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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Palm oil industry signs up to green labelling scheme
22/11/2009 (Guardian.co.uk) - A certification process designed to allow palm oil producers that meet environmental standards to label their products as eco-friendly was launched today.
All Cosmos to invest RM50m in Sabah plant
21/11/2009 (My Palm Oil) - ALL Cosmos Industries Sdn Bhd is investing RM50 million in Sabah for a 200,000-tonne fertiliser plant, as its high organic content fertiliser is gaining popularity among oil palm planters.
RSPO Still Intact Despite Greenhouse Gas Contention
21/11/2009 (The Star Online) - Malaysian Palm Oil Association (MPOA), which represents major oil palm oil companies such as Sime Darby Bhd, Kuala Lumpur Kepong Bhd, IOI Corp Bhd and Felda, wants the RSPO to focus on sustainable production of palm oil for “food†use to meet the “3Ps†– profit, people and planet – and not on GHG emissions by the EU legislations meant for biofuel and energy sector. MPOA chief executive Datuk Mamat Salleh says the EU legislation conveniently left out one “P†– profits – or economic sustainability where the heavily-subsidised biofuel and feedstock in the EU was still considered as sustainable product.
Bank unit to review palm oil and other carbon-intensive loans
20/11/2009 (Bank Information Centre) - A complaint filed by Indonesian community groups in response to practices by one World Bank-funded corporation has spurred a major re-examination of how the International Financing Corp. (IFC) -- a major lending arm of the World Bank to the private sector -- conducts its lending.
Malaysia palm oil: slower output in 2009
19/11/2009 (Palm Oil HQ), Hamburg - Malaysia’s 2009 palm oil output will rise only marginally following years of rapid growth, Hamburg-based oilseeds analysts Oil World said yesterday.
The threat of deforestation on climate change
19/11/2009 (The Casual Truth) - Humans have destroyed forests since the dawn of time. No big deal. However, this destruction has increased rapidly in recent times with the rising global demand for food, fuel, building materials, land and other commodities.
INTERVIEW-Oleon to double Malaysia palm processing capacity
18/11/2009 (Alibaba.com) - Belgian oleochemicals maker Oleon Holding NV will double its plant capacity in Malaysia to 34,000 tonnes in the next two years to meet growing demand for palm oil-based products in the food and auto sectors.
Indonesia’s Small-Scale Palm Oil Farmers Finding Green Certification Costly
17/11/2009 (Jakarta Globe) - Indonesia’s small-scale palm oil farmers are not acquiring certifications as environmentally friendly producers because it is expensive and certified palm oil does not command a premium on world markets.
Sri Lanka Carson Sept net buoyed by palm oil
17/11/2009 (LBO) - Sri Lanka's Carson group said net profit for the September 2009 quarter almost doubled from a year ago mainly on strong contributions from its palm oil plantations in east Asia.
