Archived News

8/6/06 (Business Times) - BURSA Malaysia has defended its plan to license out daily settlement prices for crude palm oil (CPO), saying it will make Malaysia the global pricing centre for its golden crop.

02/06/2006 (Food Production Daily) - The Roundtable on Sustainable Palm Oil (RSPO) welcomed UK supermarket Sainsbury's as its 100th ordinary member last week.

2/6/06 ( The Jakarta Post, Jakarta) - Giant instant noodle maker PT Indofood Sukses Makmur is set to launch an initial public offering (IPO) for its crude palm oil business.

KUANTAN, June 2 (Bernama) -- Malaysia has the potential to become the world's leading biodiesel producer with the help of the country's reputation as the world leading producer of palm oil.

KUANTAN, June 2 (Bernama) -- Mission Biotechnologies has invested RM100 million to set up a new biodiesel and glycerine purification refinery located at the Kuantan Port here.

1/6/2006 (The Star) - KUALA LUMPUR: Rimbunan Sawit Bhd is looking to further expand its land bank over the next two to three years, chief operating officer Khoo Lian Hong said yesterday.

3/6/06 (Business Times) - THE Government has approved the construction of 22 biodiesel plants, whose combined capacity could earn Malaysia some RM700 million in export revenue based on current crude palm oil prices.

3/6/06 (Business Times) - UK RENEWABLE fuels company, Biofutures International Plc, is in talks to buy a biodiesel plant in Malaysia in a deal which will result in the takeover of the British firm.

1/6/06 (Business Times) - SOON-TO-BE-LISTED Rimbunan Sawit Bhd expects a net profit of RM8.5 million for its year ending August 2006 on the back of a RM110.4 million revenue.

25/5/06 (Business Standard India) - Tariff rated quotas on palm oil imports from Malaysia, Thailand and Indonesia under the proposed Free Trade Agreements will spell doom for the Indian edible oil industry, industry players said. Cheap palm oil would flood Indian markets if imports were allowed at lower duty, they said.

SIBU, May 25 (Bernama) -- The Ta Ann Group, a timber and oil palm conglomerate, is investing RM28 million in a biomass power plant at its plywood processing factory in Sungai Sadit here.

TOKYO, May 24 (Bernama) -- Japan is keen to cooperate with Malaysia in undertaking mutually beneficial research on producing high-quality biodiesel using palm oil, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Tuesday.