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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil falls to 11-week low on weak exports, rising output
CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets
Preparation for ground breaking ceremony for Auluta underway
04/02/2009 (Solomon Star News) - PREPARATION for the ground breaking ceremony to start the Auluta Oil Palm Project in Malaita Province is now underway.
Staying fit on fats
04/02/2009 (The Nation UAE) - The topic of which fats are healthy and which are not is complex enough to confuse even those with a biochemistry degree, let alone the average shopper. There are monounsaturated fats, cis fats, trans fats, omega-3s, omega-6s and interestified fats, to name but a few. Their effects in the body are as varied as their names.
Malaysian government says forest reserve \'plundered\' for oil palm development
03/02/2009 (Mongabay) - Responding to allegations by the Human Rights Commission of Malaysia (Suhakam) that indigenous people have been forced from their lands (a charge it denied), the Sabah Forestry Department said that more than 30 percent of Mt. Pock And Tanjong Nagos Forest Reserves were "plundered" by "people with means to plant illegal oil palm including companies" up until 2001. The statement is noteworthy in that leaders of the Malaysian Palm Oil Council, the marketing and lobbying arm of the Malaysian palm oil industry, have maintained that oil expansion has not taken place at the expense of natural forest in Malaysia.
RP lags in global efforts to develop alternative fuels
04/02/2009 (Philippines Star), Bangkok - The Philippines must work double time to be able to catch up with worldwide efforts to develop alternative fuels, a ranking energy executive said.
India to produce 7.04 mt of vegetable oils
28/01/2009 (The Hindu), New Delhi - India is estimated to produce 7.04 million tonnes of vegetable oils in 2008-09, sufficient to meet only 46 per cent of the country's demand.
PTT plans to become regional ethanol hub
03/02/2009 (The Manila Times), Bangkok - PTT Public Co. Ltd. of Thailand said it plans to become Southeast Asia’s hub for ethanol production as it plans to export its products with the expected higher output this year.
Sampoerna Agro`s sales in 2008 reach Rp2.288 trillion
02/02/2009 (ANTARA News), Jakarta - PT Sampoerno Agro booked an income of Rp2.288 trillion from its sales in 2008, most of which consisted of crude palm oil, Sampoerna Agro`s corporate secretary, Budianto Tjuatja, said.
Regions seek forest conversions
02/02/2009 (The Jakarta Post) - The Forestry Ministry has said it has received a mounting number of requests from local administrations for permits to convert Indonesia’s dwindling forests into plantations, mostly due to uncertainty surrounding the spatial planning law.
FAILED VANGUNU OIL PALM PROJECT: MDL – A GOVERNMENT SCAM
02/02/2009 (Solomon Star News) - MDL stands for Marovo Development Limited, a company formed to do or run the Outgrower Palm Oil Scheme of the famous failed Vangunu Oil Palm Project. It is a private entity created purposely to do the Outgrower Scheme under the supervisor of Silvania Plantation Product (SI) Limited (SPPL).
