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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
PTT Chemical Buys Half of Cognis Oleochemicals
23/07/2008 (Red Orbit) - THAILAND'S PTT Chemical Public Co Ltd has bought a stake in Cognis Oleochemicals Sdn Bhd, making it the new partner for Sime Darby Plantation Sdn Bhd.
Palm Oil Control Board Advocated
24/07/2008 (The Ghanian Times) - The Customer Development Manager of Unilever Ghana, Mr Kwaku Boateng, has called for the establishment of a palm oil control board, to oversee the affairs of palm oil in the country.
Samsung to Invest $1.63 Billion in Indonesian Biodiesel Project
23/07/2008 (Gas2.0) - According to an article in the Jakarta Post, an official from the Indonesian government has spilled the beans on Samsung’s plans to invest up to $1.63 billion dollars in what’s sure to be a controversial acquisition of land for growing oil palms and construction of a biodiesel plant in Indonesia.
For the greener good
24/07/2008 (The Hindu Business Line) - Find alternatives to driving whenever possible by taking public transport, by telecommuting, carpooling, walking or biking while doing errands to keep the air and yourself fit and healthy.â€
Malaysian palm oil slumps to 7-½ mth lows
23/07/2008 (Reuters, India), Kuala Lumpur - Malaysian crude palm oil futures dived nearly 6 percent to plumb more than 7-1/2-month lows on Wednesday as weakness in crude oil seeped into vegetable oil markets across the globe.
Asiatic earnings support future investments
23/07/2008 (The Edge Daily) - SHARES of Asiatic Development Bhd (RM6) took a tumble in recent days on the back of a fall in crude palm oil (CPO) prices. The benchmark CPO futures contracts fell below RM3,300 per tonne.
IFC may loan $45 million to develop Yuzhny port palm oil refinery
21/07/2008 (Ukrainian Journal), KIEV – The International Finance Corporation, the private sector arm of the World Bank Group, could give a $45 million credit to Delta-Wilmar CIS to expand its production facilities and develop infrastructure at a palm oil refinery at the Yuzhny port in Odesa, IFC reported on Friday.
Ghana needs a Palm Oil Regulatory Board - Unilever
21/07/2008 (Ghanaweb.com), Tema - The management of Unilever Ghana Limited on Monday called for the establishment of an Oil Palm Regulatory Board to sustain and promote the sector.
Ghana needs palm oil regulatory Board&– Unilever Management
22/07/2008 (Modern Ghana) - Management of Unilever Ghana Limited, has called for the establishment of an oil palm regulatory Board towards the development of the oil palm industry in the country.
