Archived News
17-05-2010
Greenpeace claims sweet victory over Nestle
17/05/2010 (The Sydney Morning Herald (SMH)) - Environment group Greenpeace has claimed social media led to its success in a campaign that linked global food giant Nestle's chocolate bar KitKat to deforestation in Indonesian rainforests and the destruction of orang-utan habitats.
17-05-2010
Palm Oil Tumbles to Lowest Since January on Crude Oil, Soybeans
17/05/2010 (Bloomberg) - Palm oil dropped to the lowest level in more than three months on concern that the global economic recovery may be derailed by European austerity measures, spurring a slump in crude oil and soybean oil.
17-05-2010
Nestle to save orangutans, tropical forests, and our climate
17/05/2010 (Grist) - Finally ... some good news! Today, Nestle, the world's biggest food and drinks company, announced that it will cease using products that drive the tropical rainforest destruction.
14-05-2010
Oil palm industry players urged to set aside land for wildlife
14/05/2010 (The Star Online), Kota Kinabalu - Oil palm industry players here are being asked to create forest corridors to enable wildlife such as orang utan and Borneo pygmy elephants to move within their habitats.
14-05-2010
Vegetable oil imports decline 22 % in April
14/05/2010 (Business Stardard) - Owing to already piled-up stocks at ports, India’s vegetable oil imports dipped by 22 per cent to 5,43,000 tonnes in April as against 6,99,000 tonnes in the year-ago period, the Solvent Extractors Association of India (SEA) has said.
14-05-2010
Boss of palm oil giant Sime Darby departs
13/05/2010 (AFP), Kuala Lumpur - Malaysian conglomerate Sime Darby said Thursday it had asked its chief executive to take leave of absence after huge cost overruns in its energy and utilities division.
14-05-2010
Palm oil to reopen \'large\' discount to soyoil
13/04/2010 (Agrimoney) - Palm oil is to reopen a "large" discount to soyoil, as a rapid growth in output from top-ranked producer Indonesia floods the market with supplies, the US Department of Agriculture has said.
14-05-2010
South Florida\'s plan to battle oil spill will be different from measures used in Gulf
13/05/2010 (South Sentinel) - If oil from the Gulf spill comes to South Florida, a different scene is likely to unfold from the desperate struggle taking place off the Louisiana coast.
14-05-2010
India to Boost Soybean Oil Imports as Premium Drops
13/05/2010 (Bloomberg) - India, the world’s second-biggest vegetable oil consumer after China, may boost imports of soybean oil by 80 percent this year as its premium over rival palm oil drops amid record global output.
13-05-2010
Palm oil squeeze puts brakes on Wilmar\'s growth
12/05/2010 (Agri Money) - Wilmar's strong pace of earnings growth slowed to a trickle in the first three months of the year, as relatively firm palm oil prices slashed margins at its core merchandising and processing business.
13-05-2010
The palm oil debate – how do we create a sober debate?
12/05/2010 (CSR Asia) - Few sustainability issues have received as much attention as palm oil over the past years, and public interest does not seem to go away. It is probably only Shell’s ongoing battles in the early 90s and anti-Nike sweatshop campaigns in the late 90s which garnered as much repeated, global and popular attention. And it appears that we are getting new “revelations†every week through social and traditional media and NGO campaigns (see the article on CSR Asia’s blog on 29th April, written by Erin Lyon).
13-05-2010
Bhel looking at counter-trade deals to secure overseas order
11/05/2010 (Livemint), New Delhi - To secure more orders overseas, Bharat Heavy Electricals Ltd (Bhel) is looking for counter-trade opportunities with other state-owned firms.