Archived News

20/6/06 ( Allafrica,com) - Tanzania will delay the implementation of the Common External Tariff (CET) rate of zero per cent on crude palm oil, for one year, and instead impose a duty rate of 10 per cent.

BEIJING, June 19 (Bernama) -- The viability of palm oil as a clean alternative fuel has prompted several mainland China firms to seek palm oil waste from Malaysia to produce biodiesel amid spiking crude petroleum prices.

21/6/06 9The Edge Daily) - Boustead Holdings Bhd group is setting up an Islamic real estate investment trust (I-REIT) to be listed on the Main Board involving some of its oil palm estates and mills with a total value of up to RM570 million.

20/6/6 (The Jakarta Post, Jakarta) - President Susilo Bambang Yudhoyono and visiting Malaysian Prime Minister Abdullah Ahmad Badawi met Tuesday to discuss the progress of a number of collaboration agreements in the energy and palm oil sectors.

19/6/06 (The Star) - KUALA LUMPUR: Bursa Malaysia and Dalian Commodity Exchange (DCE) will jointly organise the China International Oil and Oilseeds Conference.

20/6/6 (Business Standard India) - Negotiations between India and Asean over the proposed Free Trade Agreement are deadlocked, with the latter now asking India to prune its list to just 60 items on which it will offer no tariff cuts. Asean has also rejected New Delhi's offer for a Tariff Rate Quota on palm oil, tea and pepper.

21/6/6 ( Reuters) - SAO PAULO, Brazil - Less than a year ago, analysts were saying the Brazilian government's biodiesel program -- based on castorbean oil production to benefit poor family farms -- was a charitable thought but unviable.

19/6/6 9The Star) - A British-Malaysian joint-venture will see the setting of a RM140mil biodiesel plant at the palm oil industrial cluster (POIC) in the Sabah east co-ast district of Lahad Datu.

20/6/6 (AP) - The American Heart Association has become the first big health group to urge a specific limit on trans fats in the diet - less than 1 percent of total calories - in new guidelines released Monday.

19/6/06 (Soyatech.com) - Driven by high conventional fuel prices and more strigent global fuel specs, key Asean countries - with India and China - are gearing up with incentives for biofuels investments. In Malaysia, there are plans to build 12 biodiesel plants with the first to be ready in 2007.

21/6/2006 (Soyatech.com) - Abstract Edible oil composition comprising 33 wt.% or more shea olein and one or more oils chosen from the group of rapeseed oil, soybean oil, sunflower oil or any fraction of these oils or palm olein.

13/6/06 (China Daily) - The Federal Land Development Authority (FELDA), the largest palm oil manufacturer in the world, has high hopes for China now that the nation has raised the quota for imports and showed a strong demand for the product in the first quarter.