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FGV may see earnings fall over 50pct annually from expanded SST
CIMB: India's duty cut, low stocks seen boosting Malaysian palm oil exports
Palm Oil Market Set for Strong Growth to USD 106.5 Billion by 2032 Amid Rising Sustainability Focus
CPO Futures End Lower for Second Straight Day On Oversupply Concerns
All Cosmos to invest RM50m in Sabah plant
21/11/2009 (My Palm Oil) - ALL Cosmos Industries Sdn Bhd is investing RM50 million in Sabah for a 200,000-tonne fertiliser plant, as its high organic content fertiliser is gaining popularity among oil palm planters.
RSPO Still Intact Despite Greenhouse Gas Contention
21/11/2009 (The Star Online) - Malaysian Palm Oil Association (MPOA), which represents major oil palm oil companies such as Sime Darby Bhd, Kuala Lumpur Kepong Bhd, IOI Corp Bhd and Felda, wants the RSPO to focus on sustainable production of palm oil for “food†use to meet the “3Ps†– profit, people and planet – and not on GHG emissions by the EU legislations meant for biofuel and energy sector. MPOA chief executive Datuk Mamat Salleh says the EU legislation conveniently left out one “P†– profits – or economic sustainability where the heavily-subsidised biofuel and feedstock in the EU was still considered as sustainable product.
Bank unit to review palm oil and other carbon-intensive loans
20/11/2009 (Bank Information Centre) - A complaint filed by Indonesian community groups in response to practices by one World Bank-funded corporation has spurred a major re-examination of how the International Financing Corp. (IFC) -- a major lending arm of the World Bank to the private sector -- conducts its lending.
Malaysia palm oil: slower output in 2009
19/11/2009 (Palm Oil HQ), Hamburg - Malaysia’s 2009 palm oil output will rise only marginally following years of rapid growth, Hamburg-based oilseeds analysts Oil World said yesterday.
The threat of deforestation on climate change
19/11/2009 (The Casual Truth) - Humans have destroyed forests since the dawn of time. No big deal. However, this destruction has increased rapidly in recent times with the rising global demand for food, fuel, building materials, land and other commodities.
INTERVIEW-Oleon to double Malaysia palm processing capacity
18/11/2009 (Alibaba.com) - Belgian oleochemicals maker Oleon Holding NV will double its plant capacity in Malaysia to 34,000 tonnes in the next two years to meet growing demand for palm oil-based products in the food and auto sectors.
Indonesia’s Small-Scale Palm Oil Farmers Finding Green Certification Costly
17/11/2009 (Jakarta Globe) - Indonesia’s small-scale palm oil farmers are not acquiring certifications as environmentally friendly producers because it is expensive and certified palm oil does not command a premium on world markets.
Sri Lanka Carson Sept net buoyed by palm oil
17/11/2009 (LBO) - Sri Lanka's Carson group said net profit for the September 2009 quarter almost doubled from a year ago mainly on strong contributions from its palm oil plantations in east Asia.
Palm oil help feed an increasingly hungry world
16/11/2009 (MY Palm Oil) - INDONESIA’S 7.1 million hectares (ha) of oil palm plantation’s current average oil yield of 2.8 tonnes per ha per year is set to surpass the 3-tonne mark by 2015, as trees mature and bear more fruits, says Indonesian Palm Oil Commission (Ipoc) executive chairperson Dr Rosediana Suharto.