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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
General Mills says protesters barking up wrong tree
19/01/2010 (Twin Cities) - Protesters unfurled a giant banner in front of General Mills' corporate headquarters in Golden Valley on Tuesday, accusing the food maker of using palm oil from suppliers that destroy rainforests.
Palm oil expansion, biodiesel factors in Copenhagen drama
20/01/2010 (Biodiesel Magazine) - Biodiesel has become a major product for the palm oil sector in Asia. This business has been at the center of an international controversy involving tropical deforestation, agricultural competition and the Copenhagen Climate Summit.
Cheerios maker linked to rainforest destruction
19/01/2010 (Mongabay.com) - An activist group linked General Mills to destruction of rainforests in Southeast Asia in dramatic fashion on Tuesday, when it unfurled a giant banner, reading "Warning: General Mills Destroys Rainforests", outside the company's Minneapolis headquarters building.
Govt must allow edible oils import duty-free
19/01/2010 (Business Line) - Now that the Government has allowed both raw and refined sugar imports duty-free, it is time the same logic is extended to edible oil also.
Palm Oil Master Plan To Attract US$2.6bn Investment
19/01/2010 (Liberian Daily Observer), Monrovia - In an attempt to boost the economy of Liberia amidst the global financial meltdown, a two-day workshop to draw a master plan for the palm oil industry is expected to be held from Thursday, January 21 to Friday, January 22, 2010 at Samuel Kanyon Doe Sports Complex, from 8 a.m. to 5 p.m. daily.
Minola earnings up 38% in 2009
19/01/2010 (Business Mirror) - MINOLA, the cooking oil brand of government-sequestered CIIF-Oil Mills Group, recorded a 38-percent increase in revenues last year to P1.8 billion and is targeting higher growth this year as it lines up an aggressive marketing and promotional campaign.
Felda Ordered To Pay RM11 Million To Settlers
19/01/2010 (Bernama), Putrajaya - The Federal Land Development Authority (Felda) will have to pay RM11 million in damages to 354 settlers over payments for palm oil fruits after the agency's bid to bring up the matter for appeal was refused by the Federal Court here Tuesday.
Edible oil companies not to pare prices this fiscal
19/01/2010 (The Financial Express), New Delhi - Even though the price of crude palm oil is likely to go down in February, edible oil companies like Adani Wilmar, KS Oils and Ruchi Soya are not ready to reduce prices right now. Nor are these companies planning any hike in price during the current financial year. However, a price rise post-March is on the anvil.
Sainsbury Reports on CR as part of Quarterly Financial Updates
18/01/2010 (Environmental Leader) - With new figures showing that only 1 percent, or about 15,000 tons, of sustainable palm oil available on the market is being purchased, the World Wildlife Fund (WWF) says it will implement a buyer’s scorecard over the next six months that will indicate whether or not the companies have fulfilled their commitments to purchase it.