Archived News

01/11/2012 (Reuters) - Malaysian palm oil futures inched down on Wednesday as the strongest exports recorded for this year may do little to cut into high stocks at a time when output is surging in the world's second largest producer of the edible oil.

01/12/2012 (Fox Business) - Netherlands-based consumer product giant Unilever (UN) has reduced the use of palm oil in its food products but is using more of the oil in its non-food products, so overall consumption has remained flat in recent years, a senior company executive said Wednesday.

01/11/2012 (Bloomberg) - Palm-oil refining capacity in Indonesia may climb to more than 30 million metric tons next year, exceeding output in the largest producer as companies step up investments following tax changes, according to UBS AG.

01/12/2012 (FoodNavigator.com) - A UK government statement drawing together new and existing pledges on sustainable palm oil falls short of a real commitment to sustainable sourcing, according to the president of the Roundtable on Sustainable Palm Oil (RSPO) Dr Jan Kees Vis.

01/11/2012 (Bristish Baker) - The Food and Drink Federation (FDF) is one of a number of organisations that have stated their intention to source 100% sustainable palm oil by 2015.

01/11/2012 (Platts) - Thailand is set to step up its biodiesel program by raising the compulsory blending ratio of palm methyl ester, or PME, in gasoil to 5% effective November 1.

01/10/2012 (Reuters) - RHB Research downgraded TH Plantations Bhd to 'underperform' from 'market perform' after the company's results for the first nine months of the year came below expectations.

01/11/2012 (Hindu Business Line) - Despite India’s edible oil imports rising, solvent extractors have urged the Government to impose Customs duty on crude palm oil and refined oil imports.

01/11/2012 (The Star) - Chin Teck Plantations Bhd's earnings fell 33% to RM14.62mil in the fourth quarter ended Aug 31, 2012 from RM21.85mil a year ago mainly due to lower revenue and losses sustained by its associates involved in joint ventures (JVs) in Indonesia.

01/11/2012 (Jakarta Post) - Around 700 delegates from more than 35 countries began a two-day conference in Singapore on Wednesday in a continuing campaign to promote certified sustainable palm oil (CSPO) as a trademark for green consumer products.

01/11/2012 (World Resources Institute) - Can the world have its palm oil and forests, too? This is an issue that my colleague and I discussed a while back. I am pleased to say that we recently moved a step toward ensuring that the answer is “yes.”

31/10/2012 (Borneo Post) - The use of green technology in palm oil mills has raised the level of compliance in the state to 93 per cent as of October this year.