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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Government approves 20 bio-diesel projects this year
8/6/06 (The Star) - KUALA LUMPUR: The government is taking steps to promote the research and development as well as utilisation of alternative fuels in Malaysia, including a RM1.9bil investment for bio-diesel projects this year as at June 1, according to Deputy International Trade and Industry Minister Datuk Ahmad Husni Hanadzlah.
Singapore's Advanced Holdings to invest in biofuels
SINGAPORE - 07 June 2006 - Sesdaq-listed Advanced Holdings Ltd. ("Advanced" or the "Group") , the best performing stock in Singapore in 2005 in terms of percentage gain in share price, announced today that it has incorporated two wholly-owned subsidiaries, Advanced Clean Fuels Pte Ltd ("Advanced Clean Fuels") in Singapore, and Advanced Biofuel Technologies Sdn Bhd ("Advanced Biofuel") in Malaysia.
Indofood may sell shares of palm oil units
5/6/06 (Bloomberg) JAKARTA: PT Indofood Sukses Makmur, the world's biggest instant- noodle maker, may sell shares of its palm oil units as surging demand for the commodity in India and China drives up prices.
United Plantations focus on research bearing fruit
5/6/06 ( Business Times) UNITED Plantations Bhd (UPB), one of the country's major plantation firms, is banking on research to boost crude palm oil yield way past the national average.
Bursa defends plan to license out daily CPO settlement prices
8/6/06 (Business Times) - BURSA Malaysia has defended its plan to license out daily settlement prices for crude palm oil (CPO), saying it will make Malaysia the global pricing centre for its golden crop.
Palm oil forum welcomes Sainsbury into the fold
02/06/2006 (Food Production Daily) - The Roundtable on Sustainable Palm Oil (RSPO) welcomed UK supermarket Sainsbury's as its 100th ordinary member last week.
Indofood plans palm unit IPO
2/6/06 ( The Jakarta Post, Jakarta) - Giant instant noodle maker PT Indofood Sukses Makmur is set to launch an initial public offering (IPO) for its crude palm oil business.
M'sia Can Emerge World Leading Biodiesel Producer, Says Najib
KUANTAN, June 2 (Bernama) -- Malaysia has the potential to become the world's leading biodiesel producer with the help of the country's reputation as the world leading producer of palm oil.
Mission Biotechnologies Invests RM100m In Biodiesel Industry
KUANTAN, June 2 (Bernama) -- Mission Biotechnologies has invested RM100 million to set up a new biodiesel and glycerine purification refinery located at the Kuantan Port here.
