Archived News

25/04/2009 (Mongabay.com) - Environmentalists have thwarted plans to establish an oil palm plantation in the Tanoe forest wetlands of southern Cote d' Ivoire (Ivory Coast), reports AFP.

25/04/2009 (Business Times Malaysia) - MALAYSIAN palm oil producers can grow their exports to Senegal when duties are lowered later this year, said Malaysian ambassador to Senegal Datuk Jamiyah Mohamed Yusof.

24/04/2009 (World Watch Institute) - Malaysia-based United Plantations marked the beginning of a new era for the controversial palm oil market last November with its first certified \"sustainable\" shipment.

25/04/2009 (AFP), Abidjan — Ivory Coast's main palm oil company, Palmci, on Friday announced it was abandoning a major plantation scheme in the south of the country after opposition by environmentalists to destruction of a forest.

24/04/2009 (Bernama), Bangi - The Malaysian Palm Oil Board (MPOB) Friday exposed unlawful sale of illegal oil palm seeds and forging transaction documents bearing logos of Sime Darby Plantation Bhd and Felda Agriculture Services Sdn Bhd.

24/04/2009 (TEMPO Interactive), Jakarta - The government has set the standard price for local palm oil exports. The price is expected to become the standard for international palm oil trade. Deputy coordinating minister for the economy, Bayu Krisnamurthi said international palm oil trade had until now been using the commodity market price in Rotterdam, the Netherlands, as its standard.

24/04/2009 (Daily Times, Pakistan), Karachi - The local edible oil and ghee manufacturers have increased prices of their products following the price increase of palm oil products in the international market.

22/04/2009 (The Jakarta Globe) - Singapore. KS Oils, one of India’s major edible oil companies, is considering the purchase of more oil palm plantations in Indonesia as part of its strategy to secure crude palm oil supplies for its fast-growing market, a company official said on Tuesday.

21/04/2009 (The Daily Express), Kota Kinabalu - About RM9 million worth of palm oil was siphoned away while on transit from the processing plants to the ports in the East Coast of Sabah last year.

22/04/2009 (Ghana Web), Kumasi - The Kumasi centre of Alliance Francaise, in collaboration with the French Embassy and CIRAD, an international agronomic institute, has held an exhibition on coconut and the oil palm tree in Kumasi.

21/04/2009 (Mother Nature Network (MNN)) - As fears of global warming continue to rise with gas prices, both corporations and environmentalists are looking into alternative fuel sources. Now, businesses abroad plan to make biodiesel from palm oil, a substance found in common household items like cookies, shampoo, and margarine. Toyota Motor Corp. announced in May that it will partner with Japan’s Nippon Oil Corp. to develop biodiesel from palm oil, and the Malaysian government approved 54 projects this year alone to create B100, a biodiesel based from 100 percent palm oil, the country’s main export.

21/04/2009 (Reuters) - A drive to improve the green credentials of palm oil, used in foods and cosmetics but tainted for some by links to deforestation, could make it too expensive for shoppers and may anyway be of limited environmental benefit.