Archived News

18/1/06 BANGI, (Bernama) -- Major countries in the world including Germany, are applying for a licence to operate a winter technology biodiesel plant using palm oil, said Malaysian Palm Oil Board (MPOB) director-general, Tan Sri Dr Yusof Basiron.

20/1/06 TUARAN (Daily Express) - Sabah will receive about RM150mil over the next five years to help poverty-stricken families in the state.

19/1/06 KUALA LUMPUR, (Bernama) -- Golden Hope Plantations Bhd, the world's second biggest producer of fatty acids, aims to achieve RM1 billion in pre-tax profit in four years.

16/1/06 (India Online) - The Government on Monda announced that it had marginally slashed the base import prices of crude palm and soybean oils. India is one of the world's leading edible oil importers and imports 150,000-200,000 tons of crude palm oil every month.

15/1/06 (The Jakarta Post) - Indonesia and Malaysia, two of the world's largest crude palm oil producers, agreed last week to set up a joint body to regulate the international price of the commodity.

15/1/06 (The Star) - JOHOR BARU: Research will be conducted by Universiti Teknologi Malaysia (UTM) on the feasibility of using palm oil-derived biofuel to power gas turbines, the first such study in the world.

15/1/06 (RedNova) - WHEN the Malaysian Palm Oil Board first started its palm oil-as- fuel research in the 1980's, it all seemed pretty academic because diesel was less than a ringgit a gallon while palm oil was a FOOD - too expensive to burn as fuel. At that time, barrel oil was also USD18 a barrel.

16/1/06 (The Malay Mali) - SEJATI Oil Palm Feed Sdn Bhd's shareholders may sell as much as 50 per cent of the company to raise capital to proceed with a plan to build a fibre feed processing plant, said its managing director and dominant shareholder Zainal Ahmad.

13/1/06 BUKIT TINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.

16/1/06 ZHENGZHOU (Asia Pulse) - Despite decrease of import of soybean oil, by nearly one million tons and that of rapeseed oil, by 120,000 tons, China's consumption of oil crops for extracting oil increased as a whole in the 2004/2005 crop year, thus increasing the supply of edible oil as a whole in the year.

16/1/06 (Business Standard India) - Differences between India and Asean countries continue over how much bilateral trade should be covered by a proposed free trade agreement.

13/1/06 BUKITTINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.