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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
Indonesia Set to Cut Palm Oil Export Tax Rate Amid Lobbying
02/08/2011 (Jakarta Globe) - Indonesia, the world’s largest palm oil producer and exporter, could lower the maximum export tax rate by this month, a small concession by Jakarta to a powerful industry lobby that says the duty structure hurts trade.
Justin’s Sporting CMZ Palm Oil Logo on Squeeze Packs
02/08/2011 (Natural Products Marketplace) - Justin's—an organic, all-natural nut butter provider—is working with the Cheyenne Mountain Zoo (CMZ) to raise awareness regarding the timely issue of producing and using sustainable palm oil. Both members of the Roundtable on Sustainable Palm Oil (RSPO), Justin’s is including the new CMZ logo for Orangutan Friendly Palm Oil on its squeeze packs hitting shelves July 2011. The new logo will make it easier for consumers to identify products manufactured with sustainable palm oil.
Exports May Reach $200b This Year: BPS
02/08/2011 (Jakarta Post) - Indonesia will likely see exports breaching a record-high of US$200 billion this year, and the trade deficit with China continuing to decrease, the Central Statistics Agency (BPS) has said in response to first half export-import results.
Malaysian Companies To Benefit From Malaysia-India Comprehensive Economic Agreement
02/08/2011 (Bernama) - Malaysian companies considering to participate in the upcoming three-day "Showcase Malaysia-Mumbai" exhibition beginning October 12 will benefit from the recent implementation of the Malaysia India Comprehensive Economic Agreement (MICECA) as well as India's high economic growth rate of 8.5 per cent.
China To Finance Biofuel Projects in Malaysia
02/08/2011 (The Star) - Lestari Pasifik Bhd, in an unprecedented joint venture with Russian company Arter Group, is expecting to receive project financing from the Chinese government to build bio-refinery plants in Malaysia and Indonesia to produce biofuel from second generation bioethanol.
Palm Oil Climbs as U.S. Lawmakers Agree on Debt Rise
02/08/2011 (Bloomberg) - Palm oil gained for the first time in three days, joining a rally in commodities and stocks, after President Barack Obama said Congressional leaders reached an agreement to raise U.S. debt ceiling, avoiding a default.
Palm Oil Industrial Cluster To Have Three Ports
02/08/2011 (Borneo Post) - The Palm Oil Industrial Cluster (POIC) here will be equipped with three ports in phases one, two and three.
Report: Malaysia Hints at Rival To Sustainable Palm Oil certification
02/08/2011 (Business Green) - The Malaysian government is reportedly developing its own certification scheme for palm oil plantations that meet environment standards and do not contribute to deforestation, potentially drawing the country into conflict with the existing certification scheme operated by the Roundtable on Sustainable Palm Oil (RSPO).
Ensuring Palm Oil Does Not End up Like Timber
01/08/2011 (Daily News) - State Industrial Development Minister Datuk Raymond Tan Shu Kiah said Sabah missed the golden opportunity to expand its timber industry but will not make the same mistake with oil palm.
