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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price forecast to climb for rest of the year
CPO price strength could dissipate through end-2024, says BMI
The palm-oil advantage in biofuel
26/2/07 (Checkbiotech.org) - The high prices of petroleum have stimulated the rapid development of the biofuel industry in the European Union, United States and to some extent in Malaysia. Biofuel offers strategic advantages for different sectors and stakeholders.
Nano Chemical Systems Make Green Oils and Lubricants from Palm Oil Waste by-Product
25/2/07 (AZoNano.com) - Nano Chemical Systems Holdings, Inc., announced today that nano-enhanced, environmentally friendly, "Green" oils and lubricants can be made from a waste by-product of one Palm Biodiesel production process to offset costs and bring fuel pricing below the cost per barrel of crude oil.
Genting may sell oil palm unit, focus on gaming business
23/2/07 (Business Times) - GENTING Bhd, the world's fifth largest casino operator, may sell its 54.8 per cent subsidiary, Asiatic Development Bhd, as the group wants to fully focus on its global gaming business, industry sources said.
Alami Vegetable Oil Spreads Its Wings To Saudi Arabia And Sudan
KUALA LUMPUR, Feb 23 (Bernama) -- The change in marketing climate in the Middle East and Africa with the proliferation of free trade agreements, has caused palm oil-based Alami Vegetable Oil Products Sdn Bhd to set up its branch in the two regions.
Biofuel commodities may outperform
26/2/2007 (Bloomberg) - Commodities used to make biofuels may be the top performers this year due to increasing demand from the alternative energy industry and the food sector, said Roland Jansen, CEO of Mother Earth Investment AG.
Prices have rebounded on strength of soyoil and crude oil
26/2/07 (The Star) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives recovered from their pre-Chinese New Year lows boosted by light technical buying.
PPB Oil Palms Group to tap into new Indon plants
19/1/07 (The Star) PETALING JAYA - PPB Oil Palms Bhd is poised this year to tap into Singapore-based Wilmar group's three new palm-based biodiesel plants in Indonesia, which have a combined annual production capacity of 1.15 million tonnes.
Singapore's Wilmar profit jumps on palm oil demand
15/2/078 SINGAPORE (Reuters) - Singapore-listed Wilmar International Ltd. , an Asian palm oil refiner, on Thursday said its quarterly profit more than doubled and that it expected to continue to benefit from strong demand for palm oil.
$61M biodiesel plant outlined
18/1/07 ( Honolulu Advertiser) KAHULUI, Maui - A $61 million biodiesel refining plant is being planned to turn imported palm oil into fuel to run Maui Electric Co. generators.