Archived News

15/12/2009 (Proactive Investors.co.uk) - Asian Plantations Limited (AIM: PALM), which recently listed in London after successfully raising approximately £5.26 million, said it had entered into an agreement to acquire a 5,850 acre palm oil plantation in Sarawak, Malaysia for a total consideration of £12.4 million.

15/12/2009 (Bernama) - The Bangladeshi government is keen to procure palm oil from Malaysia using its state-owned trading arm to ensure consistent edible oil supply and price stability prevails in the domestic market.

14/12/2009 (Gurumia.com) - Malaysia is rising attempts to overturn the decline pattern in exports of palm oil to Bangladesh, which has dropped drastically this year compared to 2008.

14/12/2009 (Scand Asia.com) - In anticipation of a new report (“Collateral Damage: How the Bogus Campaign Against Palm Oil Harms the Poor”) scheduled for release at the UN climate change negotiations this week, Alan Oxley -- Chairman of the pro-development NGO World Growth and observer at the Copenhagen conference -- released the following statement:

12/12/2009 (Bernama), Dhaka - Malaysia is ramping up efforts to reverse the decline pattern in exports of palm oil to Bangladesh, which has dropped significantly this year compared to 2008.

12/12/2009 (Reuters), London - Unilever, the world’s largest user of palm oil, has suspended purchases of edible oil from Indonesian group Sinar Mas on concerns over rainforest destruction.

11/12/2009 (Reuters) - Consumer goods company Unilever, the world's largest user of palm oil, has suspended purchases of edible oil from Indonesian group Sinar Mas on concerns over rain forest destruction.

11/12/2009 (CNN World) - As we drive through central Sumatra, what looks like a scene from some apocalyptic movie where an unknown force has obliterated all life on earth unfolds before us.

11/12/2009 (Times Online) - A company that produces many of Britain’s best-known household brands has been exposed as contributing to the destruction of rainforests by buying thousands of tonnes of illegal palm oil.

11/12/2009 (Greenpeace) - Indonesian conglomerate, the Sinar Mas group, has extensive interests in both the palm oil and pulp and paper sectors.

11/12/2009 (The Star Online), Petaling Jaya - Malaysia’s palm oil stocks in November stood at 1.934 million tonnes, reflecting only a marginal decrease from 1.974 million tonnes, the highest level year-to-date, recorded in October.

10/12/2009 (Planet Ark), Hamburg - Europe's food industry is proving slow to buy palm oil certified under a new scheme as produced without destroying tropical rain forests, the head of Germany's edible oil industry association OVID said on Wednesday.