Berita Arkib

25/02/2008 (Scientific American) - Virgin Atlantic became the first commercial airplane operator to fly a plane powered partially by palm tree oil this week. In a short but historic flight, one of the company's Boeing 747-400s flew more than 200 miles (320 kilometers) from London Heathrow Airport to Schiphol Airport in Amsterdam, reaching a peak altitude of 25,000 feet (7,600 meters) during the 40-minute flight, with one of its four engines burning a blend of 20 percent coconut and babassu oils mixed with regular petroleum-based jet fuel.

27/02/2008 (The News - International, Pakistan), Kuala Lumpur - Pakistan is looking to buy around 200,000 tonnes of palm oil from Malaysia and Indonesia for April and May shipments, a top industry official said on Tuesday.

24/02/2008 (The Economic Times), New Delhi - In the wake of prices of cooking oils skyrocketing, making them unaffordable to the poor, an edible oil trade body has suggested the government to subsidise the vegetable oils for supply through the public distribution system.

25/02/2008 (Bloomberg) - India, the second-biggest buyer of vegetable oils after China, may spend more on imports of the commodity this year as it boosts purchases to ease a domestic shortfall amid record prices.

24/02/2008 (Daily Times, Pakistan), Karachi - There is respite for the ghee and cooking oil consumers as the manufacturers and importers of these commodities have decided to make yet another increase in their prices, which is most likely to be implemented in the next few days.

25/02/2008 (Bloomberg) - Palm oil, the world's most-used cooking oil, is also the cheapest, a discrepancy that won't last long as demand rises across Asia's biggest countries.

25/02/2008 (Financial Times) - Palm oil jumped by nearly 6 per cent on Monday to set a fresh lifetime high on the Bursa Malaysia derivatives exchange, boosted by strong demand from China and India.

25/02/2008 (Reuters) - "It certainly looks like supply will not be able to overwhelm demand," Mistry told Reuters in an interview ahead of a three-day global palm oil conference organized by Bursa Malaysia.

26/02/2008 (Business Standard) - Godrej Industries, part of business conglomerate Godrej Group, has set up a joint venture with Malaysian firm IJM Plantations to develop palm estates and palm oil mills in India.

26/02/2008 (DNA India), Mumbai - Godrej Industries, in an effort to push its oil palm plantation business, has formed a joint venture with a Malaysian planter, IJM Plantations.

25/02/2008 (The Hindu Business Line) - The Future Group is all set to make a foray into rural retailing by riding on the Aadhaar outlets belonging to Godrej Agrovet. The group intends to pick up a majority stake in a separate joint venture company to be floated by itself and Godrej Agrovet, to enter into yet another retailing format.

26/02/2008 (The News - International, India), Kuala Lumpur - India will be in the market to import up to 400,000 tonnes of palm oil and about 50,000 tonnes of soyoil in the next three months, as importers rush to take advantage of a deepening discount for palm versus soy oil, a leading industry official said on Monday.