Archived News

21/03/2024 (Merco Press), Bolivian President Luis Arce Catacora announced that his country's first biodiesel production plant will start operating next week in Santa Cruz de la Sierra. Although some experts have doubted the project's worth, the Government said that the new undertaking would generate up to US$ 100 million in savings on fossil fuel imports. Supreme Decree 5135 authorizes the addition of up to 25% of vegetable components to conventional fuels.

20/03/2024 (Reuters), Jakarta - Malaysian palm oil futures rebounded on Wednesday, as better export figures and expectation of easing production growth in March supported prices.

20/03/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives turned higher on Wednesday, rebounding from Tuesday’s losses, and tracking a bullish recovery in the Chinese vegetable oil futures, said a dealer.

20/03/2024 (New Straits Times), Kuala Lumpur - The monitoring conducted by the Domestic Trade and Cost of Living Ministry saw a total of 3,903 metric tonnes of subsidised packet cooking oil quota revoked as of Jan 1, the Dewan Rakyat was told today.

20/03/2024 (The Loyola Phoenix), Loyola’s Searle Biodiesel Lab, built in 2013, collects and recycles used cooking oil to create biodiesel capable of fueling Loyola’s intercampus shuttle buses and producing glycerin byproduct used to create BioSoap on campus.

20/03/2024 (NGT News), The diesel engine line of Power Solutions International Inc. (PSI), provider of emission-certified engines and power systems, is now approved for the use of hydrotreated vegetable oil (HVO).

20/03/2024 (Asia Times), Under the relentless sun, I survey the endless rows of oil palm trees stretching out before me.

19/03/2024 (New Straits Times), Kuala Lumpur - Malaysian Palm Oil Council (MPOC) expects a decline in crude palm oil (CPO) prices in April, ranging between RM3,800 and RM4,000 per tonne, from the current RM4,250, due to increased soybean supply from South America and the gradual rise in palm oil production within Malaysia.

19/03/2024 (XM), Jakarta - Malaysian palm oil futures shed early strength to edge lower on Tuesday, in the absence of no new catalysts in the market and weakness in Dalian and Chicago soy oils.

19/03/2024 (Selangor Journal), Kuala Lumpur - The oil palm industry is facing problems or is being affected after the government froze the hiring quota of foreign workers due to the surplus of foreign workers, which actually applies to the manufacturing and service sectors.

19/03/2024 (The Nation Thailand) - This UAE plant is turning used cooking oil into biofuel. Dubai-based Lootah Biofuels hopes its biodiesel will help boost sustainable transportation in one of the world's major oil-producing countries.

19/3/2024 (Atalayar) - Morocco's Professional Federation of Olive Oil Producers announced an ambitious plan to increase the yield of oil-producing plants to 60,000 hectares in order to guarantee food security from edible oils, considered a staple food in the country.