BoE considers palm oil as tallow alternative for polymer notes

new-fiver
Could palm oil be the new tallow? The Bank of England issues a consultation to find out

Palm oil could be used to make the new £20 ($25) banknotes if the Bank of England (BoE) deems it a suitable alternative to tallow – a by-product of animal fat, which sparked controversy last year when it was revealed as a trace element in the new £5 notes.

In a consultation paper published today (March 30), the BoE said it had been liaising with polymer producer Innovia and printer De La Rue to assess alternative options to tallow.

“Their conclusion is that the only practical alternative to

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