Belgium: We are only sure of deliveries for a month

Published Mar 16, 2022

Tridge summary

Belgian potato processors are facing a sunflower oil shortage due to the ongoing conflict in Ukraine and Russia, which account for 75% of Belgium's sunflower oil supply. Ceo of Agristo, Hannelore Raes, is considering alternative options such as sustainable palm oil, despite the price increase. The supply has already come to a standstill for many companies, with many expected to have problems in three to five weeks.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tholen - The news came out last week that it is all hands on deck for the Belgian potato processors. 75 percent of the sunflower oil used in Belgium, for processing into chips and chips, comes from Ukraine and Russia, but the war is causing a shortage. "We are sure of deliveries for about a month, but we are not sure for longer than that," says Hannelore Raes, CEO of Agristo. Two thirds of the total production of the Belgian chip processor is done with sunflower oil. "We should therefore definitely look at alternatives, such as sustainable palm oil. However, as a result of the high demand, prices have also increased. It is now a matter of consulting with customers about switching to alternatives." Hannelore does not see any major problems in the near future. "In the long term, it's just a matter of looking at the coffee grounds, but at the moment we are mainly confronted with the cost increases. In terms of production, we can go a little further for the time being." Dutch ...
Source: AGF

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