Archived News
22-09-2005
Bigger loans for Felda settlers
21/09/05 BENTONG = The Government will raise its loan to Felda settlersinvolved in schemes to RM75 from RM50 per acre (0.4ha) from Oct 1,announced Datuk Seri Najib Tun Razak.
22-09-2005
Biotech Devt Shouldn't Be At Expense Of Public Saf
20/09/05 SAN FRANCISCO, (Bernama) -- Prime Minister Datuk Seri AbdullahAhmad Badawi says that biotechnology development should not come at theexpense of public safety or the environment.
22-09-2005
Carotech emerges as Bursa’s first biodiesel stock
21/09/05 (The Star) - Mesdaq counter Carotech Bhd's shares were activelytraded as its price rose seven sen, or 15.4%, to 52.5 sen yesterday onexpectations it will gain from a major expansion of capacity to producepalm oil-based biodiesel.
22-09-2005
Demand Strong For CPO As Clean Energy: Indonesia's
21/09/05 JAKARTA, (Asia Pulse) - Demand for crude palm oil (CPO) in somecountries had increased to 2 million tons each year because the commodityhad been used as alternative energy -- biodiesel and biofuel -- which arefriendly to the environment, Derom Bangun, general chairman of theIndonesian Palm Oil Businessmen's Association (GAPKI) said here onTuesday.
22-09-2005
European Firm To Buy Palm Biodiesel From Malaysia
21/09/05 PUTRAJAYA, (Bernama) -- Plantation Enterprises and CommoditiesMinister Datuk Peter Chin Fah Kui considered his recent visit to threeEuropean countries as a success with penetrating the German biodieselmarket as the highlight.
22-09-2005
German-M’sian business matchmaking event
20/09/05 (The Star) - THE Malaysian-German Chamber of Commerce andIndustry yesterday launched a Business-Matchmaking event between a Germanbusiness delegation and pre-selected potential Malaysian partners.
22-09-2005
Govt cuts base import prices of palm & soyoil
19/9/2005 (India Infoline) - A statement of Government India said onFriday cut base import prices of palm and soyoil across the board, a movewhich may depress domestic prices, without affecting import volumes. Thebase price of crude soybean oil had been cut to $506 a ton from $558 andcrude palm oil had been reduced to $397 from $423.
22-09-2005
Greater Opportunities For Palm Oil In USA
21/9//2005 NEW YORK (Bernama) -- There are greater opportunities forpalm oil (including in partnership with other oils) as one of thereplacement oils for partially hydrogenated oils following the currentattention on trans fatty acids and the pending US Food and DrugAdministration's (FDA) trans fatty acids rule, says Datuk Haron Siraj,chief executive officer of the Malaysian Palm Oil Promotion Council(MPOPC).
22-09-2005
Higher Crude Oil Prices Spark Interest In Palm Oil
17/09/05 BANGI, (Bernama) -- Higher crude oil prices may not be all thatbad, considering that they serve as a double blessing for Malaysia's"golden crop" of crude palm oil (CPO).
22-09-2005
India Edible Oil Imports To Swell, Pressure Prices
21/09/05 NEW DELHI (Dow Jones)--The recent decision by India toeffectively reduce edible oil import duties by lowering government-setbase prices will lead to a surge in imports in the coming months andlikely keep domestic prices under pressure for several months, analystssaid Wednesday.
22-09-2005
Indonesia upbeat on India’s edible oil moves
21/09/05 JAKARTA (Daily Times) - Indonesia is poised to export more palmoil to neighbouring India, the world’s largest edible oil consumer,following its move in cutting base import prices, an industry officialsaid on Tuesday.
22-09-2005
MPOB Looks For Private Partner In Palm-Based Biodi
20/9//2005 (Chemical Business News) - The director-general (DG) of theMalaysian Palm Oil Board (MPOB) has reported that MPOB will be invitingtenders in Oct 2005 to build a new bio-diesel plant. The new plant, withan initial production capacity of about 60,000 tonnes/y, is to be situatedin Pasir Gudang or Port Klang. The plant requiring an investment ofRinggit 40 M is likely to commence operations by 2006. It is to be jointlymanaged by MPOB and another partner. The major output of the new plantwill be exported to Europe. MPOB plans to use crude palm oil as rawmaterial for the production of bio-diesel and price the bio-diesel atabout $40-50/tonne. About 10 companies so far have evinced interest inoperating the plant.