Archived News

31/10/2012 (How we made it in Africa) - On 30th October in Singapore, Olam is taking part in the 10th annual Roundtable on Sustainable Palm Oil (RT10) – a meeting of producers, traders & processors, NGOs, consumer goods manufacturers, retailers, banks and investors, to discuss progress in the production and use of sustainable palm oil and the challenges faced within the industry.

31/10/2012 (Reuters) - Palm oil futures fell to a near 2-week low on Tuesday as investors feared lower November export taxes in top producer Indonesia could shift demand away from competitor Malaysia while fretting over a slowing global economy.

31/10/2012 (Reuters) - The world's largest edible oil buyers China and India should reduce import tariff to spur demand for eco-friendly palm oil, industry body Roundtable on Sustainable Palm Oil (RSPO) said on Tuesday.

31/10/2012 (Food Manufacture) - Food manufacturers, government and supermarkets have today (October 30) “stated their ambition” to ensure palm oil used in food production is responsibly produced and does not contribute to deforestation by 2015. But a leading retail organisation has insisted the pledge is too “weak”.

31/10/2012 (Business Green) - The government and a group of leading businesses have today unveiled a major pledge to phase out the use of unsustainable palm oil by 2015 in the UK, in a bid to reduce deforestation and tackle climate change.

31/10/2012 (Bernama) - The 10 Entry Point Projects (EPPs) identified to bolster Malaysia's biotechnology sector comprise projects related to biotechnology industry inputs.

31/10/2012 (LBT) - The Plantation arm of Sunshine Holdings, Watawala Plantations PLC (CSE: WATA), recorded a PAT of LKR 186 million for Q2 2012/13 compared to a loss of LKR 16.8 million reported in the same period a year ago.

31/10/2012 (Leader Newspapers) - An Interview with the Director, Division of Agricultural Colleges (DAC), Professor Usman Sheikh Abdullahi. By Abdulmumin Balogun.

31/10/2012 (TODAY Online) - Commodities trader Olam International aims to reach its target of 100 per cent certified sustainable palm oil production in Gabon in four years, joining a long list of growers that are producing environment-friendly palm oil, the Dow Jones news agency reported.

31/10/2012 (AllAfrica.com) - It is full a 2-day drive from the Cameroonian capital Yaoundé to the area in the South West of the country where the American company, Herakles Farms is developing a huge new palm oil plantation, that could eventually cover an area 8 times the size of Manhattan in New York City.

31/10/2012 (NewNet) - By the end of 2015, all palm oil used in the UK government’s food and catering services will be from environmentally-friendly sources, the country’s Environment Minister has announced

31/10/2012 (Hindu Business Line) - Malaysian palm oil exports to India will touch a record high of over two million tonnes in calendar 2012.