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MARKET DEVELOPMENT
27-06-2012

Brazil\'s Vale Starts Amazon Palm-oil Production (Press Release)

27/06/2012 (MarketWatch) - Brazilian miner Vale SA (VALE, VALE5.BR) has inaugurated its first palm-oil-extraction plant in the Brazilian Amazon for use in biodiesel-fuel production in a $500 million project, the company said Tuesday.

MARKET DEVELOPMENT
27-06-2012

Felda Plants Seeds of Investor Discontent

27/06/2012 (Wall Street Journal) - There has been no place to hide lately for investors in initial public offerings.

MARKET DEVELOPMENT
27-06-2012

Dept To Check on Scheduled Waste Disposal From Sept

27/06/2012(Borneo Post) - The Department of Environment (DoE) will control and monitor the disposal of scheduled wastes generated by palm oil plantations, starting with Miri in September.

MARKET DEVELOPMENT
27-06-2012

FGVH\'s Listing: Another Milestone In Felda\'s Transformation

27/06/2012 (Bernama) - The initial public listing (IPO) of Felda Global Ventures Holding (FGVH) on 28 June is another cornerstone in the agency's continuous transformation process.

MARKET DEVELOPMENT
27-06-2012

FGVH Shares To Exceed RM5 Upon Listing, Says Analyst

27/06/2012 (Bernama) - The world's second largest initial public offering (IPO), Felda Global Ventures Holdings Bhd's (FGVH) share price is expected to exceed RM5 upon listing on Thursday, an analyst says Tuesday.

MARKET DEVELOPMENT
27-06-2012

BW Plantation To Open New Plant

27/06/2012 (Jakarta Post) - Publicly listed palm oil company PT BW Plantation (BWPT) would open next month its third palm oil mill in Central Kalimantan with a refining capacity of 35 tons an hour and has allocated Rp 90 billion (US$9.4 million) for new land acquisition for plantation expansion.

MARKET DEVELOPMENT
26-06-2012

Malaysia Palm-Oil Exports Rise 8.8%

26/06/2012 (MarketWatch) - Malaysia's palm oil exports during the June 1-25 period were up 8.8% from the same period in May at 1.21 million metric tons, cargo surveyor SGS (Malaysia) Bhd. said late Monday.

MARKET DEVELOPMENT
26-06-2012

VEGOILS-Palm Ends Higher on Dry U.S. Weather, Export Demand

26/06/2012 (Reuters) - Malaysian crude palm oil futures closed higher on Monday on hopes demand for the tropical oil would get a boost as dry weather in the United States curbs supply of competing soybean oil.

MARKET DEVELOPMENT
26-06-2012

Indian Companies Buying Palm Oil From Tainted Indonesian Firms

26/06/2012 (Times of India) - Indian government and industrialists may be speaking on sustainable growth and raising a voice for a greener world at the UN conference on Environment and Development at Rio, but their palm oil import practices tell another tale. A report released on Tuesday by Greenpeace, an environment NGO, shows that many Indian companies source palm oil, an essential ingredient in food products and soaps, from an Indonesian production firm, known for its environmental malpractices. The Indonesian palm oil giant supplies the oil to a big importer in India, which in turn sources it to major food and beverage companies. The Indonesian company has almost 1.5 lakh hectares of palm oil plantation area which it has extensively deforested, said a report released by Greenpeace.

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