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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
CPO Futures Snap Two-Day Gains To Close Lower
Stakeholders advocate trust fund for oil palm development
15/05/2008 (Business Day, Nigeria) - Participants at the workshop on development of oil palm industry in Nigeria have called on the Federal Government to set up a Trust Fund for Oil Palm Development in the country within the context of private-public partnership.
American Palm Oil Council Announces Malaysian Wildlife Conservation Fund to Bolster Malaysia\'s Sustainable Practices
15/05/2008 (The Earth Times), Los Angeles - The American Palm Oil Council (APOC) today announced that the Malaysian palm oil industry, together with the Malaysian government, has launched the Malaysian Palm Oil Wildlife Conservation Fund (MPOWCF). APOC is a U.S. association representing the Malaysian palm oil industry.
Malaysia, Indonesia to gain from palm oil boom
15/05/2008 (Commodity Online), Kuala Lumpur - With oil experts predicting a palm oil boom for the next five to ten years, the major beneficiaries are going to be Malaysia with a record output predicted for 2009 and Indonesia set to attract more investment into palm oil plantations.
Ministry Sets Up Fertilizer Scheme For Oil Palm Smallholders
15/05/208 (Bernama), Kuala Lumpur - The Ministry of Plantation Industry and Commodities has set up a group fertilizer scheme opened to oil palm smallholders to ease their burden following the increase in the price of fertilizers.
Malaysia to barter rice for palm oil
15/05/2008 (The Australian News) - ASIAN commodity and currency markets could be plunged into chaos after Malaysia threatened to abandon standard trading in favour of a barter deal.
Unilever rises to the challenge
15/05/2008 (Greenpeace) - International—Unilever has shown that beauty isn’t just skin deep. Following our campaign and thanks to your support, the company has taken the bold step to support our call for a moratorium on cutting down trees in Indonesia for palm oil plantations.
Govt may consider encouraging transport vehicles to use bio-diesel if its use becomes mandatory
14/05/2008 (NST Online) - THE government may encourage transport vehicles to switch to bio-diesel should its use become mandatory. Plantation Industry and Commodities Minister Datuk Peter Chin Fah Kui said the transportation sector holds the most potential in using bio-diesel as such vehicles consume high amounts of diesel.
Minnesota Passes New Biodiesel Mandate
15/05/2008 (CommonDreams.org), Minneapolis - Minnesota recently passed legislation to increase the biodiesel content of diesel fuel sold in the state from the current 2 percent to 20 percent, which is the highest in the nation, by 2015.
Company Uses Cooking Oil to Power Diesel Engines
15/05/2008 (Ozarks First.com) - The price of gas continues to rise. On average in the Ozarks, it's more than $3.50 a gallon for regular unleaded.
