Archived News
18-03-2008
Palm fat v/s trans fat: Which is the better option?
12/03/2008 (Express Hospitality) - Despite overwhelming scientific evidence that trans fats are worse than saturated fats for cardiovascular health, most food manufacturers worldwide are reluctant to replace trans fat with natural semi-solid fats.
12-03-2008
CP ready for palm oil in 2011
12/01/2008 (The Bangkok Post) - Charoen Pokphand Group, the country's biggest agro-industrial conglomerate, plans to start producing palm oil over the next three years to capitalise on rising domestic demand for the commodity, driven by its increased use in both cooking and biofuels.
12-03-2008
Charoen to invest US$280mil in palm oil plantations
12/03/2008 (The Star Online), Jakarta - A unit of agro and aquaculture firm Charoen Pokphand Indonesia Tbk plans to invest US$280mil to develop palm oil plantations in West Kalimantan driven by demand for biofuel, a company official said yesterday.
12-03-2008
International bio-fuel production increases wheat prices
12/03/2008 (Daily Times, Pakistan), Islamabad - The use of agriculture commodities for making bio fuels in major developed and developing countries has not only decreased the availability of essential agriculture commodities in international market but also increased their prices many fold for food importing countries including Pakistan.
12-03-2008
India May Cut Edible Oil Tax 10% as Record Prices Fan Inflation
11/03/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oil after China, may cut import duties by more than 10 percent as record high global prices fan inflation, the country's largest importer said.
12-03-2008
Palm oil rallies on strong exports, higher soyoil
11/03/2008 (Reuters), Kuala Lumpur - Malaysian crude palm oil prices rallied 5 percent on Tuesday, as buyers rushed back into the market after stronger export data and an overnight jump in soyoil and crude oil prices, traders said.
12-03-2008
Malaysia Palm Oil prices continue to slide
11/03/2008 (Commodity Online, India), Mumbai - Palm oil prices in Malaysia, the global benchmark, declined for a fifth day following losses in vegetable oils in Chicago and China, and as weakness in equity markets triggered selling of commodities.
12-03-2008
Soaring palm oil price to hit State
11/03/2008 (The Hindu), Kollam - As Malaysia has begun diverting huge quantities of palm oil for the production of biofuel, the international price of the oil is soaring. The development will have a major impact on Kerala economy since palm oil is a widely used medium of cooking in the State.
10-03-2008
Long way to go for biofuel industry
10/03/2008 (The Edge Daily), Kuala Lumpur - When reports that European Union (EU) might ban biofuels derived from crops grown on some sensitive ecosystems surfaced, Malaysian palm oil players were feared to be the biggest casualties.
10-03-2008
ANALYSIS-Thai shares bask in biofuel frenzy, for now
10/03/2008 (Reuters), Bangkok - Thai growers of "energy" crops such as palmoil and sugar are enjoying big profits and soaring share prices as demand surges for alternative fuels, but state price controls to fight inflation may check further gains.
10-03-2008
Environment high on corporate M’sia agenda
10/03/2008 (The Star Online) - MALAYSIAN companies are increasingly aware of the detrimental effects of global warming, and some have been actively addressing its impact via systematic initiatives over the past three to five years.
10-03-2008
Biofuel policy faces hurdles
10/03/2008 (The Star Online) - RECENTLY, the first biofuel-powered commercial aircraft flew from London to Amsterdam. The test flight of the Boeing 747, a joint initiative between The Boeing Company, Virgin Atlantic Airways Ltd and GE Aviation, used a 20% biofuel mix of coconut and babassu oil in one of the plane's four main fuel tanks.