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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
RI May Soon Become Top Sustainable CPO Producer
27/03/2012 (Jakarta Post) - Indonesia is set to become the world’s largest palm oil producer in the near future, driven by increased production of locally certified sustainable palm oil (CSPO) and a higher number of local palm oil producers taking part in the sustainable certification scheme, an international multi-stakeholder certification body says.
AIM Targets RM60b Palm Oil Contribution To GDP By 2020
27/03/2012 (Malaysian Reserve) - Agensi Innovasi Malaysia (AIM) is optimistic that the palm oil sector's contribution to the national gross domestic product (GDP) can be doubled from RM30 billion to RM60 billion by 2020.
CB Industrial Wins Palm Oil Mill Job
27/03/2012 (Business Times) - CB Industrial Product Holdings Bhd (CBIP) has announced that it has received a letter of award from Syarikat Ladang Sungai Terah Sdn Bhd (a subsidiary of Kumpulan Perladangan PKINK Bhd) worth RM44.66 million.
Indonesia Raises Export Tax on Crude Palm Oil
27/03/2012 (Lanka Business Online) - The Indonesian trade ministry said it will raise the export tax on crude palm oil (CPO) to 18 per cent in April from 16.5 per cent at present.
Waste Not The Palm Oil Biomass
27/03/2012 (The Star) - The palm oil industry generates a fair amount of biomass, which the Government feels should be put to better use rather than just be left in the field as fertiliser.
Drought in South America hits palm oilBy Emiko Terazono
27/03/2012 (Financial Times) - Palm oil prices hit a year high on Monday amid a broader rally in oilseeds triggered by concerns about the soyabean crop in South America.
‘Felda Will Be Listed One Way or Another’
27/03/2012 (New Straits Times) - Felda has put in place measures to ensure the proposed listing of Felda Global Ventures Bhd (FGVH) proceeds as planned, with or without the involvement of Felda Investment Cooperative (KPF).
India Supports Sustainable Palm Oil (Press Release)
27/03/2012 (Business Wire India) - Industry leaders shift towards sustainable solutions of palm oil India’s palm oil footprint stands at approximately 2 million hectares.
More Jobs Coming as Cross River Invests in Palm Oil
26/03/2012 (The Nation) - Cross River State is popular for its oil palm plantations and palm oil production. The business, however, became moribund. To revive the sector, the Governor, Liyel Imoke, has embarked on a privatisation drive, from which about 5,000 jobs are expected, reports DUPE OLAOYE-OSINKOLU.