Archived News
09-11-2013
UPDATE 8-US FDA Seeks To Ban Trans Fats in Processed Foods Due To Health Risks
09/11/2013 (Reuters) - The U.S. Food and Drug Administration on Thursday proposed banning artificial trans fats in processed food ranging from cookies to frozen pizza, citing the risk of heart disease.
09-11-2013
HSBC Accused of Financing Borneo Rainforest Destruction
09/11/2013 (Responding to Climate Change) - HSBC is financing the destruction of forests crucial to the survival of endangered species and the fight against climate change, says new research.
09-11-2013
Mewah Int'l To Acquire 30 MMgy Biodiesel Plant in Malaysia
09/11/2013 (Biodiesel Magazine) - Malaysian palm oil refiner Mewah International Inc. announced it has agreed to purchase biodiesel assets from Gomedic Sdn. Bhd for $13 million. The assets include 25,055 square meters of land, with a lease expiring in 2109, and a 30 MMgy biodiesel production facility.
09-11-2013
NGO Finds Rights Violations on RSPO Plantations
09/11/2013 (Jakarta Post) - After a two-month-long investigation, environmental NGO the Hutan Rakyat Institute, says it has found that a “colonial labor system†that violates workers’ rights is being practiced on oil palm estates certified by the Roundtable on Sustainable Palm Oil (RSPO).
09-11-2013
Palm Swings as Investors Weigh Malaysia Output, Demand Concerns
09/11/2013 (Bloomberg) - Palm oil was little changed as investors weighed speculation that production in Malaysia was lower-than-expected last month, against concern the rally into a bull market will hurt demand.
09-11-2013
Researchers Slam Palm Oil Initiative As Industry Meets
09/11/2013 (China Post) - Forests are still disappearing and local communities disregarded by palm oil development despite a plan to put the sector on a sustainable footing, researchers warned as an industry gathering kicked off Thursday.
09-11-2013
Sustainable Palm Oil: Marketing Ploy or True Commitment? New Research Questions Effectiveness of RSP
09/11/2013 (BusinessGhana) - Members of the Roundtable on Sustainable Palm Oil (RSPO) are violating the rights of indigenous peoples and local communities in the forests and peatlands of tropical nations worldwide, according to a new research publication released today. The study details the performance of 16 oil palm operations, many run by RSPO members, reporting on their failure to uphold human rights and environmental standards required.
09-11-2013
Rotterdam Vegetable Oil Prices
09/11/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1700 GMT.
08-11-2013
VEGOILS-Palm Slips to 1-Wk Low, Investors Eye Output Report
08/11/2013 (Reuters) - Malaysian palm oil futures fell to a one-week low on Thursday, stretching losses into a third day as investors continued to take profits from last week's steep gains, but prices were stuck in a range ahead of key output and inventory data.
08-11-2013
Researchers Slam Palm Oil Initiative as Industry Meets
08/11/2013 (AFP) - Forests are still disappearing and local communities disregarded by palm oil development despite a plan to put the sector on a sustainable footing, researchers warned as an industry gathering kicked off Thursday.
08-11-2013
KLK Makes Foray Into Liberia
08/11/2013 (Business Times) - Kuala Lumpur Kepong Bhd (KLK), one of Malaysia's top five plantation companies, has made its maiden venture into Liberia to expand its oil palm land beyond Malaysia and Indonesia.
08-11-2013
TSH to Play Waiting Game with More Oil Palm Maturing
08/11/2013 (Borneo Post) - TSH Resources Bhd (TSH) foresees a significant improvement in earnings as more of its oil palm areas come into maturity.