Archived News

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

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysian-based company, Azmin and SivamSdn Bhd (A&S), is looking to export edible oils on a monthly basis toBangladesh from the middle of this month.

PUTRAJAYA, Dec 3 (Bernama) -- Deputy Prime Minister Datuk Seri Najib TunRazak's four-day Indonesian visit beginning next Tuesday is not only toforge ties with the new leadership but also to enhance economicco-operation, Foreign Minister Datuk Seri Syed Hamid Albar said Friday.

Dec 03 7:18 AM - Deputy Finance Minister Datuk Dr Ng Yen Yen is leading adelegation of capital market industry players on a four-day trip to China.

Monday December 6, 2004 - HER inquisitive nature and never-up spirit havepropelled Yeo Kim Luang to achieve success in the recycling and oil palmbiomass by-products processing business.

KUALA LUMPUR, Dec 1 (Bernama) -- Brazilian businesses can collaborate withMalaysian companies for projects in either Brazil or Malaysia in areaslike the construction of roads, airports, seaports, housing and townships,said the Deputy Minister of Ministry of International Trade and Industry(MITI), Datuk Ahmad Husni Hanadzlah.

VIENTIANE, Laos, Nov 30 Asia Pulse - President Susilo Bambang Yudhoyonoheld bilateral talks with Sultan Hasanal Bolkiah of Brunei Darussalam hereon Sunday, during which the latter pledged to increase his country'sinvestments in Indonesia's agroindustry.

12/2/2004 BUSINESS TIMES - SEVERAL Malaysian plantation companies areinterested in expanding their operations to Nigeria which needs up to US$3billion (US$1 = RM3.80) in foreign direct investments in the next 10 to 15years to reinvigorate its oil palm sector.

1/12/04 - Delloyd Ventures Bhd unit Delloyd Plantation Sdn Bhd has signeda memorandum of understanding to acquire a 60% stake in an oil palmplantation company PT Rebinmas Jaya for RM42.95 million.

Wednesday, December 1, 2004 - BLUE BELL, PA -- Palm-Oleo SDN BHD,Malaysia, announced Tuesday the appointment of Acme-Hardesty Co. as theirexclusive distributor of fatty acids and glycerine in the United States.Palm-Oleo will utilize Acme-Hardesty¹s extensive supply chain network todistribute bulk and packaged oleochemicals. The exclusive arrangement wasa natural progression for both companies towards their shared objectiveof providing customers in the U.S. market with industry leading customerservice and a reliable supply of the highest quality palm oil basedproducts.

26/11/04 SAO PAULO (Dow Jones)--Brazilian farmers have planted 76% oftheir potentially record 2004-05 soybean crop up to Friday, moving forwardfrom 64% last week, said local agricultural consultants Safras e MercadoFriday.Planting is slightly behind the 80% planted at the same stage lastyear and the five-year average of 81%.Fieldwork is most advanced in the center-west state of Mato Grosso doSul, where farmers had sown 92% of the crop, ahead of the 83% planted atthe same stage last year and the five-year average of 79%.Planting was 86% complete in the center-west state of Mato Grosso,where fieldwork traditionally runs quickest. It was slightly ahead of the84% planted last year and slightly behind the five-year average of 88%.Safras forecast Brazil's 2004-05 soybean production will total 63.2million metric tons, up from 49.9 million tons produced last year.