Archived News

15/1/06 (The Star) - JOHOR BARU: Research will be conducted by Universiti Teknologi Malaysia (UTM) on the feasibility of using palm oil-derived biofuel to power gas turbines, the first such study in the world.

15/1/06 (RedNova) - WHEN the Malaysian Palm Oil Board first started its palm oil-as- fuel research in the 1980's, it all seemed pretty academic because diesel was less than a ringgit a gallon while palm oil was a FOOD - too expensive to burn as fuel. At that time, barrel oil was also USD18 a barrel.

16/1/06 (The Malay Mali) - SEJATI Oil Palm Feed Sdn Bhd's shareholders may sell as much as 50 per cent of the company to raise capital to proceed with a plan to build a fibre feed processing plant, said its managing director and dominant shareholder Zainal Ahmad.

13/1/06 BUKIT TINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.

16/1/06 ZHENGZHOU (Asia Pulse) - Despite decrease of import of soybean oil, by nearly one million tons and that of rapeseed oil, by 120,000 tons, China's consumption of oil crops for extracting oil increased as a whole in the 2004/2005 crop year, thus increasing the supply of edible oil as a whole in the year.

16/1/06 (Business Standard India) - Differences between India and Asean countries continue over how much bilateral trade should be covered by a proposed free trade agreement.

13/1/06 BUKITTINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.

14/1/06 KUALA LUMPU (The Star) - Felda Holdings Bhd expects to invest at least RM100mil to develop an alternative crop as part of efforts to diversify the income source of its settlers, said chairman Tan Sri Dr Mohd Yusof Noor.

5/1/06 (Reuters) - Indonesia has raised the base export prices of some palm oil products, Trade Minister Mari Pangestu said on Thursday (5/1/06).

13/1/06 JAKARTA (Asia Pulse) - Executive Director of Indonesia's Joint Marketing Office of PT. Perkebunan Nusantara (PT.PN), Bagas Angkasa predicted that the price of crude palm oil (CPO) on the domestic market would increase in February and March, 2006, due to declining output and increasing demand, and a plan to build biodiesel factories in Asia and Europe.

12/1/06 KUALA LUMPUR (Dow Jones)--Palm stearin prices are quietly rallying amid concerns of a supply shortage, bucking the general weakness in the broader palm oil market. Industry participants say they expect the trend to continue.

12/1/06 JAKARTA, (Asia Pulse) - Indonesia has banned the import of oil palm seeds from Papua New Guinea (PNG) following the finding of lethal yellowing disease in the imported seeds, an agriculture ministry official said here on Wednesday