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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
Saudi Group To Invest US$ 1bln In Pakistan Food Sectors
18/5/06 KARACHI (Asia Pulse) - A Saudi business group, Savola Edible Oils intends to invest US$1 billion in edible oil and sugar sectors in Pakistan and wants local active partners.
Toyota and Nippon Oil explore new diesel solutions
16/5/06 (Platinum Today) - Car manufacturer Toyota and oil distribution firm Nippon Oil have together developed a powerful form of bio-diesel using palm oil, it has been reported.
CPO price poised to trend higher
16/5/06 (Business Times) - THE price of crude palm oil (CPO) is expected to reach RM1,600 per tonne, fuelled by its increasing demand for the production of biodiesel and biofuel.
BioX to partner Tradewinds
17/5/06 (Bernama) - BioX Group BV has decided to partner Tradewinds Plantation Sdn Bhd in a project to jointly develop the United Nations-recognised Clean Development Mechanism (CDM).
Malaysia says its palm oil is victim of smear campaign
16/5/06 KUALA LUMPUR (AFP) - Malaysia has hit back at allegations its palm oil industry kills orangutans by clearing forests, saying it was an attempt by industry competitors in the developed world to undermine the sector.
M'sia Not Clearing Forests To Grow Oil Palm
KUALA LUMPUR, May 16 (Bernama) -- The government would continue to protect its existing forest areas and not allow them to be cleared just for the purpose of planting oil palm amidst the rising demand for the commodity for the production of biodie
Golden Hope to expand Indon oil palm plantation
16/5/06 KUALA LUMPUR (The Star) - Golden Hope Plantations Bhd has received approval to acquire an additional 50,000ha of oil palm plantation in Indonesia over the next five years, said group chief executive officer Datuk Sabri Ahmad.
Tabung Haji To Open Two New Oil Palm Plantations
BESUT, May 14 (Bernama) -- Tabung Haji through its subsidiary TH Plantations Bhd will open two new plantations totalling 2,660 hectares in Terengganu and Pahang to expand palm oil production.
Price Of Indonesian Crude Palm Oil Seen Rising This Year
14/5/06 JAKARTA, (Asia Pulse) - The price of crude palm oil (CPO) is predicted to rise this year with expected increase in demands from China and India and growing requirement to be processed in alternative fuel.