Archived News

7/9/06 (The Star) - KUCHING: Four plantation companies are teaming up with Assar Refinery Services Sdn Bhd and Sarawak Timber Industry Development Corp (STIDC) to develop a RM300mil integrated palm oil downstream complex in Tanjung Manis, Mukah Division in central Sarawak.

7/9/06 (The Star) - SUBANG JAYA: Palm oil mill specialist CB Industrial Product Holdings Bhd (CBIP) expects exports to Papua New Guinea to be a major contributor to revenue next year.

SINGAPORE, Sept 6 (Reuters) - Malaysian shares fell on Wednesday as lower oil prices, which fell to levels last seen in June, prompted investors to sell plantation stocks such as IOI Corp. .

6/9/06 (Daily Express News) - OIL palm plantations in Sabah are no longer carrying out open burning, CM Datuk Seri Musa said.

5/9/06 (News From Bangladesh ) - Bangladesh has bright possibility of exporting edible oil to the northeastern region of India, Myanmar and Nepal through sale of refined oil, said officials of oil refinery industries, reports BD News.

KUALA LUMPUR, Sept 4 (Reuters) - Malaysian palm oil producer Golden Hope Plantations Bhd said on Monday it plans to jointly produce biodiesel with South Korea's H-Plus Bio Ltd.

5/9/06 (Bloomberg) -- Ethanol and biodiesel use is soaring as record oil prices make the so-called biofuels more attractive. Stock investors say supply may be catching up to demand.

KUALA LUMPUR, Sept 7 (Reuters) - Malaysian shares are likely to ease further on Thursday, led by plantation stocks, as the market consolidates recent gains, brokers said. Losses on Wall Street were also likely to hurt sentiment.

7/9/06 9The Star) - SINGAPORE: Malaysia may revoke some of the 52 licences it issued to companies to develop biofuel as they aren't committed to the business.

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysian Oil Scientist's & Technologist's Association (MOSTA) will be organising the 6th Oils and Fats International Congress (OFIC 2006) from Sept 11-14 at the Putra World Trade Centre (PWTC).

05/9/06 (foodnavigator-usa.com) - Palm oil could cost about 10 per cent more next year, according to the Malaysian government, as interest in its use for biofuel continues to grow.

05/9/06 (Business Times) - IOI Corporation Bhd has acquired a 70 per cent stake in Sarawak-based Rinwood Pelita Miri Plantation Sdn Bhd (RP Miri) from Rinwood Oil Palm Plantation Sdn Bhd (ROPP) to pave the way for biodiesel development in the state.