Archived News

15/07/2008 (Business Standard) - The country's import of edible and non-edible oil jumped 12 per cent during the eight months ended June 30, as against the corresponding period a year ago, according to figures released by the Solvent Extractors' Association of India (SEA).

14/07/2008 (Biodiesel Magazine) - Palm oil has taken the lead in world production of vegetable oils in recent years and is now poised to lead in another area. It is the first commodity to develop a certification program to meet the emerging market demand for sustainable production. This concept is not new to the food industry—certification systems have existed for years in niche markets such as organic, kosher and halal. Certified sustainable palm oil is charting new territory for commodity crops, however, by expanding the areas of concern far beyond environmentally friendly production practices to include corporate social responsibility, and conservation of natural resources and biodiversity.

14/07/2008 (Biodiesel Magazine) - Imagine a three-way chicken and egg question. What came first: the chicken, the egg or the nest? That is the latest conundrum facing anyone trying to get started in the biodiesel business. How does one ensure that over a plant’s life that production will find an open market, access to feedstock, will not contravene local ordinances, and will have a trained and efficient pool of employees?

09/07/2008 (Mongabay.com) - Malaysia\'s Land Development Authority FELDA has announced plans to immediately establish 100,000 hectares (250,000) of oil palm plantations in the Brazilian Amazon.

14/07/2008 (The Star Online) - THE race to attain the Roundtable for Sustainable Palm Oil (RSPO) full certification is hot on the agenda of Malaysian plantation players, given the rising misconception on sustainability and environmental issues among major importing nations particularly in Europe.

14/07/2008 (The Star Online) - UNITED Plantations Bhd is undergoing a major expansion into oil palm plantations in Indonesia after 100 years of solid presence in Malaysia.

14/07/2008 (Morden Ghana) - Mr Akenten Appiah-Menkah, Managing Director of Appiah-Menkah Apino Soap in Kumasi, has called for the establishment of a Palm Oil Development Board to handle issues on the industry.

12/07/2008 (The Daily Star) - Prices of spices increased throughout the week in the capital after the government had raised fuel prices while various edible oils were still selling at higher prices despite a lower rate fixed by the government three days earlier.

12/07/2008 (The Economic Times), New Delhi - Edible oil prices fell across the board during the week ending Saturday, registering a decline of up to Rs 450 per quintal in the national capital on stockists selling, sparked by weakening global oil markets.

12/07/2008 (The Star Online) - ACCORDING to a recent Reuters report, some refineries are overflowing and need to stop operations as there is no real additional demand to take away this surplus.

12/07/2008 (The Star Online), Petaling Jaya - Analysts remain optimistic on the outlook for crude palm oil (CPO) despite the rising palm oil inventory and lagging exports vis-à-vis production during the first half of the year.

11/07/2008 (Bernama), Kuala Lumpur - Oil palm smallholders having plantations 40 hectares and below are exempted from paying windfall profit levy from July 15, Second Finance Minister Tan Sri Nor Mohamed Yakcop said Friday.