Berita Arkib

KUALA LUMPUR/FRANKFURT, July 13 (Reuters) - German specialty chemicalsfirm Cognis is transferring its oleochemicals business to an existingjoint venture with Malaysian palm oil maker Golden Hope Plantations , thecompanies said on Wednesday.A source close to the deal said the Malaysian company will invest about200 million ringgit ($52.6 million) into the expanded joint venture. ACognis spokeswoman said financial details would not be released.

8/7/2005 Business Times (Malaysia) - GOLDEN Hope Plantations Bhd willconstruct a RM16.7 million palm kernel crushing plant in Bintulu, Sarawak,to capitalise on the recent high price of the commodity.

12/07/05 JOHOR BAHARU (Bernama) -- A Singapore-based company, JBSResources Pte Ltd has denied any involvement in an incident where twoships carrying palm oil, "Samudra Sindo 8" and "Bash Aranda 7" which werealleged to have been hijacked by another ship early this month.

14/07/05 Kota Kinabalu (Sabah Daily Express) - Sufficient locally testedoil palm planting materials are crucial in attaining good production inSabah, said Sawit Kinabalu Berhad Group Managing Director Salim Mohammad.

14/7/2005 Business Times (Malaysia) - GOLDEN Hope Plantations Bhd willbuy a portion of Germany's Cognis Deutschland GmbH & Co KG global oils andfats business in a deal believed to be worth almost RM300 million.

14/07/05 KUALA LUMPUR (Dow Jones) -- Growing concerns about food safetyare putting not only the quality of palm oil, but also the machinery andequipment used in the processing, storage and transport of the oil, underincreasing scrutiny, a senior Malaysian industry official said.

13/07/2005 (Agri Market) - Russia increased tropical oil imports in May2005 by 1.7 times compared to April. Total May imports of tropical oils toRussia made 58,600 tonnes. Coconut imports in the mentioned periodincreased by 2.2 times making up 12,300 tonnes. Pal kernel oil importsincreased by 16.7 times compared to April and made 3,800 tonnes.

Monday July 4, 2005 (The Star) - THE elimination of the import tariffrate quota on edible oil in China from next year, coupled with risingconsumption of the product there, augur well for palm oil, which hasgained popularity in the country.

SIBU, June 29 (Bernama) -- The state government will not resort tousurping the people's lands to implement large-scale plantation projects.

2/7/2005 Philippine Daily Inquirer - A GENERATION ago, importedvegetable oil producers told Filipino consumers to replace traditionalcoconut oil with their "healthier" soybean and corn oils. Now, independentnutritional biochemists are finding otherwise.

Manila Jul 04 (Sun Star) - THE Department of Agriculture (DA) 11reported that the country's palm oil consumption grows by 2.18 percentannually.

03 July, 2005 Sabah Daily Express - Kota Kinabalu: Oil palmplantations in Sabah are more aware of environmentally sustainablepractices and are doing their part in rehabilitating forests in the lowerKinabatangan area, said a WWF Malaysia official.