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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
MWE diversifies into oil palm planting
04/10/2007 (The Edge Daily), Kuala Lumpur - MWE Holdings Bhd is diversifying into palm oil activities via the acquisition of Fauzi Lim Plantation Sdn Bhd (FLP), which manages and operates a 2,023.4 hectare oil palm plantation in Gua Musang, Kelantan, for RM34.2 million cash.
Indonesia Promotes Sustainable Palm Oil In London
04/10/2007 (Bernama), London - Indonesian Agriculture Minister Anton Apriyantono on Wednesday launched a campaign on "Promotion of Indonesian Sustainable Palm Oil" following negative campaigns by European NGOs' on Indonesia's oil palm plantations.
Biofuel bandwagon slows as feedstock prices surge
04/10/2007 (Reuters), London - The biofuels bandwagon may be running out of gas with soaring costs for feedstocks like wheat and palm oil prompting producers to shelve planned plants and cut output at existing facilities.
Palm oil tax hurts export performance
03/10/2007 (The Jakarta Post) - The latest figures from the Central Statistics Agency (BPS) show that the government's attempts to control cooking oil prices by hiking the export duty on crude palm oil may finally be bearing fruit, albeit at the expense of the country's exports.
Eonmetall set to deliver first plant
04/10/2007 (The Star Online), NIBONG TEBAL - Eonmetall Group Bhd will soon deliver the country’s first solvent extraction plant to a major plantation player in Johor Baru that owns and operates over 11,000ha of oil palm plantations in the country.
MyFuel to spend RM160m on biodiesel plants
03/10/2007 (Bernama) - MYFUEL Ltd has allocated RM160 million to set up biodiesel facilities at the Port Klang Free Zone (PKFZ), group managing director George Joukador said today.
Veep emphasises need for clean environment
03/10/2007 (Ghanaian Times) - Vice-President Aliu Mahama has advised traditional authorities to increase the potential value of their areas by enhancing-environmental cleanliness and improving the level of service offered to visitors.
Danisco launches new campaign
04/10/2007 (Ferret.com) - When trans fatty acids first became an issue, palm oil fractions and interesterified oils appeared an obvious and easily implemented alternative to the trans-rich partially hydrogenated fats so widely used in the production of fat-based fine bakery and confectionery products. But then came the performance problems.
Orangutans squeezed by biofuel boom
04/10/2007 (MSNBC), TUMBANG KULING, Indonesia - Naingolan shunts the excavator into high gear and tears into a patch of smoldering forest on Borneo island, clearing the way for yet another palm oil plantation that Indonesia hopes will tap into a surge in global demand for biofuels.
