British multinational consumer goods company Unilever has altered some of its recipes to use rapeseed oil instead of sunflower oil owing to a global shortage of the latter triggered by Russia’s war against Ukraine.
Edible oils are the “most significantly impacted commodity sector” that Unilever is currently dealing with, according to the company.
“One of the things Unilever’s good at is flexing our formulations so that we can take advantage of differential cost increases,” chief executive Alan Jope said on a call with journalists to discuss earnings, according to Reuters.
“As supplies of sunflower oil have got really tight from the Ukraine, we’ve been able to switch to other oils like rapeseed oil quite effectively.”