian palm oil, faces "a big challenge" over the European Union's new deforestation regulation, which will particularly impact the country's small individual farmers, a company executive told Nikkei Asia.
Commodities
Singapore-based Indonesia palm oil exporter grapples with EU law
Musim Mas reviews supply chain to comply with deforestation reporting requirement
Indonesia accounts for about 60% of the global production of an oil that finds its way into processed foods, cosmetics and a host of other consumer products. (Photo courtesy of Musim Mas)
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