Archived News
25-07-2008
GOV`T LOSES $9M ANNUALLY - Through tax evasion by cooking oil importers
24/07/2008 (Ghanaian Chronicle) - The Chief Executive Officer (CEO) of Unilever Ghana Limited, Charles Alexander Coffie, has disclosed that the government of Ghana loses about $9 million in revenue every year, through illegal activities of some cooking oil importers in the country.
25-07-2008
RSPO accreditation for four firms?
24/07/2008 (The Edge Daily), Kuala Lumpur - Four Malaysia-based plantation companies — IOI Corp Bhd, United Plantations Bhd, Kulim (M) Bhd and Sime Darby Bhd — are likely to secure the Roundtable for Sustainable Palm Oil (RSPO) certification in the next few weeks, industry sources said.
25-07-2008
PTT Chemical Buys Half of Cognis Oleochemicals
23/07/2008 (Red Orbit) - THAILAND'S PTT Chemical Public Co Ltd has bought a stake in Cognis Oleochemicals Sdn Bhd, making it the new partner for Sime Darby Plantation Sdn Bhd.
25-07-2008
Palm Oil Control Board Advocated
24/07/2008 (The Ghanian Times) - The Customer Development Manager of Unilever Ghana, Mr Kwaku Boateng, has called for the establishment of a palm oil control board, to oversee the affairs of palm oil in the country.
24-07-2008
Samsung to Invest $1.63 Billion in Indonesian Biodiesel Project
23/07/2008 (Gas2.0) - According to an article in the Jakarta Post, an official from the Indonesian government has spilled the beans on Samsung’s plans to invest up to $1.63 billion dollars in what’s sure to be a controversial acquisition of land for growing oil palms and construction of a biodiesel plant in Indonesia.
24-07-2008
For the greener good
24/07/2008 (The Hindu Business Line) - Find alternatives to driving whenever possible by taking public transport, by telecommuting, carpooling, walking or biking while doing errands to keep the air and yourself fit and healthy.â€
23-07-2008
Malaysian palm oil slumps to 7-½ mth lows
23/07/2008 (Reuters, India), Kuala Lumpur - Malaysian crude palm oil futures dived nearly 6 percent to plumb more than 7-1/2-month lows on Wednesday as weakness in crude oil seeped into vegetable oil markets across the globe.
23-07-2008
Asiatic earnings support future investments
23/07/2008 (The Edge Daily) - SHARES of Asiatic Development Bhd (RM6) took a tumble in recent days on the back of a fall in crude palm oil (CPO) prices. The benchmark CPO futures contracts fell below RM3,300 per tonne.
23-07-2008
IFC may loan $45 million to develop Yuzhny port palm oil refinery
21/07/2008 (Ukrainian Journal), KIEV – The International Finance Corporation, the private sector arm of the World Bank Group, could give a $45 million credit to Delta-Wilmar CIS to expand its production facilities and develop infrastructure at a palm oil refinery at the Yuzhny port in Odesa, IFC reported on Friday.
23-07-2008
Ghana needs a Palm Oil Regulatory Board - Unilever
21/07/2008 (Ghanaweb.com), Tema - The management of Unilever Ghana Limited on Monday called for the establishment of an Oil Palm Regulatory Board to sustain and promote the sector.
23-07-2008
Ghana needs palm oil regulatory Board&– Unilever Management
22/07/2008 (Modern Ghana) - Management of Unilever Ghana Limited, has called for the establishment of an oil palm regulatory Board towards the development of the oil palm industry in the country.
22-07-2008
Pump makers eye big share in palm oil sector
22/07/2008 (The Star Online), Ipoh - Chun Khong Engineering Trade Sdn Bhd has formed a partnership with the KSB group to clinch about 60% market share for pumps in the global palm oil industry.