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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
CPO futures end mostly higher on soybean oil gains
Imported biofuel a risk to wildlife
27/01/2009 (The Australian News) - AUSTRALIA is contributing directly to the widespread destruction of tropical rainforests in Indonesia and Malaysia by importing millions of tonnes of taxpayer-subsidised biodiesel made from palm oil.
Palm oil may be single most immediate threat to the greatest number of species
26/01/2009 (Mongabay) - Efforts to slow the rapid expansion of oil palm plantations at the expense of natural forests across Southeast Asia are being hindered by industry-sponsored disinformation campaigns, argue scientists writing in the journal Trends in Ecology and Evolution. The authors, Lian Pin Koh and David S. Wilcove, say that palm oil may constitute the "single most immediate threat to the greatest number of species" by driving the conversion of biologically rich ecosystems — including lowland rainforests and peatlands.
Wilmar’s Business Unit PPB Oil Palms Berhad to attain the RSPO certification
23/01/2009 (AgriMarket.Info) - Wilmar International Limited, Asia’s leading agribusiness group, announced on Tuesday, January 20, 2009, that its wholly-owned Business Unit, PPB Oil Palms Berhad, has been awarded the certification for sustainable palm oil production, in accordance with the rigorous standards of the Roundtable for Sustainable Palm Oil (RSPO). Three of its mills have been awarded the RSPO certification, which collectively produce approximately 123,000 metric tones of sustainable crude palm oil annually from their supply base of four plantations of more than 19,400 hectares of Sabah, East Malaysia.
Malaysia can become major biodiesel exporter
23/01/2009 (The Edge Daily), Petaling Jaya - Malaysia has the capacity to be a major palm biodiesel exporter alongside supplying to the local market, said Platinum Energy Sdn Bhd CEO Edward Leung.
Cash reserve to fuel expansion
23/01/2009 (The Star Online), Kuala Lumpur - Chin Teck Plantations Bhd has a cash reserve of RM120mil to be used for its expansion plans.
Danisco First with Sustainable Emulsifier
21/01/2009 (Flex News) - Used mainly to bind oil and water in food, these emulsifiers are based on sustainable palm oil or sustainable palm kernel oil. The new sustainable emulsifier meets the increasing consumer demand for ethically correct consumer goods.
Planters crave for more cuts in cess and taxes
21/01/2009 (The Star Online) - AFTER months of lobbying, oil palm planters finally convinced the Government to reduce the burdensome palm oil price stabilisation fund cess to RM2 per tonne from RM4 previously.
The cost of the biofuel boom on Indonesia\'s forests
21/01/2009 (Guardian) - As a child, Matt Aman grew up in the lush tropical lowland rain forest of Sumatra. Tigers padded through the underbrush, rarely seen and silent as shadows. "It made my skin prickle," the indigenous leader recalled recently as he sat on the floor of a stick hut surrounded by fellow villagers.
Indonesia Musim Mas gets green palm oil certificate
21/01/2009 (Reuters), Jakarta - Indonesia's PT Musim Mas has been certified as the country's first firm to have adopted stricter sustainability standards in producing palm oil, Agriculture Minister Anton Apriyantono said on Wednesday.
