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MARKET DEVELOPMENT  
  28-07-2006

Golden Hope forms joint venture in China

28/7/06 (The Star) SHANGHAI: Golden Hope Plantations Bhd has formed a joint venture in China to set up a plant to produce a palm-oleochemical product used for making detergent.

MARKET DEVELOPMENT  
  28-07-2006

Vital to purge oil palm disease

27/7/06 (The Star) - I agree with Plantation Industries and Commodities Minister Peter Chin Fah Kui that there is currently no effective measure to eliminate the cancer-like oil palm disease known as Ganoderma Basal Stem Rot (BSR), which is causing serious losses to the oil palm industry.

MARKET DEVELOPMENT  
  28-07-2006

Palm oil yields stagnated for many years now

27/7/06 (The Star) - ARE we ready to capitalise on the expected increase in palm oil prices? The answer is a sad "no" simply because our palm oil yields had stagnated for so many years.

MARKET DEVELOPMENT  
  28-07-2006

Higher Malaysian palm oil exports forecast

27/7/06 (NSTP) - MALAYSIA'S palm oil exports can reach RM29 billion this year, about 2 per cent higher than last year's figure, helped by high demand for crude palm oil (CPO).

MARKET DEVELOPMENT  
  28-07-2006

Biodiesel can be traded on derivatives market

26/7/06 (NSTP) - BEIJING: Palm oil-based biodiesel futures could become the latest derivatives product on Bursa Malaysia Derivatives Bhd and companies which own and operate biodiesel plants could also seek to list their shares on the Mesdaq market.

MARKET DEVELOPMENT  
  28-07-2006

GHope plans biodiesel plants in China, South Korea

28/7/06 (NSTP) - SHANGHAI: Golden Hope Plantations Bhd (GHope) plans to set up palm oil-based biodiesel plants, one each in China and South Korea, to ride on both the countries' initiatives to reduce dependency on expensive fossil fuels.

MARKET DEVELOPMENT  
  28-07-2006

UTM chemical plant to boost production capacity

25/7/06 (NSTP) - UNIVERSITI Teknologi Malaysia's (UTM) RM4.5 million expansion of its chemical engineering pilot plant (CEPP) in Skudai, Johor, will see its production capacity go up by 10 times by March 2007.

MARKET DEVELOPMENT  
  28-07-2006

China mulls building palm oil-based biodiesel plant

25/7/06 (NSTP) - BEIJING: China, which is Malaysia's top palm oil buyer, is mulling building its first-ever palm oil-based biodiesel plant to reduce its dependency on expensive fossil fuel.

MARKET DEVELOPMENT  
  27-07-2006

Palm users wary of Malaysia, Indonesia moves

24/7/06 (Reuters) - A move by Malaysia and Indonesia to pledge a big chunk of their palm output for biodiesel may not immediately send prices out of control but it has rung alarm bells that the once humble oil will become too expensive for both food and fuel production.

MARKET DEVELOPMENT  
  27-07-2006

Musharraf inaugurates palm oil refinery

26/7/06 (AP) KARACHI - President General Pervez Musharraf on Tuesday inaugurated the $14 million MAPAK Edible Oil Refinery set up under a joint venture between Westbury Group of Company, Pakistan and FELDA of Malaysia palm oil refinery in Karachi.

MARKET DEVELOPMENT  
  27-07-2006

KL Kepong Opens Palm-Oleo Plant In China

SHANGHAI, July 26 (Bernama) -- Major plantations group Kuala Lumpur Kepong Bhd (KLK) officially opened its US$70 million palm-oleochemical plant Wednesday in Zhangjiagang port city as part of its business strategy to diversify into China

MARKET DEVELOPMENT  
  27-07-2006

Forest fire haze hits major city on Indonesia's Sumatra

26/7/06 JAKARTA (AFP) - Acrid smoke from raging ground and forest fires on Indonesia's Sumatra blanketed the city of Pekanbaru, stinging eyes and reducing visibility, a meteorology official said.