Archived News

14/7/07 KUALA LUMPUR, (Bernama) -- The Malaysian Palm Oil Council (MPOC) is planning to increase the export of local palm oil into the sub-saharan region via activities such as the Malaysia-South Africa Palm Oil Trade Fair and Seminar 2007 (POTS).

14/7/07 (The Edge News) - Kota Kinabalu: The palm oil cess imposed by the Federal Government on palm oil plantations nationwide is meant to subsidise the cost of producing 60,000 tonnes of cooking oil (palm olein) a month.

12/7/07 JAKARTA (Reuters) - Palm oil companies are burning peat forests to clear land for plantations in Indonesia's Riau province, despite government pledges to end forest fires, environment group Greenpeace said on Thursday.

11/7/07 KUALA LUMPUR, (Bernama) -- Malaysia may be only six to seven years away from oil palm capable of producing seven to eight tonnes of palm oil per hectare annually with the help of genome technology.

13/7/07 (Brandweek.com) NEW YORK -- The Body Shop International became the first cosmetics and toiletries retailer to introduce "sustainable palm oil" into the global beauty industry with its initial launch of soaps in May.

11/7/07 (Reuters) JAKARTA - Indonesian state-owned oil firm Pertamina has cut the biodiesel blend in diesel fuel to 2.5 percent as rising palm oil prices and lack of incentives have reduced margins, an official at a biofuel group said on Tuesday.

11/7/07 (Business Times) - MARCEL Silvius comes across initially as a loud non-governmental organisation (NGO) official from Wetlands International, all out to push his First World "startling findings on Malaysian bad agricultural practices".

9/7/07 DUBAI,(Bernama) -- Recognising the growing importance of markets in the African continent, with its huge population of 720 million, Malaysia is taking the initiative to hold the first Malaysia-Africa Palm Oil Trade Fair & Seminar (MA-POTS) in Johannesburg, South Africa, from July 15 to 17.

3/7/06 (Reuters ) KUALA LUMPUR - Malaysian crude palm oil futures are expected to trade between 2,300 and 2,500 ringgit ($669-$727) a tonne in coming weeks, leading industry analyst Dorab Mistry said.

3/7/07 JAKARTA, (Reuters) - Palm oil producer Wilmar International has been accused by an environmental group of illegally logging Indonesian forests, setting them on fire and violating the rights of local communities in the country.

KUALA LUMPUR, July 10 (Bernama) -- Making paper from oil palm fibre should be widely explored through research and development (R&D) to overcome the shortage of paper supply in future.

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, JUNE 2007