Dow AgroSciences Increases Crop Production to Meet Demand for Next-Generation Canola Oil

Strategic Insights -

Dow AgroSciences LLC has announced that it will increase crop production in 2007 to meet the growing demand for its next-generation canola oil. The company will provide more than 1 billion pounds of the new oil, which will be supplied by Bunge Oil. This oil has unique attributes, including zero trans fat, lower saturated fat, and a high level of heart-healthy omega-9 monounsaturated fat. The switch to this new oil will enable Taco Bell to maintain its unique taste while offering more foods with less trans fat.

Key Takeaways:

  • Dow AgroSciences will increase crop production in 2007 to provide more than 1 billion pounds of its next-generation canola oil.
  • The new canola oil has zero trans fat, lower saturated fat, and a high level of heart-healthy omega-9 monounsaturated fat.
  • The foodservice industry annually uses more than 5 billion pounds of partially hydrogenated soybean oil, which is high in trans fat and higher in saturated fat compared to the new canola oil.
  • The U.S. Food and Drug Administration has announced a health claim for canola oil, stating that it may reduce the risk of coronary heart disease due to its unsaturated fat content.
  • Taco Bell's conversion to the new canola oil demonstrates Dow AgroSciences' ability to help restaurants and foodservice establishments convert to healthier oils.
  • The company estimates that the new oil will replace a significant percentage of the partially hydrogenated soybean oil currently used in the foodservice industry.
  • Bunge Oil will supply the new canola oil to Dow AgroSciences, enabling the company to meet the growing demand for this healthier oil option.

Statistics:

  • 1 billion pounds of next-generation canola oil to be produced by Dow AgroSciences in 2007.
  • 5 billion pounds of partially hydrogenated soybean oil used annually by the foodservice industry.
  • 1 1/2 tablespoons (19 grams) of canola oil per day may reduce the risk of coronary heart disease due to its unsaturated fat content.
  • $3.4 billion in global sales for Dow AgroSciences.

Sources:

  • [Source 1] Dow AgroSciences LLC, (no date mentioned) - "Dow AgroSciences Increases Crop Production to Meet Demand for Next-Generation Canola Oil" - no date mentioned
  • About Bunge North America, (no date mentioned) - "About Bunge North America"
  • About Dow AgroSciences, (no date mentioned) - "About Dow AgroSciences"
  • U.S. Food and Drug Administration, (no date mentioned) - "Health Claim for Canola Oil"