Archived News

04/08/2010 (The Jakarta Post) - Agriculture Minister Suswono has urged the Riau provincial administration to set aside at least 1 million hectares of oil palm plantation to support an integrated cattle breeding and oil palm (SISKA) program.

03/08/2010 (Farm Chemicals International) - Global demand for palm oil is expected to grow more than 50% by 2020 because of rising popularity and consumption in Asia. China and India are the largest net importers of palm oil, much of which comes from predominantly from Malaysia and Indonesia.

03/08/2010 (Ghana News Agency) - Kwame Korankye, 37, unemployed, was on Tuesday sentenced to 12 months imprisonment in hard labour for stealing two drums of palm oil valued at GHC 500 by the Kade District Magistrate Court.

03/08/2010 (Bernama), Kota Kinabalu - Sabah has developed 1.476 million hectares of land statewide for agriculture.

03/08/2010 (Bernama), Miri - The government is considering a RM20 million allocation under the 10th Malaysia Plan to help oil palm smallholders.

03/08/2010 (Australian Food News) - Edible oils giant Cargill has entered into a supply agreement to provide Unilever’s European operations with 10,000 tonnes of sustainable palm oil.

02/08/2010 (Bdnews24.com), Dhaka – The FBCCI has assured that the price of edible oil will not slip out of reach during Ramadan.

03/08/2010 (The Financial Express), Mumbai - US agribusiness group Bunge Ltd is actively scouting for palm plantations in Indonesia and Malaysia to cater to Asian demand led by India and China, the world’s biggest importers of vegetable oils, the head of its Indian unit said.

03/08/2010 (The Star Online), Kuala Lumpur - MALAYSIA needs to tap the full potential of oil palm biomass such as empty fruit bunches, palm fibre, palm kernel shells and palm oil mill effluent which can be developed into high-income generating renewable resource products for export, said Plantation Industries and Commodities secretary-general Datuk Wira Ismail Salleh.

02/08/2010 (The Star Online), Kuala Lumpur - MALAYSIA needs to tap the full potential of oil palm biomass such as empty fruit bunches, palm fibre, palm kernel shells and palm oil mill effluent which can be developed into high-income generating renewable resource products for export, said Plantation Industries and Commodities secretary-general Datuk Wira Ismail Salleh.

02/08/2010 (The Jakarta Post) - The Indonesian palm oil industry claims to be the victim of a “black campaign” waged by European biofuel producers through Greenpeace and the EU’s renewable energy directive.

02/08/2010 (Press Trust of India) - Buoyed by a firming trend in the global market and pick up in demand from millers and retailers, edible oil prices rose up to Rs 150 per quintal on the wholesale oils and oilseeds market today.