AAK AB
https://www.aak.comAbout
Established in 2005, following a merger between Aarhus United and Karlshamns AB (both speciality fats and oils companies that were well established in the palm oil industry). AAK is a major player in the global palm oil industry and operates a network of refineries across Europe, the Americas and Asia, selling refined products to large consumer goods manufacturing companies. An early version of Aarhus United (Aarhus Palmekærnefabrik), established in 1871, pioneered the process of fractioning crude palm oil for margarine, as well as the use of palm kernel oil (PKO).
RSPO Member : Yes
Market cap
6,139
Million US$Landbank
0
(AAK does not operate plantations)Supply chain position
Midstream–downstream
Processor and trader of crude palm oil and palm kernel oil | Refiner | Trader and manufacturer of consumer goods, animal feeds and oleochemicalsRefineries / capacity
20
refineries, and in 2018 AAK processed >1,300,000 tonnes of palm oil and oil palm products according to their ACOPNDPE Policy
Yes
No Deforestation, No peat, No exploitationMarket served
International
Parent Company
n/a
Subsidiaries
GreenPalm, AAK Zhangjiagang Limited (China), AAK Kamani (India), MaasRefinery B.V. (Netherlands).
Products
Oil-derived food ingredients for baking including shortenings, laminating fats, frying oils and margarines, as well as for chocolate and confectionery. AAK also produce technical products and feed (glycerine and fatty acids).
Resources
Pioneering sustainable palm oil in India
February 8, 2021Investigative Report: Enough is Enough
June 8, 2018AAK Lags in Implementation of NDPE Best Practices
January 1, 2019Continue reading
