Archived News

05/06/2010 (Bernama), Sandakan - The Police's Marine Operations Force (MOF) confiscated 17 tonnes of crude palm oil that was being sold illegally and arrested six men in a raid at the Hai Soon jetty in Batu Sapi, here Friday night.

05/06/2010 (Business Standard) - Prices of select edible oils continued their upward trend this week at the wholesale oils and oilseeds market here on increased buying by vanaspati millers and retailers. A few oils in the non-edible section, also showed some strength on the back of pick up in industrial demand.

05/06/2010 (Star Online), Kuala Lumpur - Sime Darby Plantation Sdn Bhd, a wholly-owned subsidiary of Sime Darby Bhd, shipped out its first segregated certified sustainable palm oil (CSPO) from Kunak in Sabah to Rotterdam on May 29.

05/06/2010 (The York Times News), Jakarta - The environmental group Greenpeace has accused one of the world’s largest pulp, paper and palm oil companies of aggressively clearing Indonesian rain forests and throwing into doubt a landmark billion-dollar deal that aims to fight climate change by curbing deforestation.

05/06/2010 (Bernama), Kota Kinabalu - Palm oil mills in Sabah can produce around 120 Megawatt (MW) of power generated by biomass and biogas, says Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

04/06/2010 (ANTARA News), Jakarta - The government will not allow development of oil palm plantations on peat land in an effort to increase palm oil production, Agriculture Minister Suswono said here on Friday.

04/06/2010 (Bernama), Kuala Lumpur - Sime Darby Plantation, a wholly-owned subsidiary of Sime Darby Bhd, shipped out its first segregated Certified Sustainable Palm Oil (CSPO) from Kunak in Sabah to Rotterdam on May 29.

04/06/2010 (Bernama), Beijing - Malaysia has assured palm oil consumers in China that it will continue to provide latest information on the benefits of the commodity based on research and development programmes.

04/06/2010 (Business Times) - Sime Darby Bhd, Malaysia’s largest publicly-traded palm oil producer, said it shipped its first so-called segregated certified sustainable palm oil from its facility in Sabah to Rotterdam in Holland on May 29.

04/06/2010 (The Financial Express) - India’s palm oil imports ahead of its festival season will tumble 30% to 1.13 million tonne for July-Sep shipments from a year ago, on a high domestic oilseed crush, traders said on Thursday. Palm oil mostly bought from Indonesia has also given up some of its market share to Argentine soyaoil that has narrowed its price difference with palm oil to below $50.

03/06/2010 (The New York Times), London - Ubiquitous in products from cookies to cosmetics, and increasingly in European fuel tanks, too, palm oil is driving the destruction of some of Southeast Asia’s last tracts of untouched rainforest and leading to huge emissions of gases that spur global warming.

31/05/2010 (Business Times) - TRADE in palm oil products should not be victimised by legislation in the European Union (EU), and in Australia, arising from the Western anti-palm oil campaigns, said the Malaysian Palm Oil Council (MPOC) chief executive officer.