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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Plantations Risk Losing Trading
21/7/06 ( NSTP) - PUTRAJAYA: Plantation owners found guilty of open burning and contributing to the haze will lose their licence to sell oil palm fruit.
Malaysia, Indonesia set aside 40% CPO for biodiesel
21/7/06 (The Star) - KUALA LUMPUR: The world's top palm oil producers, Malaysia and Indonesia, have decided to set aside nearly 40% of their crude palm oil output for biodiesel production, the Plantation Industries and Commodities ministry said yesterday.
Sabah oil palm mills cannot discharge waste into rivers
20/7/06 (Daily Express) - Kota Kinabalu: Oil palm mills in the State can no longer discharge treated or partially-treated effluents into rivers or any waterway but back into the soil provided the effluents have been treated to the specification of Bio-chemical Oxygen Demand (BOD3) level not exceeding 1,000 mg/l or re-processed into compost.
Guidelines to stop discharging palm oil effluents into rivers
19/7/06 9The Star) - KOTA KINABALU: Sabah has come out with strict guidelines to stop oil palm mills from discharging effluents into its rivers.
Government set to build eight biofuel factories
20/7/06 (The Jakarta Post, Jakarta) - The government is preparing to build eight biodiesel factories in the country in a move to provide an alternative to expensive fossil-based fuels.
Indonesia, Malaysia launch joint move to defend palm oil industry
19/07/2006 The Jakarta Post, Medan) - Indonesia and Malaysia have agreed to allocate 500,000 euro (about US$394,000) to pay the fees of a consultant or joint spokesman to counter campaigns launched by non-governmental organizations against palm oil production in the two countries.
Palm Oil Project Gets Good Response From Foreign Investors
KOTA KINABALU, July 18 (Bernama) -- The project by the Sabah state government to turn Lahad Datu into a palm oil downstream processing hub called Palm Oil Industrial Cluster (POIC) has received warm response from foreign investors but lukewarm response from Malaysian investors, said POIC Sabah Sdn Bhd's chairman Datuk Dr Ewon Ebin.
Palm Oil Board Donates US$10,000 For Tsunami Victims
JAKARTA, July 18 (Bernama) -- The Malaysian Palm Oil Board (MPOB) will donate US$10,000 (RM37,000) for victims of the tsunami that hit Java island Monday.
Indofood proposes merger of its palm oil units
17/7/06 JAKARTA (Reuters) - The world's largest instant noodle maker, PT Indofood Sukses Makmur Tbk , plans to merge its five units in the palm oil industry business into a sixth unit to increase efficiency, one of the subsidiaries involved in the merger said on Monday.