Palm Oil in Paint?

We heard a rumour about palm oil being used in major paint mixes.

Does anyone have any information about this?

Palm oil is grown in areas where rainforest is being decimated to make way for this new “cash crop”, which means it’s hardly the eco-friendly ingredient they’d like you to think it is. Even major American retailer “Burger King” took a stand against the product and announced it would no longer buy palm oil for frying.

If major paint manufacturers are using palm oil, it could just be another reason to switch to ecolour paints.