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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 strength could dissipate through end-2024, says BMI
CPO price forecast to climb for rest of the year
Attend Biofuels Markets Brussels!
With the European Directive targeting 5.75% biofuels usage by 2010 the industry is mobilising, biorefineries are being built and contracts draw up with feedstock suppliers across the region.
U.S., Malaysian Firms Start Joint Venture for Biodiesel Processing
30/1/2006 Business Times (Malaysia) - DXN Holdings Bhd has announced that its wholly-owned subsidiary, Future Nutri Sdn Bhd, is setting up a 50:50 joint-venture company with Green Diesel Corp from the US to venture into the biodiesel business.
Sarangani dangles 80T hectares to investors for oil palm use
2/2/06 (Sun Star) - THREE more towns in Sarangani province were identified as oil palm investment areas that could accommodate 80,000 hectares for the crop's cultivation.
Perlop settlers: Wild jumbos destroying our oil palm trees
1/2/06 (The Star) - About 100 settlers of Perlop Land Scheme in Sungai Siput are putting up with losses worth millions of ringgit after wild elephants destroyed some 50ha of their young oil palm trees.
Tariff value for soya oil down by USD 8, palm oil by USD 3
31/1/06 New Delhi, (New Kalara.com) - Government today reduced tariff value for crude soybean oil by eight dollar and crude palm oil by three dollar in its fortnightly revision for major edible oil imports.
Golden Hope to streamline biodiesel operations
1/2/06 (The Star) - Golden Hope Plantations Bhd (GHope) plans to consolidate its biodiesel projects this year, but will remain active in land expansion for oil palm cultivation in Indonesia.
Tariff values cut for vegetable oils
31/1/06 Chennai (The Hindu) - THE Union Government on Tuesday cut the tariff values or the base price at which the customs duty are calculated for vegetable oils. This is the third time that it has cut the values this year.
Biofuel to Drive Indonesian Palm Oil Expansion
7/1/06 JAKARTA (Reuters) - Indonesia's government plans to develop 3 million hectares of palm oil plantations in the next five years to meet increasing demand for biofuel as an alternative source of energy, the agriculture minister said on Wednesday.
Chin Teck To Continue Oil Palm Replanting Programme
26/1/06 KUALA LUMPUR (Bernama) -- Chin Teck Plantations Bhd will replant 800 hectares of oil palm plantations in Malaysia this year, and plant an additional area of 4,000 hectares in Indonesia over the next three years to meet supply.
