Archived News

24/11/05 SHANGHAI (AFX) - Chinese candle makers will have to cut exports to the US next year if a decision expected in January puts candles made from palm oil in the same category as petroleum wax candles, the Shanghai Daily reported.

24/11/05 SINGAPORE, (Bernama) -- The members of the Roundtable on Sustainable Palm Oil (RSPO) have adopted the Principles and Criteria for Sustainable Palm Oil Production with an overwhelming majority.

30/11/05 KUALA LUMPUR (COMTEX) -- Malaysia will send fact- finding teams to explore investment opportunities in palm oil- related activities overseas, especially in those countries that have the similar climate, a senior official said here on Tuesday

30/11/05 (Philippine Daily Inquirer) - Brighter prospects are on hand for Philippine coconut producers and millers as local manufacturers expand operations and a new biodiesel plant comes on-stream next year.

30/11/2005 (Financial Express) - Genome-mapping through PCR-based (Polymerase chain reaction) molecular markers could unlock R&D in plantation crops like cocoa, arecanut, oil palm, acacia and cinchona too, according to Dr K V Peter, Vice Chancellor, Kerala Agricultural University.

29/11/05 (Thai Press Reports) -Indonesia, the largest country in Southeast Asia, is likely to surpass Malaysia as the world's biggest palm oil producer.

21/11/05 RIO DE JANEIRO (Agence France-Presse) - Brazil could lead the world toward a revolution in biodiesel and become a world energy leader, President Luiz Inacio Lula da Silva said Friday.

21/11/05 Mumbai (Business Line) - The vegetable oil import basket of the world's second largest importer, India, is dominated by the palm group of oils followed by soyabean oil, to the virtual exclusion of all other oils save a small quantity of sunflower oil and coconut oil

22/11/2005 (Philadelphia Inquirer) - In the heart of Borneo, home to one of the world's last remaining expanses of intact rain forest, Hermas Rintik Maring, an avid conservationist, marvels at the life within the vast canopies of jungle green that for centuries have made this tropical island vital to the health of the region. At the same time, he says he fears this pristine forest could fall to the whine of chain saws and the rumble of bulldozers clearing land for what has been billed as the world's largest palm oil plantation.

22/11/05 SINGAPORE, (Bernama) -- An eight-point principles and criteria (P&C) that seeks to implement the best approach to sustainable palm oil production globally has been tabled for formal adoption at the Third Roundtable on Sustainable Palm Oil (RSPO), here Tuesday.

21/11/05 (The Star) - THE price of crude palm oil (CPO), which is showing no sign of weakening, has the potential to register further increase as it enters into the new price cycle by year-end.

21/11/05 NEW DELHI, (Asia Pulse) - Pointing that duty free imports of vanaspati were hitting the domestic industry hard, PHDCCI on Friday asked the Government to reduce the import duty on crude palm oil to 20 per cent from current 81.9 per cent.