Archived News

8/8/06 (The Star) - Hexagon Holdings Bhd's whollyowned subsidiary Hexagon Tower Sdn Bhd has secured a contract from PGEO Bioproducts Sdn Bhd for the building and civil work of a fatty acid methyl ester plant in Pasir Gudang, Johor for a contract value of RM2.2mil

8/8/06 (The Star) - DXN Holdings Bhd's whollyowned subsidiary DXN Biotech Consultants Sdn Bhd has signed a memorandum of understanding with Molek Engineering Sdn Bhd to collaborate in contract farming of the Jatropha and Castor seeds.

8/8/2006 (Nutraingredients.com) - The Roundtable on Sustainable Palm Oil (RSPO) meets this month to discuss the critical issue of moving from a definition of 'sustainable palm oil' to defining its uptake and use in the market.

8/8/06 (Allafrican.com) - Nairobi. Bidco Oil Refineries has asked the East African Legislative Assembly (EALA) to persuade Tanzania to drop the 10 per cent import duty on crude palm oil imposed in this year's budget.

8/8/06 (The Edge News) - After taking huge bets on industrial commodities, hedge funds are now angling to reap returns on Malaysia's newly trendy palm oil market.

10/8/06 (The Edge News) - The government has called for oil palm plantation owners to step up their investments given the projected doubling of global demand for vegetable oils to 169 million tonnes annually by 2020.

8/8/06 (Sabah Daily Express) - Kota Kinabalu: Response from investors to start operations at the Palm Oil Industrial Cluster (POIC) Lahad Datu has been overwhelming but some snags in the sales and purchase provisions are delaying the conclusions of these agreements.

8/8/06 KUALA LUMPUR (Reuters) - Free-trade talks between ASEAN and India are being derailed by "foot-dragging" bureaucrats and New Delhi's refusal to include palm oil and other sensitive goods, an ASEAN official said on Tuesday.

9/8/06 (Sapa) Jakarta - Indonesia will allow foreign oil firms to sell biofuel domestically as the government ploughs ahead with plans to open up the renewable energy source industry, a local report said on Wednesday.

10/8/2006 (The Jakarta Post, Jakarta) - Imagine a world where a farmer could extract oil from his own crops, like palm, soy or peanut oil, and fill up the tank of his tractor. There would be no need to stop by at the gas station for petroleum-based fuels.

8/8/06 (MIRI) - Oil palm smallholders in Sarawak are advised to be on alert for the emergence of a new disease - Basal Stem Rot (BSR) - caused by a fungus called genoderma.

7/8/2006 (Agriculture Online) - The increasing global appetite for biodiesel and other biofuels is driving demand for vegetable oils to historic levels in world markets, leading to higher prices for vegetable oil relative to meal and causing soybean crushers to reevaluate their business models.