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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price forecast to climb for rest of the year
CPO price strength could dissipate through end-2024, says BMI
Palm oil wrangle hits biofuel company
13/7/07 Guardian Unlimited) - Shares in Renewable Power and Light, a UK-listed company that aims to generate electricity from palm oil, crashed today after the company warned it expected to make a loss for the full year.
Renewable Power warns of loss, shares plunge
13/7/07 LONDON, (Reuters) - Shares in Renewable Power and Light Plc (RPL.L: Quote, Profile , Research) lost more than half their value because it expects to make a loss in 2007 instead of a $25 million pretax profit predicted by the house broker, the firm said on Friday.
Malaysia palm oil at 1-month high on soyoil
14/7/07 (Reuters) - KUALA LUMPUR: Malaysian crude palm oil futures ended at one-month highs on Friday, after prices of rival soybean oil rose due to lower US government estimates for soybean reserves.
Cut down oil palm on river banks, plantations warned
15/7/07 (NSTP) - KINABATANGAN: Stop planting oil palm trees on river banks or risk getting your licence revoked by the Ministry of Plantation Industries and Commodities.
MPOC Aims At Increasing Palm Oil Exports To Sub-Saharan Africa
14/7/07 KUALA LUMPUR, (Bernama) -- The Malaysian Palm Oil Council (MPOC) is planning to increase the export of local palm oil into the sub-saharan region via activities such as the Malaysia-South Africa Palm Oil Trade Fair and Seminar 2007 (POTS).
MPOB explains the palm oil cess
14/7/07 (The Edge News) - Kota Kinabalu: The palm oil cess imposed by the Federal Government on palm oil plantations nationwide is meant to subsidise the cost of producing 60,000 tonnes of cooking oil (palm olein) a month.
Palm oil firms burning Indonesian forests: Greenpeace
12/7/07 JAKARTA (Reuters) - Palm oil companies are burning peat forests to clear land for plantations in Indonesia's Riau province, despite government pledges to end forest fires, environment group Greenpeace said on Thursday.
Genome Technology Will Boost Oil Palm Yield, Says Scientist
11/7/07 KUALA LUMPUR, (Bernama) -- Malaysia may be only six to seven years away from oil palm capable of producing seven to eight tonnes of palm oil per hectare annually with the help of genome technology.
'Green' Palm Oil? The Body Shop Steps Up
13/7/07 (Brandweek.com) NEW YORK -- The Body Shop International became the first cosmetics and toiletries retailer to introduce "sustainable palm oil" into the global beauty industry with its initial launch of soaps in May.
