Archived News

4/1/06 (Financial Express) - Brazil, the world's second-biggest soybean producer and exporter, may harvest 20% more of the oilseed next year as more favourable weather promises to boost crop yields, a US agricultural attache said.

2/1/06 (Rednova) - Endangered orang-utans in Indonesian Borneo are suffering routine physical abuse when they stray into palm oil plantations, say wildlife groups and campaigners in the region. Poor migrant workers, often encouraged by the offer of extra pay from rainforest loggers, trap the animals and beat them to death.

2/1/06 Chennai (Business Line) - THE Union Government on Monday cut the tariff values on vegetable oils by $3-24 but the industry termed it as a "small reduction".

29/12/05 KUALA LUMPUR (Reuters) - Malaysian palm oil recovered early losses to settle firm by Thursday's midsession and dealers said they expected the market to end the year at above 1,400 ringgit in anticipation of a drawdown in stocks.

4/1/06 (The Jakarta Post, Jakarta) - Driven by high prices of global oil, metals and crude palm oil (CPO), Indonesia's exports in the period January-November 2005 rose by almost 19 percent, as compared to the same period a year earlier.

31/12/05 (Kyodo) - Myanmar is aiming to produce about 500,000 tons of palm oil annually by 2010 to meet domestic demand for edible oil, a local newspaper reported Saturday.

31/12/05 (NSTP) - WILL the lights go out in certain countries in about 50 years when the world's fossil fuel resources dry up and new reserves are not found?

2/1/2006 WASHINGTON (Knight Ridder) - Beginning Sunday, new rules on food labeling are making it easier for consumers to avoid artery-clogging trans fats, which have been linked to an increased risk of heart disease.

2/1/06 MIRI (The Star) - Malaysia's pioneer biodiesel - the B5 fuel will be supplied free for the whole of this year to ministries and government agencies that volunteer to try it out.

29/12/05 (The Star) - About 400 jobs are expected to be created in Perak following plans by a public-listed company to build a RM260mil oil palm pulp and paper mill in Sitiawan next year

28/12/05 Thailand (Bangkok Post)--The Agriculture Ministry will soon seek cabinet approval for interest rate compensation to farmers who agree to grow palm as part of the biodiesel production campaign.

28/12/05 KUALA LUMPUR(Bernama) -- Diversified palm oil group, Kulim (Malaysia) Bhd, has teamed up with Germany's CremerOleo GmbH to set up two new plants to produce biofuels and other downstream speciality chemical derivatives.