Archived News

KUCHING, Dec 9 (Bernama) -- Sarawak has continuously registered tradesurpluses since the 1970's and the trend is expected to continue, stateSecond Finance Minister Datuk Seri Wong Soon Koh said.

KUALA LUMPUR, Dec 7 Asia Pulse - Kulim (Malaysia) Berhad has teamed upwith TopPlant Laboratories Sdn Bhd (TopPlant) to produce high-yielding oilpalm clones by plant tissue culture technology.

7/12/2004 KUALA LUMPUR -- Malaysian-based company, Azmin and Sivam Sdn Bhd(A&S), is looking to export edible oils on a monthly basis to Bangladeshfrom the middle of this month.

06 December 2004 19:18 - Russia's government imposes the raw palm oilexport duty of 15% of customs value but at least 0.12 euro per 1 kg. Therespective ruling was sealed by Russia's Prime Minister Mikhail Fradkov onDecember 2, the government press service said. The previous duty equalled5%. New rates will be in forth during 9 months.

7/12/2004 - Work is now under way on building the world's largestbiodiesel plant right in the heart of Teesside. Billingham's BiofuelsCorporation, headed by chief executive John Nicholas, is building a pounds21m plant at Seal Sands to produce renewable fuels from crops such asoilseed rape.

BUENOS AIRES (Dow Jones)--Argentine farmers had planted 67% of thecountry's 2004-05 soybean crop by Friday, the latest AgricultureSecretariat data show.This puts the pace of planting up from a year ago, when 57% of areahad been planted.Total planted area this year is seen at 14.2 million hectares,compared with 14.235 million a year earlier.The crop is evolving normally in most areas.As of Friday, farmers had planted 9,497,670 million hectares.Stable climatic conditions and adequate moisture levels have allowedthe crop to develop smoothly in the provinces of Buenos Aires and Cordoba,the Secretariat said. These two provinces account for almost half ofArgentina's soybean production.The Buenos Aires Cereals Exchange sees the 2004-05 area at 14.7million hectares. As of Saturday, some 10,043,000 hectares have beenplanted, according to the exchange.Neither the exchange nor the Secretariat has formally forecast 2004-05soybean production. The U.S. Department of Agriculture sees Argentina's2004- 05 soy output at 39 million tons.

Dec 6, Sepang - AS the progress made in converting crude palm oil intopalm diesel by the Malaysian Palm Oil Board shows, there is no shortage ofrenewable sources of energy.But there are significant costs involved in developing them and these arenot the type of investments that provide short-term returns. Which is whyit takes shock waves from steep rises in oil prices to make themcandidates in the search for alternative solutions to fossil fuels.

SEPANG, Dec 6 (Bernama) -- A German company, which offers train, servicesis now seriously considering using palm diesel to power its fleet oftrains, Malaysian Palm Oil Board (MPOB) chairman Tan Sri Basir Ismail saidMonday.

Tuesday, December 07 2004 - KULIM (Malaysia) Bhd and TopPlant Laboratories Sdn Bhd have entered into a joint venture to produce highyielding oil palm clones using tissue culture technology.

12/6/2004 GULF NEWS - Malaysian exports of crude palm oil to the Gulf arerising strongly as a result of high demand and awareness of the benefitsof palm oil compared to other oils, official figures show.

6/12/04 - The International Marine Organisation (IMO) has decided that POand other solid fats are to be shipped in type 2 vessels, the same as forliquid oils, with effect 1 Jan. 2007. These vessels have double hulls andbottoms and are more costly than the vessels used currently.

Oils & Oilseeds Production Analysis and Forecast