Archived News
13-11-2008
First Certified Palm Oil Goes to Market
12/11/2008 (Sustainable Business.com) - Palm oil is ubiquitous on supermarket shelves in products ranging from margerine to crackers, from cosmetics to detergents. In fact, about half the products people commonly purchase contain it.
13-11-2008
Sustainable shipment opens new palm oil options
12/11/2008 (WWF News Centre), Rotterdam, NL: The arrival of the first certified sustainable palm oil shipment in Europe opens up possibilities for palm oil users to move away from subsidising forest destruction and social disruption from expanding palm oil plantations.
13-11-2008
Govt to replant 200,000 hectares of old oil palm
12/11/2008 (Daily Express News), Bangi - The Ministry of Plantation Industries and Commodities has target 200,000 hectares of oil palm for the replanting scheme, which will involve trees of more than 25 years old.
12-11-2008
Greenpeace stops palm oil shipments from leaving Indonesia
11/11/2008 (Taiwan News) - Environmental group Greenpeace said Monday it had stopped several palm oil shipments from leaving Indonesia and called for an end to forests and peatlands being destroyed to make way for plantations.
12-11-2008
Government Targets To Replant 200,000 Hectares Of Old Oil Palm
11/11/2008 (Bernama), Bangi -- The Ministry of Plantation Industries and Commodities has target 200,000 hectares of oil palm for the replanting scheme, which will involve trees of more than 25 years old.
12-11-2008
Cautious outlook on palm oil sector
11/11/2008 (The Star Online), Kuala Lumpur - HwangDBS Vickers Research is maintaining a cautious stance on the palm oil sector and believes the recent recovery in the crude palm oil (CPO) price might not last.
12-11-2008
Greenpeace Prevents Palm Oil Shipment
10/11/2008 (Greenpeace), Indonesia - Greenpeace activists today prevented a palm oil shipment from departing for Europe from Dumai, Indonesia's main palm oil export port, to protest against the ongoing destruction of Indonesia's forests.
12-11-2008
New plantations to drive demand for palm oil mills
11/11/2008 (The Star Online), Petaling Jaya - CB Industrial Product Holding Bhd (CBIP) expects its business of designing and building palm oil mills to grow by 50% next year.
11-11-2008
AP to reduce palm oil price for white card holders
10/11/2008 (Money Control), Hyderabad - The Andhra Pradesh Government has decided to reduce the palm oil price being distributed to White Card holders through fair price shops to Rs 35 a litre from the present Rs 45 immediately. The decision was taken by Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, after a meeting with officials of the Civil Supplies, Marketing and Horticulture here on Monday.
11-11-2008
Greenpeace stops palm oil shipments from leaving Indonesia
10/11/2008 (AFP), Jakarta — Environmental group Greenpeace said Monday it had stopped several palm oil shipments from leaving Indonesia and called for an end to forests and peatlands being destroyed to make way for plantations.
11-11-2008
Expert: Palm oil prices have reached the floor
10/11/2008 (Xinhua), Kuala Lumpur - Vegetable oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead, Malaysian media reported on Monday.
11-11-2008
IOI Corp up 1st time in 3 days
10/11/2008 (Business Standard) - IOI Corp (1961), the world’s second- biggest palm-oil producer, gained for the first time in three days in Kuala Lumpur trading after profit beat some estimates and analysts said the stock is undervalued.