Archived News

27/7/06 (The Star) - ARE we ready to capitalise on the expected increase in palm oil prices? The answer is a sad "no" simply because our palm oil yields had stagnated for so many years.

27/7/06 (NSTP) - MALAYSIA'S palm oil exports can reach RM29 billion this year, about 2 per cent higher than last year's figure, helped by high demand for crude palm oil (CPO).

26/7/06 (NSTP) - BEIJING: Palm oil-based biodiesel futures could become the latest derivatives product on Bursa Malaysia Derivatives Bhd and companies which own and operate biodiesel plants could also seek to list their shares on the Mesdaq market.

28/7/06 (NSTP) - SHANGHAI: Golden Hope Plantations Bhd (GHope) plans to set up palm oil-based biodiesel plants, one each in China and South Korea, to ride on both the countries' initiatives to reduce dependency on expensive fossil fuels.

25/7/06 (NSTP) - UNIVERSITI Teknologi Malaysia's (UTM) RM4.5 million expansion of its chemical engineering pilot plant (CEPP) in Skudai, Johor, will see its production capacity go up by 10 times by March 2007.

25/7/06 (NSTP) - BEIJING: China, which is Malaysia's top palm oil buyer, is mulling building its first-ever palm oil-based biodiesel plant to reduce its dependency on expensive fossil fuel.

24/7/06 (Reuters) - A move by Malaysia and Indonesia to pledge a big chunk of their palm output for biodiesel may not immediately send prices out of control but it has rung alarm bells that the once humble oil will become too expensive for both food and fuel production.

26/7/06 (AP) KARACHI - President General Pervez Musharraf on Tuesday inaugurated the $14 million MAPAK Edible Oil Refinery set up under a joint venture between Westbury Group of Company, Pakistan and FELDA of Malaysia palm oil refinery in Karachi.

SHANGHAI, July 26 (Bernama) -- Major plantations group Kuala Lumpur Kepong Bhd (KLK) officially opened its US$70 million palm-oleochemical plant Wednesday in Zhangjiagang port city as part of its business strategy to diversify into China

26/7/06 JAKARTA (AFP) - Acrid smoke from raging ground and forest fires on Indonesia's Sumatra blanketed the city of Pekanbaru, stinging eyes and reducing visibility, a meteorology official said.

KUALA LUMPUR, July 27 (Bernama) -- The plantation industry sees an exciting future under the Ninth Malaysia Plan (9MP) with the government recognising agriculture as the third engine of growth after manufacturing and services.

25/7/06 ISLAMABAD, (Dawn) - The producers of ghee and cooking oil have warned the government of a considerable increase in the prices of vegetable ghee and cooking oil before Ramazan due to high taxes and decrease in supply of edible oils to international market.