Archived News

06/09/2012 (Reuters) - Malaysian crude palm oil prices slipped on Wednesday to a one-week low on market expectations of rising stockpiles in the world's second biggest producer.

06/09/2012 (The Star) - The Malaysian Palm Oil Board (MPOB) and Maccaferri (M) Sdn Bhd are collaborating to develop the oil separation and recovery process technology for palm oil mills.

06/09/2012 (AFP) - large palm oil plantation project in development in Cameroon since 2010 will put livelihoods and ecosystems in peril if allowed to continue, a US-based think-tank warned Wednesday.

06/09/2012 (The Guardian) - The Federal Government, yesterday, formally handed over 1.3 million seedlings to 18 participating oil palm estates, as part of efforts to boost the commodity’s production in the country.

06/09/2012 (New York Times) - On Tuesday, we told you about land grabs by timber companies in Liberia that are threatening that country’s tropical rain forest. Today environmental groups and forestry experts are abuzz about a project in nearby Cameroon that is overseen by Herakles Farms, an affiliate of the New York-based company Herakles Capital that pursues agricultural initiatives in Africa.

06/09/2012 (The Star) - HSBC expects a medium-term direction of palm oil prices to be underpinned by soft demand, with weak economic growth expectations for major consumers -- China, India and Europe -- capping industrial demand.

06/09/2012 (Business Mirror) - 300 rank-and-file workers of a palm-oil firm in San Francisco, Agusan del Sur, will finally get their benefits amounting to P5 million after the parties finally agreed to resolve their long-standing deadlock in the collective bargaining negotiations.

06/09/2012 (Biodiesel Magazine) - I have heard some confusion and have gotten several inquires about where palm oil sits today under the renewable fuel standard (RFS2). Palm oil is not an approved pathway—at least not yet. I say not yet because EPA has not yet made its direct final rule on the matter.

06/09/2012 (Bernama) - The plantation and commodity sector offers many job opportunities for graduates especially as researchers, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok

06/09/2012 (BERNAMA-NNN-NAN) - The Nigerian government says that it is targeting US$8 billion revenue from palm oil exports under the Agriculture Transformation Agenda (ATA).

05/09/2012 (Bloomberg) - Palm-oil stockpiles in Malaysia, the world’s biggest producer after Indonesia, probably climbed 7 percent in August to the highest level in 11 months as exports lagged behind output, according to a survey.

05/09/2012 (Reuters) - New York venture-finance firm Herakles Capital has withdrawn its application for membership of the Roundtable on Sustainable Palm Oil (RSPO) after complaints by environmental groups about its $350 million project in Cameroon.