Archived News

17/11/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 9,000 metric tons of palm oil it offered at an auction in Jakarta today.

17/11/2011 (Jakarta Post) - The Roundtable on Sustainable Palm Oil (RSPO), a multi-stakeholder organization that promotes sustainable practices in the palm oil industry, has appointed former agriculture minister Bungaran Saragih as its new advisor in Indonesia, after looking for the best candidate for almost a year.

17/11/2011 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,000 metric tons of the 14,500 tons of the commodity it offered at an auction in Jakarta today.

17/11/2011 (MoneyControl.com) - ICRA Equity Research Service has come out with its report on Godrej Industries (GIL). The research firm has maintained the fundamental grading of '4+' and valuation grading of 'B' to the company.

17/11/2011 (Purcon) - People in procurement jobs at Asda have been instrumental in helping the firm to save over £70 million last year.

17/11/2011 (CIFOR.org) - Smallholder farmers in developing countries risk being left behind in the push to produce sustainable biofuels, deterred by complex and expensive certification schemes, according to a recent CIFOR study.

17/11/2011 (Jakarta Globe) - Police have questioned a researcher who uncovered the torture and killing of orangutans at a palm oil plantation in Muara Kaman, East Kalimantan.

16/11/2011 (Reuters) - Palm olein, a liquid form of palm oil used in cooking and baking, has been considered neutral in its effects on cholesterol but a new Danish study suggests the vegetable fat could behave more like lard in the body.

16/11/2011 (Reuters) - Malaysian palm oil futures ended slightly lower on Tuesday after earlier rising to their highest level in nearly five months as lingering concerns about the euro zone's debt offset robust demand and expectations of falling output.

16/11/2011 (The Star) - The palm oil industry is expected to be the engine of growth for the country in the face of the current global economic slowdown.

16/11/2011 (Reuters) - A number of European biodiesel refiners are likely to go under, and the EU will be under pressure to erect barriers to imports in the coming year as low demand in Europe for the green fuel combines with stiff competition from abroad.

16/11/2011 (Jakarta Globe) - The Roundtable on Sustainable Palm Oil, an organization that promotes sustainable practices in the palm oil industry, appointed Bungaran Saragih, a former agriculture minister, as its new adviser in Indonesia, it said in a statement on Monday.