Archived News

24/04/2024 (World Bio Marketin Sights) - Mitsui O.S.K. Lines announced that the hybrid passenger ship ‘Hanaria’, which uses hydrogen and biodiesel as fuels, started service in Kitakyushu.

23/04/2024 (New Straits Times), Kuala Lumpur - Malaysia always adhered to the concept of sustainability to strengthen the country's oil palm industry by ensuring no deforestation activities or forced labour, in compliance with international standards.

23/04/2024 (The Star), Johor Baru - A consumer has accused a supermarket in Johor of hoarding subsidised cooking oil and selling the product to foreign workers in a viral video.

22/04/2024 (The Business Times) - PALM oil exports from Indonesia, the world’s biggest exporter of the commodity, are expected to recover in April, after shipments in March and February fell below the monthly average over the past year, the trade ministry said on Monday (Apr 22).

22/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday influenced by stronger Malaysian palm oil export in April, said a dealer.

21/04/2024 (Egypt Today), Cairo - Minister of Supply and Internal Trade, Ali Al Moselhi, has announced a reduction in oil cooking prices, resulting in a decrease of 36 percent for this commodity. The latest reduction, which took effect on Saturday, amounts to a 14 percent drop.

23/04/2024 (Alberta Farmer Express) - The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year.

22/04/2024 (Brighter World) - Climate change is part of the reason you’re digging deeper into your pockets at the grocery store, a McMaster economist says.

19/04/2024 (Free Malaysia Today), Petaling Jaya - Demand for palm products is projected to advance due to better economic conditions in 2024, said Genting Plantations Bhd chairman Zahidi Zainuddin.

19/04/2024 (The Edge Malaysia), Kuala Lumpur - MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.

19/04/2024 (Reuters), Beijing/Singapore - Malaysian palm oil futures surrendered early gains on Friday, setting them on course for a second consecutive weekly decline, as traders weighed concerns over escalating tensions in the Middle East and slowing palm oil demand.

21/04/2024 (Blueprint) - A University Don, Prof. Segun Kevin Otoikhian, weekend, said indigenous automobile manufacturers and first time investors, as well as established plants should emulate similar firms in Indonesia, Brazil and USA whose economies have incorporated biodiesel technology.