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Q: Food vs Fuel? A: Wrong question…We need more efficient markets!

Supply Chain View from the Field

We have another 100M metric tons from animal sources. If we use soybean oil to make biodiesel in this country which promotes palm tree growth in Malaysia – it is not something we can control. We are currently according to the USDA producing over 160M metric tons of refined vegetable oil alone.

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Which Industries Have Been Impacted by UFLPA?

Resilinc

From Q3 2022 to Q2 2023, CBP stopped 3,588 shipments for further evaluation valued at $1,078 million mainly from Malaysia, Vietnam, China, and Thailand. Notably, every single shipment from Malaysia detained by CBP fell under electronics. In total, 1042 shipments were stopped from Malaysia; almost 60% of all stopped electronics.

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Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Dow Chemical, for example, considers environmental concerns a critical feature of its policies and procedures.3