Archived News

29/1/07 (BangkokPost) - The Charoen Pokphand Group (CP) has delayed a project to produce biodiesel from palm oil for the government, and shifted to growing and selling palm saplings to serve local plantations.

27/1/07 (Bloomberg) - The price of crude palm oil, the world's most-traded vegetable oil, may average 17 per cent higher in 2007 than an earlier estimate as its demand as a fuel additive competes with its use in food, PT Macquarie Securities Indonesia said.

26/01/07 (The Star) KUALA LUMPUR - Chin Teck Plantations Bhd, which made its second foray into Indonesia last year, plans to cultivate 2,000 to 3,000ha of oil palm trees in Sumatra this year.

29/01/07 (The Star) - FELDA Agricultural Services Sdn Bhd (FAS), a unit of Felda Holdings Bhd, plans to strengthen its position as the market leader in the production of oil palm hybrid seeds and clones (or ramets) in Malaysia and regionally.

24/01/07 KUALA LUMPUR, Malaysia (AP) -- Malaysia's Synergy Drive Sdn. Bhd. said Wednesday it signed an agreement to buy the entire assets and liabilities of three companies in a bid to create the world's largest listed palm oil producer.

AMSTERDAM, Jan 24 (Reuters) - The Dutch High Court gave the green light on Wednesday to the construction of a 50-megawatt power plant based on palm oil, whose sustainability was challenged by environmental organisations.

24/01/07 (Reuters) - NEW DELHI: India, the world's third-largest importer of vegetable oils, on Wednesday cut import duties on palm and sunflower oil products in a bid to cool rising inflation that the finance minister has said is a worry.

23/01/07 (Business Recorder) KARACHI - Palm oil supply to refineries for the whole country has halted for the last four days due to the unannounced strike by transporters, sources told Business Recorder on Monday.

27/01/07 (The Star) - KUALA LUMPUR: Kumpulan Guthrie Bhd is delaying the listing of its Minamas Indonesia unit, after agreeing to a merger plan to form the world's largest listed palm oil planter, sources said.

28/01/07 BANGKOK (TNA) - In an attempt to boost consumption of alternative energy which could reduce oil imports, the Energy Ministry has set a revised bio-diesel consumption target on consumption at 500,000 litres per day this year with at least another 300 service stations to be set up nationwide.

29/01/07 (The Star) - FELDA Agricultural Services Sdn Bhd is set to push into new frontiers with its RM25mil biotechnology centre in Negri Sembilan, to be launched by Deputy Prime Minister Datuk Seri Najib Tun Razak tomorrow.