Archived News

11/08/2012 (Design News) - A team headed by Siemens researchers have developed a substitute material for ABS by making a polymer from starch, palm oil, and carbon dioxide. The new material, a mixture containing poly-hydroxybutyrate (PHB), has similar properties.

11/08/2012 (Phys.Org) - University Teknologi MARA researchers studied carotene and antibacterial effects of microwave heated and conventional heated red palm oil (RPO). They discovered that conventional heating reduced its carotene levels but microwave heating retained a higher carotene content.

11/08/2012 (Biofuels Digest) - In South Sumatra, Indonesia yesterday, the smallholders of Cargill’s PT Hindoli palm oil plantation became the first ever to be certified according to the International Sustainability and Carbon Certification (ISCC) standards of the European Union.

11/08/2012 (The Star) - Key Asian markets fell in the morning session on Friday as investors grew impatient as hopes somewhat faded for more steps to resolve the eurozone debt crisis and boost global growth.

11/08/2012 (Dow Jones Newswires) - Golden Agri-Resources Ltd. (E5H.SG) Friday reported second-quarter net profit fell 39.9% from a year earlier owing to weaker crude palm oil prices and lower volumes on the back of delayed shipments.

11/08/2012 (Daily Observer) - Malaysian oil palm giant, Sime Darby said it has employed additional 574 permanent workers from towns and villages in its concession counties of Grand Cape Mount and Bomi on June 23, 2012.

11/08/2012 (Bernama) - Some 5,703 Chinese and international companies have applied to take up booths at the ninth China-ASEAN Expo (CAEXPO), said Vice-Co-chair and Secretary General of the CAEXPO Organising Committee, Lan Tianli.

11/08/2012 (Business Times) - IGB Real Estate Investment Trust is targeting a market value of RM4.25 billion (US$1.4 billion) when it lists in Kuala Lumpur next month, making it Malaysia’s biggest-listed property trust.

11/08/2012 (Business Recorder) - Malaysian crude palm oil futures ended off an 8-week low on Friday, and posted a fifth straight weekly loss with traders positioning ahead of a key report by the US Department of Agriculture (USDA) later in the day. Palm oil initially went to its lowest since June 15 after cargo surveyor Intertek Testing Services reported a 1.8 percent fall in exports for the first ten days of August from a month ago.

10/08/2012 (Business Times) - It is proposed that the government lowers the current 23 per cent crude palm oil tax to 8 per cent instead of increasing duty free CPO export quota.

10/08/2012 (Liberian Observer) - A new report on the operations of Sime Darby, a Malaysian oil company in western Liberia, says the company may be violating the terms of its concession agreement regarding environmental protection but needs to do a better job of maintaining good relations with community members inside its concession zone.

10/08/2012 (Jakarta Post) - Indonesian palm olein producers have played down concerns over the impact of India’s rising import duties, saying that demand from the biggest state buyer of Indonesian palm oil derivatives would stay robust.