Archived News

09/03/2013 (Food Porduct Design) - Cargill’s PT Hindoli oil palm plantation in South Sumatra has received official Indonesia Sustainable Palm Oil (ISPO) certification. The milestone, which recognizes PT Hindoli’s efforts in the sustainable production of palm oil, comes just three months after the Musi Banyuasin Regency in South Sumatra conferred the Platinum MUBA CSR Award for excellence in the Agribusiness and Agriculture sector to the Cargill oil palm plantation.

09/03/2013 (Sydney Morning Herald) - Norway\'s $US710 billion sovereign wealth fund has pulled out of 23 Asian palm oil companies after accusing them of causing deforestation, winning praise from environmentalists.

09/03/2013 (Dorset Echo) - Bosses behind a controversial green energy plant earmarked for Portland want to change the fuel from palm oil to used car tyres.

09/03/2013 (Hindu Business Line) - Indigenous edible oils such as groundnut and rapeseed oil dropped by Rs 5 for 10 kg each on Friday. Cotton refined oil declined by Rs 2. Slack physical demand and higher arrivals of mustard seeds in producing centres pulled down these oils while imported palmolein rose by Re 1 and soyabean refined oil inched up by Rs 5 tracking extended gains in Malaysian palm oil futures. Sunflower oil ruled steady.

09/03/2013 (The Inquirer) - Sime Darby Plantation Liberia (SDPL) in collaboration with local and international partners today, Saturday, March 9, 2013 launch a Sustainable Partnership Initiative (SPI) in Grand Cape Mount County.

09/03/2013 (Environmental Expert) - The rising application of crude palm oil (CPO) across diverse industries and the swelling global appetite for oils and fats, processed foods, cosmetics, and bio-diesel is encouraging the setting up of palm oil mills and refineries in Southeast Asia. This, in turn, is creating a lucrative market for water and wastewater treatment (W&WWT) solutions in the region.

09/03/2013 (Hindu Business Line) - Despite several incentives and subsidies being given by the State and Central governments, oil palm farmers are unhappy with fluctuations in the market price of processed oil and are demanding an MSP of Rs. 6,000 per tonne.

08/03/2013 (Reuters) - An decline of nearly a fifth in output probably eased Malaysian palm oil stocks in February to a six-month low, a Reuters survey of five plantation companies showed on Thursday.

08/03/2013 (Borneo pOST) - Plantation stock research analysts have taken note of various price forecasts for crude palm oil (CPO) average selling prices (ASPs) quoted by several industry experts speaking at the Palm Oil Conference (POC) 2013 which was held in Kuala Lumpur and given their own interpretations of the industry’s forecast.

08/03/2013 (Ghana Web) - Benso Oil Palm Plantation (BOPP) is expected to exhibit sustained and improved fundamental performance this week.

08/03/2013 (Hindu Business Line) - Crude palm oil futures prices are likely to trade on Bursa Malaysia in a range between Ringgit 2,300 and 2,500 a tonne until the end of April as the market has entered the low cycle phase of palm oil production. The market may turn more volatile if elections are called in Malaysia during the period, according to Dorab Mistry, Director, Godrej International.

08/03/2013 (Niagara Frontier Publications) - New York State Comptroller Thomas P. DiNapoli announced Thursday that Dunkin\' Brands Group, owner of Dunkin\' Donuts, has agreed to set a date for sourcing 100 percent of the palm oil used to make its products from sustainable sources.