Archived News
20-09-2006
Indicators point to further price weakness
The Malaysian Palm Oil Board, in its monthly report on palm oil trade data, cited August palm oil output, put at 1,537,236 tonnes, as far outstripping August exports, put at 1,311,427 tonnes. The upshot: end-August 2006 palm oil stocks surged an unprecedented record high of 1,684,046 tonnes.
20-09-2006
Utd Plantations launches bio-energy facilities
15/09/06 (NSTP) - WHEN United Plantations Bhd launches its bio-energy facilities today, it will become among the first companies to start earning carbon credits in Malaysia.
13-09-2006
Palm oil industry outlook bright: Ong
13/09/06 (The Star) - KUALA LUMPUR: The outlook for the palm oil industry is bright owing to greater consumer acceptance of its nutritional value as well as a viable source for biodiesel, said Malaysia Oil Scientists' and Technologists' Association (MOSTA) president Tan Sri Augustine S.H Ong.
13-09-2006
Plantation stocks continue to fall
13/09/06 (The Star) - PETALING JAYA: Plantation stocks continued to decline yesterday as sentiment continued to weaken on a softening in crude palm oil (CPO) prices and higher inventory levels, analysts said.
13-09-2006
Biodiesel to drive up the price of cooking oil
12/09/06 (CNET News.com) - The popularity of biodiesel--made from vegetable matter intead of fossil fuels--"will tighten the supply of vegetable oils," William Camp, executive vice president of Archer Daniels Midland, said during a presentation at the ThinkEquity Partners Growth Conference in San Francisco.
13-09-2006
Issuance Of New Manufacturing Licence For Bio-diesel Put On Hold
KUALA LUMPUR, Sept 12 (Bernama) -- The government has put on hold the issuance of new manufacturing licences for bio-diesel, Plantation Industries and Commodities Minister, Datuk Peter Chin Fah Kui said Tuesday.
13-09-2006
Astra Agro wary of palm oil-based biodiesel plant returns
13/09/06 (NSTP) JAKARTA - PT Astra Agro Lestari, Indonesia's biggest agriculture company by market value, isn't yet sure that biodiesel made from palm oil is commercially viable and is holding back on investing in a factory, unlike some rivals.
12-09-2006
Boustead, Boustead Prop’s Islamic plantation REIT plan
11/09/06 (The Edge News) - Boustead Holdings Bhd and Properties Bhd are setting up an Islamic plantation real estate investment trust (REIT), Al-Hadharah Boustead REIT, involving the proposed disposal of nine oil palm estates measuring 17,474.9ha and two palm oil mills for RM500 million.
12-09-2006
Guthrie pushing hard to meet KPI targets
11/09/06 (The Star) - Despite problems related to high gearing and other issues, Kumpulan Guthrie Bhd group chief executive Datuk Abdul Wahab Maskan has managed to position the group as a reputable regional palm oil player. His vision is towards global player status
12-09-2006
Switching to green fuels
12/09/06 (The Star) - With oil prices rising, Asia is turning to plants for fuel
12-09-2006
Biggest plantation group back on radar screen
11/09/06 (The Star) - Analysts describe Guthrie as Malaysia's biggest plantation group in terms of land bank size – bigger than other plantation giants like Golden Hope Plantations Bhd, IOI Corp Bhd, Kuala Lumpur Kepong Bhd and even Indonesia's PT Sinar.
12-09-2006
Two new ghee plants being set up in Karachi
KARACHI (September 09 2006): To local firms have received government approval for setting up edible oil refineries in Karachi, which would cost about $10 million, sources said on Friday.