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MARKET DEVELOPMENT  
  24-08-2001

Palm Diesel Still Feasible Even If CPO Touches RM2

KUALA LUMPUR, Aug 23 (Bernama) -- Producing palm diesel is still viableeven if the price of crude palm oil (CPO) touches RM2,000 a tonne, says arepresentative of a German refinery equipment firm.

MARKET DEVELOPMENT  
  24-08-2001

SMI operators urged to carry out more R&D on their

LESS than 20% of small and medium scale industry (SMI) operators carry outtheir own product research and development (R&D) to enable them upgradesand create new inventions.Domestic Trade and Consumer Affairs Ministry parliamentary secretary WongKam Hoong said only 3% of their total income was spent for the purpose.He said that in the manufacturing industry, only 5% of the localsregistered their patents while the rest were foreign manufacturers.“There are more than 100,000 SMIs nationwide. Out of the total, less than20% carry out their own R&D to enable them compete in a global market.“This is not encouraging and I hope that they will be more creative withmore inventions to enable them sell their own design as it will give themmore value added,’’ he said.He said after opening the Introduction to Malaysia Intellectual Propertyseminar here on Tuesday, Wong said to achieve this, the ministry hadrecently tabled the Intellectual Property Cooperation Act.He said the act would provide guidelines to locals not only in theindustrial and manufacturing sector but also in the agriculture sectorsuch as rubber and palm oil.Wong said this would also encourage more locals to create their ownpatents and trademarks to enable them stay competitive, adding that theywould table six other related acts in line with the act.“Our statistics reveal that less than 5% of inventions are owned by localsand that is why we are encouraging manufacturers to come out with theirinnovations,’’ he said.Friday, August 24, 2001The Star

MARKET DEVELOPMENT  
  24-08-2001

Venture Into Paper Industry To Make More Money, Pl

KUALA LUMPUR, Aug 22 (Bernama) -- Local palm oil planters should grab theopportunity to gain additional revenue by venturing into the paper-makingindustry, now that there is a latest cost-effective technology that couldprocess oil palm pulp into papers.

MARKET DEVELOPMENT  
  23-08-2001

Venture Into Paper Industry To Make More Money, Pl

KUALA LUMPUR, Aug 22 (Bernama) -- Local palm oil planters should grab theopportunity to gain additional revenue by venturing into the paper-makingindustry, now that there is a latest cost-effective technology that couldprocess oil palm pulp into papers.

MARKET DEVELOPMENT  
  23-08-2001

E-Pomex Reaches Out To International Players Next

KUALA LUMPUR, Aug 22 (Bernama) -- e-POMEX, the newly launched electronicexchange for palm oil products, would be available for internationalplayers from the first quarter next year, said chief executive officer ofEcomex Palm Oil (M) Sdn Bhd, Akib Sebli.

MARKET DEVELOPMENT  
  23-08-2001

E-Registration Will Create More Efficient Platform

KUALA LUMPUR, Aug 22 (Bernama) -- e-registration, an electronic submissionsystem, will mutually benefit the palm oil industry and the Malaysian PalmOil Board (MPOB), said its head of trade development unit, Jamil Nordin.

MARKET DEVELOPMENT  
  23-08-2001

Go For Global R&D Partners, Says Official

KUALA LUMPUR, Aug 22 (Bernama) -- In view of the lack of active researchand development (R&D) on agricultural products in Malaysia, it isessential for the country to work with leading R&D groups worldwide sothat Malaysian R&D can be more effective, said a Malaysian Palm OilAssociation (MPOA) official Chew Poh Soon.

MARKET DEVELOPMENT  
  23-08-2001

India Wants JV Partners For Oil Refinery

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia's palm oil industry playerskeen on having a partnership in oil refinery, would have a goodopportunity to do so with a company from India which wants to foray intothe edible oil sector.

MARKET DEVELOPMENT  
  23-08-2001

Oils & Fats Industry Must Take Part In Regulatory

KUALA LUMPUR, Aug 22 (Bernama) -- It is vital for the oils and fatsindustry to ensure the continuous participation in regulatory decisionmaking at both the national and international level.

MARKET DEVELOPMENT  
  23-08-2001

US, EU rapped over edible oil support

PRIMARY Industries Minister Datuk Seri Dr Lim Keng Yaik yesterdaycriticised the United States and some European countries, which produceedible oils, for providing various backups to their farmers to grow morein times of supply glut.

MARKET DEVELOPMENT  
  22-08-2001

CPO Prices To Stay At RM1,200

KUALA LUMPUR, Aug 21 (Bernama) -- Malaysian palm oil prices are expectedto stay at the RM1,200 per tonne level, Malaysian Palm Oil PromotionCouncil (MPOPC) director of marketing and promotion, Dr Ahmad Ibrahim saidhere Tuesday.

MARKET DEVELOPMENT  
  22-08-2001

Focus More On Development Of Oleochemicals For Ind

KUALA LUMPUR, Aug 21 (Bernama) -- The major growth in the use ofoleochemicals is expected to be in industrial applications, and as suchgreater focus should be directed towards this development, Cognis AsiaPacific regional vice-president Mohd Kassim Salleh said here on Tuesday.