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MARKET DEVELOPMENT  
  24-10-2005

Palm oil firm profits from pollution

23/10/05 (Bangkok Post) - Asian Palm Oil Co will be used as a role modelfor industries that want to turn pollution into profit, after successfullytackling its problems in Krabi, according to the Industrial WorksDepartment (IWD).

MARKET DEVELOPMENT  
  24-10-2005

Palm Oil Industry's Bio-fuel Hopes Overstated

20/10/05 KUALA LUMPUR (Dow Jones) - Recent optimism of surging demandfor palm oil as a fuel substitute in Europe may be overdone as there arestill major obstacles to the use of the commodity in this emerging sector,a European bio-fuels industry official said.

MARKET DEVELOPMENT  
  24-10-2005

PPB to buy 2 Indonesian palm oil firms

21/10/05 (The Edge Daily ) - Plantation firm PPB Oil Palms Bhd will buymajority stakes in two Indonesian palm oil plantation companies for morethan US$122 million (RM460 million) as it expands in Southeast Asia, thefirm said on Oct 21.

MARKET DEVELOPMENT  
  19-10-2005

India May Buy More Soyoil After Base Price Change

18/10/05 NEW DELHI (Dow Jones)--The Indian government's decision over theweekend to raise the base import price for edible oils may lead to a shiftin demand in favor of crude soybean oil, traders said Tuesday.

MARKET DEVELOPMENT  
  19-10-2005

Argentina angling to join biofuels race

18/10/05 CHACABUCO, Argentina (Reuters) - Armed with 12 tonnes ofsoybeans, a young Argentine engineer named Edmundo Defferrari can produceenough fuel in one day to fill the tanks of five soy trucks.

MARKET DEVELOPMENT  
  19-10-2005

Bio-diesel card being overplayed a little

18/10/05 (Business Line) - FIRM crude prices and no prospects of a majordownward correction anytime soon have forced all major economies toexamine cheaper alternatives, including bio-ethanol and bio-diesel. Demandfor bio-diesel translates into a diversion of a part of global vegetableoil pool for energy purposes.

MARKET DEVELOPMENT  
  19-10-2005

Doubts grow over Borneo plantation plan

18/10/05 (financial time com) - When Jusuf Kalla, Indonesia'sbusinessman vice-president, travelled to China in August he signed an $8bnfinancing deal with the China Development Bank that cleared the way forone of the world's biggest agricultural projects.

MARKET DEVELOPMENT  
  19-10-2005

Golden Hope Hopes For Sizeable Revenue From Biodie

17/10/05 SERDANG, (Bernama) -- Golden Hope Plantation Bhd hopes to get asizeable revenue from biodiesel in three to four years' time, withproduction starting in the next 12 to 15 months, said its group chiefexecutive Datuk Sabri Ahmad.

MARKET DEVELOPMENT  
  19-10-2005

Oil palm planters told to look at India for expans

17/10 2005 (The Star) - INDIA holds the potential to be a new prioritydestination for Malaysian plantation companies to expand their oil palmland bank after Indonesia as well as to establish ventures in the palmoil-related downstream activities and set up of biofuel plants.

MARKET DEVELOPMENT  
  19-10-2005

Villagers show DOE officers polluted river

16/102005 (The Star) - SANDAKAN: After years of waiting in vain forauthorities to act, villagers at Kampung Segaliud took matters into theirown hands to show how pollution by two palm oil mills was destroying theirriver.

MARKET DEVELOPMENT  
  17-10-2005

Edible oil imports up 19%; slowdown in Sept

16/10/05 Mumbai , (Business Lines) - IMPORTS of edible oil, mainly palmoil and soyabean oil, have provisionally been reported at 46,30,483 tonnesduring 11 months of the current oil season (November 2004/September 2005).The imports are up from 38,83,298 tonnes during the corresponding year-agoperiod, a rise of 19 per cent, according to the latest import datacompiled by the Solvent Extractors' Association of India (SEAI).

MARKET DEVELOPMENT  
  17-10-2005

Felcra To Build RM100 Mln Oil Palm Refinery Factor

Perak Menteri Besar Datuk Seri Tajol Rosli Ghazali with therepresentatives of Perak Felcra settlers at the ceremony to presentdividends amounting to RM44.9 million to Felcra settlers in Perak,Saturday. Pix:Dusa Abas