Archived News
13-06-2005
Chinese Investors Eye Indonesian Palm Oil Sector
6/8/2005 - The Jakarta Post - A group of Chinese investors have committedto investing up to US$8.6 billion in Indonesia's palm oil sector over thenext five years, a senior minister said on Wednesday.
13-06-2005
CPO prices poised to remain firm in next two years
Wednesday June 8, 2005 - THE crude palm oil (CPO) market will continueto thrive with prices expected to hold firm and well supported at RM1,400to RM1,600 per tonne in the next two years, according to a research house.
13-06-2005
Palm-oil : Rs. 50m Customs loss
Jun 11 12:36 PM - Sri Lanka - Government coffers have lost about Rs. 50million in revenue from the release of two under valued palm oil shipmentsin contravention of the Customs (Amendment) Act No.2 of 2003.
13-06-2005
Ringgit Revaluation May Hurt Malaysia CPO Prices
Wednesday June 8, 2:45 PM KUALA LUMPUR (Dow Jones)--A stronger Malaysianringgit is likely to hurt the price of crude palm oil, with some of thedownward pressure already being felt amid speculation of a revaluation,industry participants said.
13-06-2005
Rising output puts palm oil under pressure
Mumbai , June 10 - AFTER doggedly holding on to relatively high pricesfor several weeks, the palm oil market may be readying for a crash withrapidly rising production and trailing exports.
13-06-2005
TSH in tissue culture venture
The Edge Daily - Jun 07 8:20 AMTSH Resources Bhd’s sub-subsidiary TSH Plantation Mangement Sdn Bhd hasteamed up with Malaysian Palm Oil Board (MPOB) to set up a tissue culturelaboratory.
08-06-2005
CB Industrial aims to secure RM90m deals
June 7 2005 Business Times - PALM oil mill equipment and spare parts makerCB Industrial Product Holdings Bhd aims to secure up to 90 per cent of theRM100 million worth of new contracts it is negotiating this year.
08-06-2005
CSPI: 'Cruel Oil' Report Exposes Palm Oil's Impact
WASHINGTON, June 7 /U.S. Newswire/ -- Palm oil has long been known topromote heart disease, but a new report from the nonprofit Center forScience in the Public Interest (CSPI) says that palm oil production alsopromotes destruction of the rainforest, particularly in Malaysia andIndonesia. Further loss of forest may push endangered animal species,including orangutans, Sumatran tigers, and Sumatran rhinos, intoextinction.
08-06-2005
Ecofuture To Commercialize EFB Based Products
KUALA LUMPUR, May 30 (Bernama) -- Ecofuture Bhd a company which isinvolved in oil palm biomass, milling and sale of crude palm oil andkernel will focus on developing its products by using the empty fruitbunches (EFB).
08-06-2005
Felcra Plans Biodiesel Production - Hamzah
IPOH, May 29 (Bernama) -- Felcra Bhd plans to invest between RM40 millionand RM60 million to build a plant and to bring in technology to producebiodiesel.
08-06-2005
Heated Edible Oils Produce Toxic Substances, Say S
6/7/2005 -- Scientists from Spain have found that when heated thedegradation products from edible oils form toxic substances such asaldehydes. The type of oil and heating method affect the quantity oftoxins created and the rate at which they are created.
08-06-2005
Malaysia biofuel plan to go to cabinet next week
The Edge Daily - Jun 07 7:50 AM - Malaysia, the world's largest producerof palm oil, is putting the final touches to a plan to spur national useof a green fuel made by blending palm oil with the diesel sold at pumps.