|
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm oil consumption forecast to increase
Palm oil inventories to stay elevated next year
CPO Reference Price Falls 3.9 Percent in December 2025
Bidco Uganda May Produce 20,000 Tons of Palm Oil This Year
23/02/2010 (Bloomberg) - Bidco Uganda Ltd., owners of the country’s largest edible-oil refinery, may produce as much as 20,000 metric tons of the product in its first year of operation, Kodey Rao, the managing director said.
Danish firm secures Asian biofuel deal
23/02/2010 (The Copenhagen Post Online) - Japanese company invests in Danish straw-based biofuel technology for an undisclosed sum.
Take No Pride in Palm Oil Output, Green Group Says
23/02/2010 (Jakarta Globe) - A leading non-governmental organization has urged Indonesia not to take pride in being the world’s biggest producer of crude palm oil because the production process has yet to meet standards for environmental sustainability.
Thailand Looks at Nuclear Power as Part of Alternative Energy Plans
23/02/2010 (VOA News) - Like many developing countries, Thailand is looking for ways to ease its reliance on costly imported oil and gas. A new government plan includes nuclear power, bio-fuels and solar energy among potential energy sources for the country.
Conflicting signals out of Indonesia on whether palm oil plantations will be classified as forests
23/02/2010 (Mongabay.com) - Indonesia will not allow the conversion of natural forest for oil palm plantations, claimed the country's Forestry Minister Zulkifli Hasan in comments reported by the Jakarta Post.
Unilever drops major palm-oil producer
22/02/2010 (The Independent) - The household goods giant Unilever has distanced itself from a major palm-oil producer after a BBC documentary filmed its staff clearing protected rainforest to make way for plantations producing the widely-used ingredient. In its second blacklisting of a palm-oil producer in three months, Unilever said it would avoid buying supplies originating from the Indonesian company Duta Palma, ensuring they did not end up in best-selling brands such as Dove soap and Flora margarine.
Felda tapping biomass waste to the max
22/02/2010 (The Star Online), Trolak - Plantation conglomerate Felda Holdings Bhd is putting in place strategic Clean Development Mechanism (CDM) projects encompassing 56 biogas plants, six compost plants, one pellet plant and two independent power producer (IPP) plants nationwide.
Emami foraying into edible oils business
21/02/2010 (Financial Chronicle) - The Rs 2,500-crore diversified Emami Group, which is foraying into the edible oil space, will invest around Rs 500 crore in setting up two edible oil refineries in KrisÂhnapatnam (Andhra PradeÂsh) and Pipavav (Gujarat) as it expects the units to go on stream by 2010-2011, a top official said on Saturday.
Indonesia aims to be world\'s breadbasket
21/02/2010 (AFP), Jakarta - Following Brazil's trail, Indonesia is encouraging foreign and local investors to lease huge swathes of fertile countryside and help make the country a major food producer.
