Archived News

25/5/07 (Daily Express ) - Kota Kinabalu: Sabah is the gateway to palm oil investment opportunities, said Assistant Minister of Industrial Development, Hjh Jainab Datuk Hj Ahmad Ayid Thursday.

25/5/07 (Reuters) - Kuala Lumpur/New Delhi: Asia\'s vegetable oil guzzlers, China and India, are likely to step up purchases in the coming months and boost palm oil prices, which has already hit near nine-year highs on a squeeze in supplies.

17/5/07 (Business Times) -- THE initial euphoria over biodiesel seems to have dissipated somewhat. Now there are voices of concern that the new fuel is by no means a sure path to prosperity for its producers.

9/5/07 (SinoCast) HEBEI-- China's largest oil & grain storage, which is under construction in Hebei, a neighbouring province of the country's capital Beijing, is expected to be completed next year.

12/5/07 (The Jakarta Post, Jakarta) - State-owned oil and gas firm Pertamina plans to exit its biofuel business by the end of this year as a result of continuing losses.

22/5/07 (Bangkok Post) - Thai Oleochemicals Co Ltd (TOL) hopes to export most of its output to Asia and Europe starting from the fourth quarter this year due to the high cost of crude palm oil, its main raw material Kongkrapan Intarajang, the company's acting managing director, said that TOL, a wholly owned subsidiary of PTT Chemical Plc, would become the world's largest oleochemicals manufacturer and the sole oleochemicals supplier in Thailand next year.

20/5/2007 - MIRI: Plantation Industry and Commodities Minister Datuk Peter Chin expressed his concern that the present continuous rise in the price of palm oil could aggravate the country's economic situation.

20/5/07 The Star - MIRI: Malaysia will meet British and European parliamentarians to counter allegations by non-governmental organisations that the Malaysian oil palm industry was killing wildlife and destroying forests.

19/5/07 (The Star) - MIRI: Malaysia will meet British and European parliamentarians to counter allegations by non-governmental organisations that the Malaysian oil palm industry was killing wildlife and destroying forests.

22/5/07 (Asia Times Online) JAKARTA - Some of Indonesia's most influential and politically connected companies have refocused their business strategies and are joining hands with foreign investors to push forward the government's multi-billion dollar ambition to transform the country into the world's leading biodiesel producer.

17/5/07 (Daily Express) - Kuala Lumpur: A new tax to help palm oil refiners cope with cost will hurt the least efficient plantation company, analysts said, and topping the list is Tradewinds Plantations Bhd.

16/5/07 (CheckBiotech) The booming market for palm oil is driving record production but fueling rising concerns over the environmental impact of the supposedly "green" bioenergy source.