Berita Arkib

Monday July 18, 2005 - POOR weather conditions in major oilseed producingcountries spells good news for the crude palm oil (CPO) price outlook withcommodity analysts projecting an average of between RM1,400 and RM1,500per tonne this year, and RM1,600 per tonne next year.

July 17, 2005 Washington, D.C. - It's a rule of Washington politics:Enact a subsidy and someone you didn't expect will come looking for it.

Thursday July 21, 2005 - CB Industrial Product Holding Bhd's (CBIP)wholly-owned subsidiary, Modipalm Engineering Sdn Bhd, wants to focus onsecuring more automated palm oil mill projects as part of its strategy togrow its business.

Monday July 18, 2005, 7:25 pm - JAKARTA, July 18 Asia Pulse - Indonesia'sproduction of crude palm oil (CPO) is forecast to reach 13.5 million tonsthis year, up from 12 million tons last year, the association of palm oilcompanies (Gapki) said.

Tuesday July 19, JAKARTA, Indonesia (AP) -- Indonesia is seeking US$560million (euro460 million) to develop massive palm oil plantations alongthe Malaysian border in Borneo, the agriculture minister said Tuesday.The plantations are expected to occupy 214,000 hectares (528,800 acres) ofland in Kalimantan province, providing more than 100,000 jobs, AntonApriyantono said.

7/20/2005 Comtex International - HALIFAX, NS (Resource News Internationalvia COMTEX) -- Canadian canola stands to benefit from increasing consumerhealth concerns, especially as mandatory trans fat labelling legislationis looming in both Canada (December 2005) and the US (January 2006), saidspeakers at the Canola Council of Canada's annual convention in Halifax,July 17-19.

BANGKOK, July 14 Asia Pulse - The lingering drought has had a majoreffect on Thailand's fruit production and crude palm oil yields, accordingto the country's largest exporter of crude palm oil, Thai Univanich PalmOil Pcl (SET:UVAN).Univanich, one of Thailand's leading oil palm plantation and fruitprocessing companies, said in a release to the Stock Exchange of Thailandtoday that the severe drought, which started in December 2004, hadresulted in a decline in fruit production and oil yields in the secondquarter of 2005.

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.