Archived News

28/07/2008 (Bloomberg), Houstan - New Generation Biofuels Holdings Inc., the Houston-based company that uses vegetable oil and animal fat to make renewable energy, may build four production plants as it ramps up sales to power generators.

28/07/2008 (AFP), Kuala Lumpur — Malaysia will put in place a series of measures to stabilise plummeting global palm oil prices including selling off crude stocks, a report said Sunday.

27/07/2008 (Inquirer.net),Philippines - Local coconut oil refiners are planning to import some 7,000 metric tons of palm olein from Indonesia and Malaysia this year, to help bring down prices of cooking oil in the domestic market.

27/07/2008 (The Economic Times), Kuala Lumpur - Malaysia will put in place a series of measures to stabilise plummeting global palm oil prices including selling off crude stocks, a report said Sunday.

27/07/2008 (The Star Online), Miri - The Government will take urgent measures to counter the drop of international crude palm oil prices.

26/07/2008 (Mongabay.com) - Commodity producers are eyeing one of the world's last relatively untouched tracts of rainforest for development, reports the Wall Street Journal.

26/07/2008 (Bernama), Miri - Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui will meet his Indonesian Agriculture Minister Dr Anton Apriyantono in Jakarta next week to discuss measures to be taken concerning the current downward trend of palm oil prices.

26/07/2008 (The Star Online), Kuala Lumpur - TH Plantations Bhd (THP) is buying a 51% stake in Syarikat Sabaco Sdn Bhd, a plantation company for about RM147.468mil in its move to expand its oil palm cultivation business.

26/07/2008 (The Daily Star) - Nature has been generous in endowing palm oil with a composition that is uniquely balanced between the saturated and unsaturated fatty acids. Even when programming this higher level of saturates in the oil, nature’s consideration for optimisation was already apparent – the biology of the oil palm dictates that this saturate be in the form of palmitic acid (C16:0), the same saturated fatty acid that is most abundant in our body and throughout most of nature’s creations.

26/07/2008 (Bloomberg) - PEC Ltd., a state-run Indian trading company, called for bids to import 12,000 metric tons of palm oil to sell to the nation's poor at below market prices.

25/07/2008 (The Edge Daily), Kuala Lumpur - Malaysia’s crude palm oil (CPO) production may increase to 17 million tonnes this year from an initial forecast of 16.2 million tonnes due to improved palm oil production, Plantations Industries and Commodities Minister Datuk Peter Chin said.

25/07/2008 (The News, International), Karachi - Pakistani manufacturers of edible oil are holding back the benefits of a sharp fall in international price of palm oil as consumers continue to suffer from worst inflation in decades, industry people told The News on Thursday.