Archived News
02-07-2003
EU to become net rapeseed importer
HAMBURG (June 25 2003) : The European Union will become a net rapeseedimporter in 2003-04 as its rapeseed crop is forecast to fall to 9.30million tonnes from 9.34 million in the previous season, Hamburg-basednewsletter Oil World said.
02-07-2003
Indonesia sees palm oil output at 9.5 million tons
JAKARTA (June 24 2003) : Indonesia, the world's second- largest palm oilgrower, expects to produce 9.5 million tonnes in 2003, up 100,000 tonnesfrom last year, the Indonesian Palm Oil Commission said on Monday.
02-07-2003
Pakistan palm oil imports slow
ISLAMABAD (June 25 2003) : Pakistan palm oil trade has been slow in thepast week and a downtrend in international prices could keep the marketunder pressure, traders said on Tuesday.
24-06-2003
Bhaskar To Set Up Plants To Refine M'sian, Indon C
COLOMBO, June 23 (Bernama) - An Indian company, the Bhaskar Group, plansto set up two plants in Sri Lanka for processing and exporting palm oiland edible oils at a total cost of around 2.5 billion rupees (US$26million), using refined crude palm oil imported from Malaysia andIndonesia.
24-06-2003
Counter-trade for dam project still on
Tuesday, June 24 2003 - THE Government denied yesterday rumours that aplan to partly pay for the construction of the Bakun Dam project in palmoil had been scrapped.
24-06-2003
Guthrie may list Indon subsidiary earlier than 200
Tuesday, June 24 2003 - DIVERSIFIED Kumpulan Guthrie Bhd may list PTMinamas Plantations on the Jakarta Stock Exchange sooner than 2005 tocapitalise on the Indonesian subsidiary’s good performance.
24-06-2003
Guthrie taking steps to meet European standard
Tuesday, June 24 2003 - KUMPULAN Guthrie Bhd has initiated measures tomake its palm oil-based byproducts acceptable in European hypermarkets.
24-06-2003
Kulim goes downstream
Tuesday, June 24 2003 - KULIM (M) Bhd, fresh from acquiring twosubsidiaries of its parent company Johor Corp, aims to stamp its mark inthe lucrative oleochemical industry by going further downstream.
24-06-2003
Nation can be net pulp and paper exporter
Tuesday, June 24 2003 - MALAYSIA, which imports RM2.9 billion a year ofpulp and paper, has the potential to become a net exporter by 2008.
24-06-2003
Palm oil-for-rail deal with China still on track
Tuesday, June 24 2003 - CHINA Railway Engineering Corp (CREC) is stillinterested in getting paid in palm oil for double-tracking works on thesouthern railway grid, and has not pulled out of the billion-ringgit deal.
24-06-2003
Support for use of euro in trade
June 23, 2003 - MANUFACTURERS and exporters should be prepared to acceptpayments in euro, although economists say a widespread switch from the USdollar to euro for trade settlements remains far in the horizon.
20-06-2003
‘Use new clones to boost CPO output’
17/6/2003 - THE Government wants local palm oil producers to double theirper hectare crude palm oil (CPO) yield by 2020 to keep up with competitionfrom other edible oils.