Archived News

2/3/07 (Daily Express) Sandakan - Two oil palm factories were fined a total of RM60,000 by the Sessions Court here recently for committing offences under the 1974 Environmental Quality Act (EQA).

1/3/07 (The Edge News) - Crude palm oil (CPO) prices have surged sharply in the fourth quarter of 2006 (4Q06), with prices surging close to RM2,000 per tonne at present from around RM1,400-RM1,500 per tonne for much of the first three quarters of last year.

1/3/07 KUALA LUMPUR, (Bernama) -- Oil palm companies are urged to catch the next big tide in the industry which is in downstream operations.

22/2/07 (International Herald Tribune) - KUALA LUMPUR: IOI, the world's largest oil palm grower, plans takeovers to increase the area under the crop by almost a third by 2010, the company's executive director, Lee Yeow Chor, said.

22/2/07 (Bloomberg) -- IOI Corp., the world's largest oil- palm grower, plans takeovers in Southeast Asia to extend the company's plantations by a third as demand for the crop rises.

24/2/07 (RedNova) GALVESTON -- Next month, the world will get a glimpse of what Big Oil can bring to the fast-growing alternative fuels movement when a new biodiesel plant, backed by a major U.S. oil company, opens for business in Texas.

22/2/07 SEAFORD, Del., PRNewswire - Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH - News), announced today that nano-enhanced, environmentally friendly, "Green" oils and lubricants can be made from a waste by-product of one Palm Biodiesel production process to offset costs and bring fuel pricing below the cost per barrel of crude oil.

27/2/07 (The Star) - KOTA KINABALU: Sabah is losing 1,000ha of mangrove swamp for developing two palm oil industrial cluster zones in the east coast.

27/2/07 (Business Times) - SYNERGY Drive Sdn Bhd is on track to becoming a global player within the next four to five years, and for starters it will bolster its huge plantation business.

27/2/07 (NSTP) - Palm oil is no longer the 'bad boy' of oils as research extols its antioxidant properties.

26/2/07 (Checkbiotech.org) - The high prices of petroleum have stimulated the rapid development of the biofuel industry in the European Union, United States and to some extent in Malaysia. Biofuel offers strategic advantages for different sectors and stakeholders.

25/2/07 (AZoNano.com) - Nano Chemical Systems Holdings, Inc., announced today that nano-enhanced, environmentally friendly, "Green" oils and lubricants can be made from a waste by-product of one Palm Biodiesel production process to offset costs and bring fuel pricing below the cost per barrel of crude oil.