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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Premier Foods Leads The World in Efforts to Secure Sustainable Palm 0il
08/12/2011 (4-Traders) - Premier Foods, home to some of Britain's favourite food brands, today took one further step towards its goal of securing 100% sustainable palm oil by 2015 when the company was recognised with an award for its achievement in becoming the world's largest holder of multi-site certification by the Round Table on Sustainable Palm Oil (RSPO).
Mewah to Spend S$378 Million on Projects
08/12/2011 (TODAYonline) - Singapore-headquartered Mewah Group will invest US$295 million (S$378 million) on several projects and is also exploring the possibility of setting up a palm oil refinery in Indonesia, the Dow Jones news agency reported on Wednesday, citing its chief financial officer.
Greenpeace Slams Fonterra Over Alleged ‘Climate Crime’
08/12/2011 (DairyReporter.com) - NGO Greenpeace New Zealand (GPNZ) has attacked Fonterra’s continued use of controversial palm oil co-product, palm kernel expeller (PKE), as a supplementary dairy farm feed.
GE, Sinergi Ink Renewable Energy Pact
08/12/2011 (Business Times) - General Electric (GE) and Sinergi Perdana Sdn Bhd have signed an agreement to explore collaborative opportunities to develop renewable energy initiatives, with the primary aim of fostering efficient operations in the palm oil industry.
UK Government Climate Advisers Call for Biomass Push
08/12/2011 (The Guardian) - Britain will need a massive expansion of wood-burning stoves, wooden houses, wood-guzzling power stations and other similar technologies if greenhouse gas targets are to be met, the government's advisers on climate change have warned.
Morning Markets: Eurozone Hopes Prop up ag Commodity Prices
08/12/2011 (Agrimoney.com ) - The upside of Standard & Poor's threat on Monday to issue credit rating downgrades to a clutch of eurozone countries is that it will concentrate those nations' minds ahead of a key summit later this week.
VEGOILS-Palm Oil Drops on S&P\'s Possible Eeuro Zone Downgrade
07/12/2011 (Reuters) - Malaysian palm oil futures dropped on Tuesday as the euro zone debt crisis deepened with rating agency Standard & Poor's warning it may cut the credit ratings of the region that is threatening to slow the world's economic growth.
Feronia Inc. Completes Re-Planting of 2,000 Hectares of Oil Palm
07/12/2011 (MarketWatch) - Feronia Inc. ("Feronia" or the "Company") today announced that Feronia PHC, its oil palm plantations division, has completed the targeted 2011 re-planting programme of 2,000 hectares of oil palm.
Malaysia Open to Raising Renewable Energy Quotas
07/12/2011 (Business Times) - The government is open to raising quotas to generate renewable power (RE) if consumers are willing to pay another 1 per cent RE levy on top of the current 1 per cent in the electricity bills.