Archived News

17/5/06 KUALA LUMPUR (the Star) - The palm oil industry's agenda from this year onwards should focus on going global, said Business Council for Sustainable Development Malaysia executive director Datuk Ghazali Yusoff.

18/5/06 JAKARTA (Asia Times) - Spiking global oil prices have fuel-importing countries everywhere examining the potential of lower-cost biofuels to save on their fuel bills and shore up national energy security. That's particularly true for Indonesia, which currently imports 30% of its energy needs but also boasts Asia's biggest bounty of the tropical resources used to produce the most efficient biofuels.

LONDON, May 18 (Bernama) -- The Malaysian Palm Oil Promotion Council (MPOPC) has announced the launch of a RM20 million fund to enhance biodiversity conservation related to palm-oil production worldwide.

18/5/06 KARACHI (Asia Pulse) - A Saudi business group, Savola Edible Oils intends to invest US$1 billion in edible oil and sugar sectors in Pakistan and wants local active partners.

16/5/06 (Platinum Today) - Car manufacturer Toyota and oil distribution firm Nippon Oil have together developed a powerful form of bio-diesel using palm oil, it has been reported.

16/5/06 (Business Times) - THE price of crude palm oil (CPO) is expected to reach RM1,600 per tonne, fuelled by its increasing demand for the production of biodiesel and biofuel.

17/5/06 (Bernama) - BioX Group BV has decided to partner Tradewinds Plantation Sdn Bhd in a project to jointly develop the United Nations-recognised Clean Development Mechanism (CDM).

16/5/06 KUALA LUMPUR (AFP) - Malaysia has hit back at allegations its palm oil industry kills orangutans by clearing forests, saying it was an attempt by industry competitors in the developed world to undermine the sector.

KUALA LUMPUR, May 16 (Bernama) -- The government would continue to protect its existing forest areas and not allow them to be cleared just for the purpose of planting oil palm amidst the rising demand for the commodity for the production of biodie

16/5/06 KUALA LUMPUR (The Star) - Golden Hope Plantations Bhd has received approval to acquire an additional 50,000ha of oil palm plantation in Indonesia over the next five years, said group chief executive officer Datuk Sabri Ahmad.

BESUT, May 14 (Bernama) -- Tabung Haji through its subsidiary TH Plantations Bhd will open two new plantations totalling 2,660 hectares in Terengganu and Pahang to expand palm oil production.

14/5/06 JAKARTA, (Asia Pulse) - The price of crude palm oil (CPO) is predicted to rise this year with expected increase in demands from China and India and growing requirement to be processed in alternative fuel.