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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
TOL to boost exports as palm oil price rises
22/5/07 (Bangkok Post) - Thai Oleochemicals Co Ltd (TOL) hopes to export most of its output to Asia and Europe starting from the fourth quarter this year due to the high cost of crude palm oil, its main raw material Kongkrapan Intarajang, the company's acting managing director, said that TOL, a wholly owned subsidiary of PTT Chemical Plc, would become the world's largest oleochemicals manufacturer and the sole oleochemicals supplier in Thailand next year.
Minister concerned over continuous rise in palm oil price
20/5/2007 - MIRI: Plantation Industry and Commodities Minister Datuk Peter Chin expressed his concern that the present continuous rise in the price of palm oil could aggravate the country's economic situation.
Malaysia to counter anti-palm oil lobby in Europe
20/5/07 The Star - MIRI: Malaysia will meet British and European parliamentarians to counter allegations by non-governmental organisations that the Malaysian oil palm industry was killing wildlife and destroying forests.
Delegation heads for Europe to counter anti-palm oil lobby
19/5/07 (The Star) - MIRI: Malaysia will meet British and European parliamentarians to counter allegations by non-governmental organisations that the Malaysian oil palm industry was killing wildlife and destroying forests.
A who's who of Indonesian biofuel
22/5/07 (Asia Times Online) JAKARTA - Some of Indonesia's most influential and politically connected companies have refocused their business strategies and are joining hands with foreign investors to push forward the government's multi-billion dollar ambition to transform the country into the world's leading biodiesel producer.
New palm oil tax may hurt plantation firms
17/5/07 (Daily Express) - Kuala Lumpur: A new tax to help palm oil refiners cope with cost will hurt the least efficient plantation company, analysts said, and topping the list is Tradewinds Plantations Bhd.
Key points on the environmental impact of palm oil
16/5/07 (CheckBiotech) The booming market for palm oil is driving record production but fueling rising concerns over the environmental impact of the supposedly "green" bioenergy source.
Price Stabilisation Scheme For Cooking Oil Re-Introduced
KUALA LUMPUR, May 18 (Bernama) -- The government is reactivating the cooking oil price stabilisation scheme from June 1 in an effort to ensure sufficient supply of cooking oil and that its ceiling price is maintained, the Plantation Industries and Commodities Ministry announced today.
Mandatory biofuel use necessary, says association
21/5/07 (The Jakarta Post) - Biofuel producers are urging the government to make the use of biofuel compulsory in order for the eco-friendly fuel business to become more economically viable.
