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MARKET DEVELOPMENT  
  25-02-2010

Govt sends warning to ‘disobedient’ firms

25/02/2010 (The Jakarta Post), Nusa Dua - The Environment Ministry has issued another warning against palm oil companies that have failed to abide by the environmental standards set under the compliance instrument of the Environmental Performance Rating Program (Proper).

MARKET DEVELOPMENT  
  24-02-2010

Industry wants palm oil declared as plantation crop

24/02/2010 (Rediff Business) - Indian vegetable oil industry consists of 15,000 oil mills, 600 solvent extraction units, 600 vegetable oil refineries and 250 vanaspati units spread across the country crushing / processing oilseeds, oilcakes, rice bran & processing vegetable oils.

MARKET DEVELOPMENT  
  24-02-2010

Biofuel power plant plan refused

24/02/2009 (BBC News) - An application to build a biofuel power station at Avonmouth, capable of powering 25,000 homes, has been refused by city councillors.

MARKET DEVELOPMENT  
  24-02-2010

BBC Doc Prompts Unilever Drop Palm Oil Supplier Over Deforestation Concerns

24/02/2010 (Eco Razzi) - Consumer product titan Unilever has advised suppliers to stop sourcing palm oil from Indonesian planter, Duta Palma, after an undercover BBC documentary showed the firm allegedly destroying areas of a protected rainforest. This move comes just months after Unilever suspended future purchases from another Indonesian palm oil supplier, PT Smart, for similar reasons.

MARKET DEVELOPMENT  
  24-02-2010

BBC documentary leads Unilever to blacklist Indonesian palm oil company

24/02/2010 (Mongabay.com) - Unilever has told Indonesian suppliers to stop sourcing palm oil from Duta Palma due to concerns over deforestation, reports Reuters.

MARKET DEVELOPMENT  
  24-02-2010

Narborough revenue down 30% after palm oil price slumps

24/02/2010 (IB Times) - Narborough Plantations saw revenue fall nearly 30% in 2009 following a second-half drop in crude palm oil prices.

MARKET DEVELOPMENT  
  24-02-2010

Palm oil edges lower as market awaits export data

24/02/2010 (The Malaysian Insider), Jakarta – Malaysia’s palm oil futures edged down by Wednesday midday, easing further from a 6-½ week peak hit a day before as investors do not want to take positions ahead of Thursday’s release of Feb.1-25 palm oil exports, traders said.

MARKET DEVELOPMENT  
  24-02-2010

Unilever stops buying palm oil from Indonesian planter

24/02/2010 (Reuters) - Consumer goods giant Unilever has told dealers not to source palm oil from Indonesian planter Duta Palma on concerns over rainforest destruction, an Indonesian industry official said on Wednesday.

MARKET DEVELOPMENT  
  23-02-2010

Conflicting signals out of Indonesia on whether palm oil plantations will be classified as forests

23/02/2010 (Mongabay.com) - Indonesia will not allow the conversion of natural forest for oil palm plantations, claimed the country's Forestry Minister Zulkifli Hasan in comments reported by the Jakarta Post.

MARKET DEVELOPMENT  
  23-02-2010

Bidco Uganda May Produce 20,000 Tons of Palm Oil This Year

23/02/2010 (Bloomberg) - Bidco Uganda Ltd., owners of the country’s largest edible-oil refinery, may produce as much as 20,000 metric tons of the product in its first year of operation, Kodey Rao, the managing director said.

MARKET DEVELOPMENT  
  23-02-2010

Danish firm secures Asian biofuel deal

23/02/2010 (The Copenhagen Post Online) - Japanese company invests in Danish straw-based biofuel technology for an undisclosed sum.

MARKET DEVELOPMENT  
  23-02-2010

Take No Pride in Palm Oil Output, Green Group Says

23/02/2010 (Jakarta Globe) - A leading non-governmental organization has urged Indonesia not to take pride in being the world’s biggest producer of crude palm oil because the production process has yet to meet standards for environmental sustainability.