Archived News

29/07/2008 (NST Online), PUTRAJAYA - Members of the palm oil industry have so far donated RM1.75 million to the victims of China's Sichuan Province earthquake which happened in May.

29/07/2008 (Business Standard) - Union agriculture minister Sharad Pawar on Monday launched the sale of palm oil at a subsidised rate of Rs 45 a litre in Andhra Pradesh through the public distribution system.

29/07/2008 (The Hindu), Hyderabad - Food and Agriculture Minister Sharad Pawar on Monday launched the sale of palmolein oil through ration shops at subsidised rates.

29/07/2008 (The Hindu), Hyderabad - Union Agriculture Minister Sharad Pawar said the Centre would import one million tonne of edible oil every month for supply to various States for sale to below poverty line families (BPL) at a subsidised price.

28/07/2008 (Bloomberg) - Investors should buy shares of Malaysia's Sime Darby Bhd. and Asiatic Development Bhd. because recent declines following a slump in commodity prices have made them attractive, JPMorgan Chase & Co said.

28/07/2008 (Beyond Chron) - San Francisco is perhaps the largest city in America to implement the use of the alternative fuel, biodiesel. The City's entire diesel fleet, MUNI, Airport Shuttles just to name a few, all use a blend of this more environmentally sound fuel source. The SF Bioufuels Cooperative now numbers over 200 members and alongside the SF Department of the Environment, helped the City to reach it's goal of converting it's entire diesel fleet to the use of biodiesel, ahead of it's December 2007 date. Yet the Bay Area has seen the price of biodiesel rise from it's $3.25 per gallon for B100, or "pure biodiesel" in 2006, to as high as $5.80 today. Why? Benjamin Jordan of the Peoples Fuel Cooperative, is also one of the biodiesel community's leading advocates and co-founder of the Biofuel Recycling Cooperative, one of the architects of the successful "SF Greasecycle", a program run by the BRC & SF Public Utilities Commission, by which restaurant grease is collected around San Francisco and turned into biodiesel. Jordan was kind enough to shed some light on the rising costs of this much needed alternative to our dependance on foreign oil and the important issue of sustainability.

28/07/2008 (Radio New Zealand International) - The Papua NGOs Forum is calling on Indonesia’s government to stop issuing permits for oil palm plantation in Papua province.

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.