Archived News

27/1/05 (Dow Jones)--Indonesian palm oil producers lobby Gapki expects2005 palm oil exports at 7.8 million tons, up from 7.0 million tons in2004; but forecast unlikely to have much positive impact on prices asproduction also expected to rise sharply this year, traders say. Gapkiprojects output at 11.6 million-11.8 million tons in 2005, up from 10.8million tons in 2004. Gapki head says he expects CPO prices to recover toMYR1,350/ton in February due to lower oilseeds output in India

26/1/05 - FRESH palm oil investments from a Malaysian businessman willbenefit thousand farming families in North Cotabato..

1/25/2005 - Food makers enjoying bearish prices for palm oil usedextensively in food applications could see a rise as Malaysia, the world’snumber one producer, builds plans to reduce palm oil production, writesLindsey Partos.

Jan 24 7:51 PM USA - Consumers who begrudge paying Middle East oilinterests for diesel oil and heating oil have a clean, safe and domesticalternative in biodiesel. It doesn't involve drilling. It's actuallybetter for engines, and it works in any engine that uses diesel fuel. Itburns cleanly, and it is produced from crops grown in the fields of ourMidwest.

1/26/2005 - Food ingredients behemoth Cargill drives into growing Russianvegetable oil market, breaking ground on its first refinery in thecountry.

Saturday January 22, 2005 - CB Industrial Product Holding Bhd (CBIP) plansto start operating palm oil mills by next year in a move to expand itscore business of manufacturing such mills for its customers, said managingdirector Lim Chai Beng.

Sunday January 23, 2005 MIRI: The Plantations, Industries and CommoditiesMinistry is seeking the Government’s approval to set up a RM200milrefinery to produce bio-diesel from palm oil.

Mumbai, Jan 19 : Malaysian Palm Oil Promotion Council (MPOPC) today saidthat the differential duty structure imposed by India for crude palm oil(CPO), refined oil and soyabean oil is adversely impacting the palm oilprices of Malaysia.

Tuesday January 25, 2005 - THE proposed purchase of an oil palm plantationin Indonesia by motor vehicle parts maker Delloyd Ventures Bhd wasadversely received by investors, its share price closing 22 sen lower atRM2.46 when the stock was re-quoted yesterday.

21 January 2005 [BOGOTA] Plans to increase Colombia's share of the globalpalm oil market received a boost last month when the Centre for Oil PalmResearch, Cenipalma, opened its first research station.

KUALA LUMPUR, Jan 20 (Bernama) -- Tricubes Bhd's associate company,Tricubes Suria Sdn Bhd (Trisuria), has been awarded a RM9.183 millioncontract to implement select software, hardware and services for SabahPort Sdn Bhd's integrated Port Management System project.

NEW DELHI, Jan 20 (Bernama) -- The potential of using vegetable oils, suchas palm oil and soya oil as bio-fuels is increasing considerably aspetroleum crude prices continue to rule high.