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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 strength could dissipate through end-2024, says BMI
CPO price forecast to climb for rest of the year
KL govt to blame, say Papua NGOs
18/12/06 (The Sun Daily) PENANG - The government should take responsibility for the actions of Malaysian timber and oil palm companies which are the main culprits of illegal logging and open burning in Papua New Guinea (PNG) and Indonesia, several non-governmental organisations (NGOs) said.
Boustead's 1st Islamic plantation REIT
17/12/06 (The Edge Daily) - The Boustead Group has set up the Al-Hadharah Boustead REIT, the first Islamic oil palm plantation real estate investments trust (REIT), which will acquire plantation assets totalling RM472 million.
Kuok Group merges palm oil biz in RM15b deal
14/12/06 (The Edge Daily) - The Kuok Group, controlled by tycoon Tan Sri Robert Kuok, is undertaking a mammoth S$6.6 billion (RM15.18 billion) corporate exercise to merge several of its companies here and in Singapore, including Wilmar International Ltd and PPB Oil Palms Bhd.
Palm Oil Biodiesel Industry Holds Big Potential
KUALA LUMPUR, Dec 12 (Bernama) -- Biodiesel produced from palm oil has already been exported overseas and the new industry is expected to have a big impact on the national economy.
India's veg oil import declines 23 pc in November
15/12/06 ( New Karala) Mumbai - India's imports of vegetable oil (edible and non edible) fell by 23 per cent to 25.22 lakh tonnes during November, as against 32.76 lakh tonnes during the same month previous year, the solvent Extractors' Association of India (SEA) said.
Mergers create biofuel majors, tackle price risks
15/12/06 (The Edge News) - Mergers in the booming palm oil sector are creating the biofuel industry's own 'Big Oil' companies, but vertical integration and economies of scale may not be enough to make exports profitable or to replace crude.
Smear campaign against palm oil
12/12/2006 (NSTP) - FOREIGN non-governmental organisations (NGOs) are carrying out a smear campaign against Malaysia's palm oil. Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said they claimed that the nation had a bad record in forest management.
Indonesia's Pertamina launches high octane biofuel
12 December 2006 ( people.com) - Indonesia's state-run oil firm Pertamina has recently launched high-octane biofuel after the successful introduction of biodiesel and bio-gasoline earlier this year, a report said Tuesday.
Belgium: Palm oil has no energy future in Europe
10/12/2006 ( biopact.com) - The world's two leading palm oil producing countries, Malaysia and Indonesia, have expressed their hopes of exporting more of their products as energy feedstocks for power and fuel to Europe.
