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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Cash reserve to fuel expansion
23/01/2009 (The Star Online), Kuala Lumpur - Chin Teck Plantations Bhd has a cash reserve of RM120mil to be used for its expansion plans.
Danisco First with Sustainable Emulsifier
21/01/2009 (Flex News) - Used mainly to bind oil and water in food, these emulsifiers are based on sustainable palm oil or sustainable palm kernel oil. The new sustainable emulsifier meets the increasing consumer demand for ethically correct consumer goods.
Planters crave for more cuts in cess and taxes
21/01/2009 (The Star Online) - AFTER months of lobbying, oil palm planters finally convinced the Government to reduce the burdensome palm oil price stabilisation fund cess to RM2 per tonne from RM4 previously.
The cost of the biofuel boom on Indonesia\'s forests
21/01/2009 (Guardian) - As a child, Matt Aman grew up in the lush tropical lowland rain forest of Sumatra. Tigers padded through the underbrush, rarely seen and silent as shadows. "It made my skin prickle," the indigenous leader recalled recently as he sat on the floor of a stick hut surrounded by fellow villagers.
Indonesia Musim Mas gets green palm oil certificate
21/01/2009 (Reuters), Jakarta - Indonesia's PT Musim Mas has been certified as the country's first firm to have adopted stricter sustainability standards in producing palm oil, Agriculture Minister Anton Apriyantono said on Wednesday.
Thai palm oil group plans biomass energy businesses
20/01/2009 (Biofuel International) - Thailand-based palm oil crushing company Vichitbhan Group is investing almost THB2 billion (€44.3 million) to set up biogas and biomass energy businesses.
No tax on palm oil imports, ban on cereals futures to stay: Pawar
21/01/2009 (Live Mint.com), New Delhi - India, the world’s largest buyer of vegetable oils after China, ruled out import taxes on crude palm oil as prices of domestic oilseeds stay above the assured rates that the government pays farmers.
Government Mulls Scrapping Palm Oil Windfall Tax
19/01/2008 (Bernama), Putrajaya - The government will consider abolishing Windfall Profit Levy for palm oil if the crude palm oil price rises further, Plantation Industries and Commodities Minister Datuk Peter Chin said Monday.
EU Palm Oil Demand Hit
20/01/2009 (The Jakarta Globe) - The European Union’s increasing demand for crude palm oil, or CPO, is evidence of its inconsistent stance on climate change, an environmentalist said on Monday.