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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
PTT Aromatics Kills Thai Biojet Fuel Project, Citing Costs
21/07/20121 (Biofuels Digest) - In Thailand, PTT Aromatics and Refining has frozen its $150 million biojet investment project because it fears that high production costs would deter any interested buyers, costing airlines like THAI more to buy the fuel than to buy carbon credits.
Nigeria Spent N1.314tn on Foods Importation In 3 Years – Adeshina
21/07/2011 (Vanguard) - The Nigeria imported foods worth N1.3trillions between 2007 and 2010. This fact was disclosed by Dr Akinwunmi Adesina, the new Minister of Agriculture in Abuja. Adesina, disclosed this when he assumed duty in Abuja.
Malaysia Is Third Largest Investor In Cambodia
21/07/2011 (Bernama) - Malaysia has become the third largest investor in Cambodia with its investments in the country amounting to US$3.4 billion from 1980.
BURSA MALAYSIA: KL Shares End Morning Session Higher
21/07/2011 (Bernama) - Share prices on Bursa Malaysia ended the morning session higher today as investors hunted for bargains after two days of losses, dealers said.
Vegetable Oil Output May Climb on Palm Yields, Oil World Says
20/07/2011 (Bloomberg) - Vegetable oil production may gain 4 percent in 2011 following a larger increase last year as higher yields in Malaysia and Indonesia boost palm-oil output, Hamburg- based researcher Oil World said in a report today.
EU Gets Tough On Dirty Biofuel, Pledges More Action
20/07/2011 (Reuters) - Europe's energy chief announced seven green certification schemes for biofuels on Tuesday and promised in future to tackle the unwanted side-effects of turning food into fuel.
Palm Oil Labelling In Australia Could Become A Reality If Bill Passes
20/07/2011 (The Guardian) - While the quasi-apocalyptic tumult over carbon pricing has dominated the Australian media for the best part of 2011, another fierce, albeit less high profile, environmental debate has entered its final stages – the labelling of palm oil on product packaging.
Indonesia’s Forest Moratorium: A Decent Deal For Palm Oil
20/07/2011 (International Centre for Trade and Sustainable Development) - The recent Indonesian decree imposing a 2-year moratorium on new permits to convert natural forests and peatlands was initially thought to have adverse impacts on palm oil development, by limiting the land reserves for expansion. In reality, the decree still provides significant space for the expansion of palm oil plantations. First of all, the moratorium exempts concessions covered by “in principle†permits. This means that those that have secured permits prior the moratorium’s entry into force can continue to convert forests. More importantly, the country’s vast secondary natural forests fall outside the moratorium’s scope, meaning their conversion, including for palm oil plantation, is made possible. Overall, business as usual is expected for palm oil development.
Crude Palm Oil Trades Higher As Spot Demand Picks Up
20/07/2011 (MSN India) - Crude palm oil prices traded higher by Rs 1.10 to Rs 478.60 per 10 kg in futures trade today on pick-up in spot market demand.
