Archived News

30/11/2011 (Biofuels Digest) - In Malaysia, Prime Minister Datuk Seri Najib Razak said in a speech during the launch of BioMalaysia 2011 and the 2011 Pacific Rim Summit on Industrial and Bio-Energy that the country could reap major benefits as the world’s largest palm oil exporter due to the tremendous potential to use palm oil waste in high-value industrial applications.

30/11/2011 (APP) - Shipping activity remained active at the port where three ships carrying palm oil, furnace oil and phosphoric acid were allotted berths at Liquid Cargo Terminal, FETCH Oil Terminal and Engro Vopak Terminal respectively on Monday, November 28.Meanwhile another container ship also arrive at outer anchorage of Port Qasim during the same day.Berth occupancy was managed at the Port at 54% on Monday where a total of seven ships namely, M.V Fisher-K, M.V Zeynep-k, M.V Wolong Song, M.T Golden Ambrosia, M.T Chembulk Jakarta, M.T Battery Park and M.T Guana Raba are currently occupying berths to load/offload cement, canola seeds, project cargo, chemicals, palm oil, phosphoric acid and furnace oil respectively during last 24 hours.

30/11/2011 (The Star) - Eco Palm Paper Sdn Bhd is making efforts to produce packaging paper in a more environmentally friendly way.

30/11/2011 (Economic Times) - Hindustan Unilever's soaps and detergents margins are likely to come down sequentially in Q3 FY12 owing to higher prices of key raw materials like Palm oil and Benzene, says Macquarie.

30/11/2011 (Bloomberg) - Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses and prices are as 10:19 a.m. in Jakarta.

30/11/2011 (BusinessWorld Online Edition) - Brown Co., Inc. has moved to acquire an indirect stake in a Surigao del Sur mine for $5 million.

30/11/2011 (The Edge Malaysia) - Fund buying of banks and Genting Bhd sparked a rally on Bursa Malaysia on Tuesday, sending the FBM KLCI up more than 22 points or 1.55% as the local market played catch-up with other regional markets and Wall Street.

30/11/2011 (AgriMoney) - Tightened lending practices at some banks may be making themselves felt on agricultural commodity markets, with Oil World blaming them for a slowdown in oilseed purchases.

30/11/2011 (The Swedish Wire) - Oriflame, the international beauty company selling direct, today announced that the company has been awarded 8.5 out of 9 points in the latest Palm Oil Buyers' Scorecard compiled by WWF - World Wide Fund For Nature (also known as World Wildlife Fund). Oriflame's commitment to sustainable palm oil reflects its strategy to improve environmental performance across four areas: sourcing key ingredients sustainably, reducing the company's greenhouse gas emissions, optimising water use and minimising waste.

30/11/2011 (AFP) - Tribal chief Danny Ibang lived most of his life in the pristine jungles of the Malaysian portion of Borneo island until he was pushed into a modern world he was told would be better.

30/11/2011 (Jakarta Globe) - At an event on Merah Putih hill in Cieteureup, Bogor, marking Indonesian Tree Planting Day and the National Month of Planting, the president and the first lady, Ani Yudhoyono, planted a manglid, from the magnolia species.

29/11/2011 (The Star) - While the Roundtable on Sustainable Palm Oil (RSPO) grouping deserve a big pat on the back for its successful 9th Annual Roundtable Meeting (RT9), the least can be said about the RSPO 8th General Assembly (GA8).