Archived News

04/07/2012 (Bloomberg) - Malaysia’s exports rebounded, growing more than economists estimated in May after falling for two months, giving the central bank scope to keep interest rates unchanged even as Europe’s debt crisis threatens demand.

03/07/2012 (Bloomberg) - Palm oil climbed to a one-month high on concern that hot, dry weather in the U.S. may curb soybean yields, reducing global cooking-oil supplies.

03/07/2012 (Reuters) - Malaysian crude palm oil futures rose to a one-month high on Monday, driven by a stronger demand outlook for palm oil as a worsening U.S. drought could further tighten global oilseed supplies.

03/07/2012 (Virtual-Strategy Magazine) - Maxx Performance, a leading provider of microencapsulation technologies, has joined the global GreenPalm Sustainability Project to tackle the environmental and social problems created by the production of palm oil.

03/07/2012 (Ethanol Producer Magazine) - Researchers in Southeast Asia have identified an approach to producing ethanol using an abundant waste feedstock that could potentially add a significant source of biofuel production from oil palm plantations. Oil palm empty fruit bunch, which is basically the stem of harvested oil palm bunches, is an abundant biomass waste, with 15 million metric tons generated annually by palm oil mills in Malaysia alone. Malaysia and neighboring Indonesia produce about 90 percent of the world’s palm oil. Usually, the waste is burned or used as mulch. Using the right process, however, about half of that waste can be converted to fermentable glucose to achieve a high-yield ethanol.

03/07/2012 (Food Ingredients First) - The Roundtable on Sustainable Palm Oil (RSPO), the multi-stakeholder initiative that aims to promote the growth and use of sustainable palm oil, introduced its Trademark to the market a year ago. To date, 61 RSPO Trademark licenses across 13 countries have been issued.

03/07/2012 (Reuters) - Malaysia\'s prime minister will launch on Tuesday the $2 billion initial public offering of state-backed IHH Healthcare Bhd, Asia\'s largest private hospital operator, solidifying the country\'s status as Asia\'s top IPO destination this year.

03/07/2012 (MarketWatch) - Stena Weco - the joint venture between Stena Bulk and Weco -- has formed a 50-50 joint venture with Golden Agri-Resources Ltd (GAR), the world's second largest palm oil plantation company.

02/07/2012 (Hindu Business Line) - India's use of palm oil is destroying Indonesian rainforests, says a report

02/07/2012 (Decoded Science) - Biofuels are generally considered green fuels, with a zero net carbon dioxide emission. However, according to a study published in Global Change Biology – Bioenergy in June 2012, this is not the case. Additional greenhouse gases emissions, not considered in the standard models for biofuels emission evaluation, are associated with biofuels production.

02/07/2012 (Jakarta Post) - Publicly listed food company PT Tiga Pilar Sejahtera Food (AISA) plans to further increase the company’s oil palm plantations in the coming years.

02/07/2012 (The Star) - The crude palm oil (CPO) futures contract is expected to remain rangebound this week amid uncertainties in Europe despite the favourable weather in the United States, dealers said.