Archived News

11/12/2007 (Cosmetic Design.com)- Procter & Gamble and Unilever are among the personal care companies implicated in the environmental time bomb planted by the farming of the natural ingredient palm oil, according to a new report.

11/12/2007 (The Peninsula), Thiruvananthapuram - Kerala’s anti-imperialist slogans rent the air today, though in a corner of the northern Beypore port by a small band of activists, protesting against the import of palmolein.

11/11/2007(Reuters), London - Booming world demand for palm oil from Indonesia for food and biofuels is posing multiple threats to the environment as forests are being cleared, peat wetlands exposed and carbon released, a report said on Thursday.

10/11/2007 (The Star Online) - The oil palm fraternity will need to get used to a series of sharp spikes in crude palm oil (CPO) prices for at least another 12 months.

12/11/2007 (Couriermail.com.au) - COMPLACENT government attitudes toward biodiesel are costing Queensland jobs and denying the population one of the greenest energy forms.

11/09/2007 (Antara News), Jakarta - The crude palm oil (CPO) issue will be one of the topics of discussion in the International Trade Conference of Young Moslem Entrepreneurs to in Jakarta on August 9 to 18, 2008.

08/11/2007 (The Economic Times), Nusa Dua - India’s vegetable oil demand is expected to grow by 6-7% each year for the next five years as its economy expands and population grows, an industry body said on Thursday.

08/11/2007 (CNN), London - Destruction of Indonesia's peatlands to make way for the production of palm oil is leading to a significant increase in greenhouse gas emissions, a problem that will get worse as demand for biofuel grows, Greenpeace reported Thursday.

08/11/2007 (Telegraph.co.uk) - Big international companies are fuelling the wholesale destruction of critically important rainforests and peatlands in Indonesia in their search for cheap palm oil, a hard-hitting report claims.

08/11/2007 (Bloomberg) - Palm oil may rise as high as $1,000 a ton next year because of increasing demand and a shortfall in supplies of vegetable oils, according to Derom Bangun, the head of the Indonesian Palm Oil Association.

08/11/2007 (The Economic Times), New Delhi - India today has the world’s cheapest cooking oil. Soya oil at Indore currently beats imported palm oil, the world’s cheapest energy source. Thanks to more desi vegetable oil extracted from three million tonnes extra oilseeds this summer, Indian consumers can stay cool even after global cooking oil prices hit a 33-year high on Wednesday.

08/11/2007 (Euro2day) - Crude palm oil is expected to hit $1,000 per tonne in the next few months and remain high for a decade, producers and analysts say, as supply is unlikely to match demand for food and biofuels.