Archived News

17/11/06 (Soyatech.com) - Thai Fatty Alcohol, a 50:50 joint venture between PTT Chemical and Cognis Thailand, is investing Bt820 million to build a fatty-alcohol plant on the Eastern Industrial Estate in Rayong province.

27/11/06, Kuala Lumpur: A merger of three Malaysian plantation conglomerates will create the world's largest listed palm oil estate, and boost the country's status as a palm oil producer amid growing regional competition, analysts said.

30/11/06 (www.planetark.com) BRUSSELS - The European Commission sharpened its main weapon for fighting climate change on Wednesday, drawing fire from EU governments after demanding cuts in their carbon dioxide emissions plans for 2008-2012.

30/11/06 ( www.planetark.com) BEIJING - China, the world's number two oil importer, plans to start using biodiesel in cars next year in an attempt to cut its dependence on imported oil, industry officials said on Wednesday.

30/11/06 (Newkarala.com) New Delhi - The Indian Vanaspati Producers' Association (IVPA) has asked for the custom duty on crude palm oil to be brought down to 20 per cent on actual user basis, in order to compete with vanaspati imported from Sri Lanka and Nepal.

29/11/06 KUALA LUMPUR (AFP) - Malaysian investors expressed caution over a proposed merger to create the world's largest palm oil firm, saying that "size does matter" but a smaller company might be more profitable.

1/12/06 (Reuters) KUALA LUMPUR - Malaysian palm oil producer Carotino Sdn Bhd aims to start its second biodiesel plant next year and has sold out the entire output of its first unit up to March, a top company official said on Thursday.

27/11/06 KUALA LUMPUR, Malaysia (AP) -- Three Malaysian government-linked palm oil companies will merge to create the world's biggest palm oil business worth around 31.4 billion ringgit (US$8.66 billion; euro6.62 billion), officials said Monday.

26/11/06 KARACHI (Business Recorder): Palm oil prices in the international market have shot up by $100 per ton in the wake of skyrocketing prices of oleo chemicals besides increased consumption of bio-diesel and food items, industry sources said on Saturday.

28/11/06 (The Star) - PETALING JAYA: The three-year-old plan to merge Sime Darby Bhd, Golden Hope Plantations Bhd (GHope) and Kumpulan Guthrie Bhd (Guthrie) under the stable of Permodalan Nasional Bhd (PNB) has finally been set into motion.

24/11/006 (Reuters) 0 KUALA LUMPUR - Palm oil prices are expected to rise further by early next year as stockpiles decline due to robust global demand ignited by the rapidly expanding biofuel industry, a leading analyst said on Friday

22/11/06 (International Herald Tribune) - Johan Tazrin Ngo at Kenanga Investment Management, whose funds got a lift from palm oil producers, is moving to cash because he expects a slowdown to affect Malaysia.