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MARKET DEVELOPMENT  
  31-08-2012

The Lowdown on Making Jet Fuel And Diesel From Biomass

31/08/2012 (Biofuels Digest) - Distillates are petroleum products that includes diesel, jet fuel, and fuel oil. Renewable distillates may be categorized as substitutes or drop-in replacements. The most common distillate substitute is biodiesel, and drop-in replacements can be produced via hydrotreating or gasification plus Fischer-Tropsch (FT) technology.

MARKET DEVELOPMENT  
  30-08-2012

VEGOILS-Palm Oil Drops on Malaysia Stock Build-up

30/08/2012 (Reuters) - Malaysian crude palm oil futures slipped to the lowest in nearly a fortnight, as traders booked profits with market focus shifting to rising stocks level in the world's second-largest producer.

MARKET DEVELOPMENT  
  30-08-2012

Indonesia Cuts September Palm Oil Export Tax to 13.5%

30/08/2012 (Bloomberg) - Indonesia will cut its tax on exports of crude palm oil to 13.5 percent in September, the lowest rate this year, from 15 percent this month as prices of the commodity declined.

MARKET DEVELOPMENT  
  30-08-2012

Crude Palm Oil Futures Slide, Plantations Down

30/08/2012 (The Star) - Crude palm oil (CPO) futures fell on Wednesday, dragging plantation stocks and the 30-stock FBM KLCI lower, on speculation that the stockpile could have increased.

MARKET DEVELOPMENT  
  30-08-2012

Malaysia-Pakistan Business Council Chief Mohamad Salim Fateh Din Honoured

30/08/2012 (Bernama) - The chairman of the Malaysia-Pakistan Business Council, Datuk Mohamad Salim Fateh Din, has been awarded Tamgha-i-Imtiaz or Medal of Excellence by the Pakistan government in recognition of his effort in enhancing bilateral trade between Islamabad and Kuala Lumpur.

MARKET DEVELOPMENT  
  30-08-2012

Palm Oil Producers Protest Import Surge

30/08/2012 (Manila Standard Today) - Palm oil producers are seeking government protection against the surge of undervalued imports that affected the prices of their production.

MARKET DEVELOPMENT  
  30-08-2012

Sime Darby To Double Planted Oil Palm To 1M Ha By 2016

30/08/2012 (The Star) - Sime Darby Bhd is working towards expanding its landbank of oil palm trees to more than one million hectares, by expanding in Africa and Indonesia.

MARKET DEVELOPMENT  
  30-08-2012

UPDATE 1-Genting Quarterly Profit Falls on Weaker Plantations

30/08/2012 (Reuters) - Malaysia's Genting Bhd , a gaming-to-property conglomerate, said net profit fell 20.6 percent in the second quarter on lower contributions from its Singapore gaming unit and palm oil business.

MARKET DEVELOPMENT  
  30-08-2012

Indonesia Cuts September Palm Oil Export Tax to 13.5%

30/08/2012 (Bloomberg) - Indonesia will cut its tax on exports of crude palm oil to 13.5 percent in September, the lowest rate this year, from 15 percent this month as prices of the commodity declined.

MARKET DEVELOPMENT  
  30-08-2012

Privatised Oil Palm Estates To Create 900 Jobs, Revenue

30/08/2012 (THISDAY Live) - Malaysian palm oil giant, Wilmar Nigeria Limited, has been advised to manage the Ibiae and Calaro Oil Palm Estates in Cross River State successfully, to generate revenue and create 900 jobs for youths of the host communities.

MARKET DEVELOPMENT  
  30-08-2012

CIMB Group Holdings Bhd : Sime Darby Plans Higher Capex As FY12 Profit Hit Record High

30/08/2012 (4-traders) - Sime Darby Bhd. (4197.KU), a Malaysian plantation-to-healthcare conglomerate, plans to increase capital spending to as much as 7.75 billion ringgit ($2.48 billion) for the 2013 fiscal year, optimistic of long-term demand for its edible oil and industrial equipment after profit hit record high a year earlier.

MARKET DEVELOPMENT  
  30-08-2012

KL Kepong Q3 Earnings Slump 46% To RM233M

30/08/2012 (The Star) - Kuala Lumpur Kepong Bhd's (KLK) earnings fell 46.1% to RM233.08mil in the third quarter ended June 30, 2012 from RM432.76mil a year ago as plantations profit fell by more than half.