Archived News
25-11-2019
Total criticises palm oil tax move, says plant survival at stake
Total's Chief Executive Patrick Pouyanne on Sunday criticised the French parliament's decision on Nov. 15 to remove tax breaks on palm oil in biofuels, saying the survival of its biorefinery in southern France was at stake.
25-11-2019
Handle pollution issues, EU's palm oil ban prudently
We had two Pasir Gudang pollution incidents followed by a few river pollution cases that caused water treatment plants to shut down.
22-11-2019
Oil palm plantation map for public access next year
KUALA LUMPUR: To further enhance palm oil sustainability, the government has listed four policies which include mapping out the country’s oil palm plantation areas and make it available for public access, Ministry of Primary Industries secretary-general Datuk Tan Yew Chong said.
22-11-2019
Sustainable palm oil scheme vital to industry, says analyst
KUALA LUMPUR: An analyst of the palm oil industry has welcomed Malaysia’s push for certification of all domestic producers under the Malaysian Sustainable Palm Oil (MSPO) scheme.
22-11-2019
PIPOC 2019 fuels hope for a fruitful 2020 for palm oil industry
KUALA LUMPUR (Nov 22): The palm oil industry is set to see a fruitful 2020 as various efforts undertaken by the government, its agencies and stakeholders which are centered on sustainability begin to show results.
22-11-2019
Global palm oil stocks to fall as output growth slows — analyst Fry
KUALA LUMPUR (Nov 21): Growth in palm oil production will slow in the next few years, helping reduce stockpiles and boost prices, leading industry analyst James Fry said on Thursday.
22-11-2019
Indonesia's B30 biodiesel plan a boost to domestic palm oil consumption
Indonesia will roll out B30 biodiesel, a fuel blend with a bio-content of 30 per cent, in January 2020. JAKARTA: Mr Rudi pulled up next to a pump in a petrol station in Jakarta. He lifted a grey nozzle and filled up his truck with palm oil-based B20 biodiesel.
22-11-2019
Cooperation among Govts on biodiesel mandates can sustain CPO price rise
KUALA LUMPUR (Nov 21): Crude palm oil (CPO) prices would be able to sustain its current upward momentum if Governments, particularly those from the Council of Palm Oil Producing Countries (CPOPC), could coordinate allocation increases under the biodiesel mandates, says palm oil expert Dr James Fry.
21-11-2019
Palm oil output deficit to push price upward in 1H20: Expert
KUALA LUMPUR (Nov 20): The biodiesel mandate in the world’s largest palm oil producers Indonesia and Malaysia could cause a deficit in palm oil stocks and push up crude palm oil (CPO) prices next year, said a leading palm oil industry analyst.
21-11-2019
Malaysian Palm Oil Board: Good move to replicate Opec for palm oil industry
KUALA LUMPUR, Nov 20 — The Malaysian Palm Oil Board is in favour of any move by Indonesia and Malaysia as the world’s largest producers of palm oil, to form a body similar to the Organisation of Petroleum Exporting Countries (Opec).
21-11-2019
Palm oil more sustainable than rivals, says Italian think tank
KUALA LUMPUR: An Italian think tank has defended the palm oil industry against accusations that it degrades the environment, saying it uses land more efficiently than do industries producing competing oils.
21-11-2019
When grown right, palm oil can be sustainable
Turning an abandoned pasture into a palm tree plantation can be carbon neutral, according to a new study by EPFL and the Swiss Federal Institute for Forest, Snow and Landscape Research (WSL). These findings, based on measurements of 56-year-old palm tree plantations in Colombia, suggest we may be able to find sustainable alternatives to deforestation for the production of palm oil—a practice currently under fire by environmentalists.