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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia’s exports up on high crude oil and palm oil prices
04/04/2008 (The Star Online), Kuala Lumpur - Malaysia’s exports grew at the fastest pace in 15 months in February as rising crude and palm oil exports countered declining electronics sales.
Indo-Malaysian Palm Oil Conference ‘08 held in Mumbai
03/04/2008 (The Financial Express), Mumbai - Malaysia India POTS 2008, the 1st International trade fair and seminar on palm oil and conversion industry in India, will be organised by Malaysia Palm Oil Council (MPOC) on May 29 and 30, 2008 in Mumbai.
Sharp correction likely in vegetable oil prices
03/04/2008 (The Hindu Business Line), Mumbai - The big bio-fuel boom may not be coming to an end anytime soon; but artificially jacked up market prices of vegetable oils — unrelated to real demand — are in for a sharp correction. No doubt, there has been a near-collapse of soyabean oil and palm oil prices in the last few days; but it was the just removal of speculative froth.
Sime Darby to invest RM169m in oil & fat business in Europe
03/04/2008 (The Edge Daily), Kuala Lumpur - Sime Darby Bhd is planning to invest over €34 million (RM169.03 million) in its current Unimills BV’s facilities Zwijndrecht, The Netherlands and other locations in Europe to further strengthen its position in the oils and fats downstream business in the continent.
Biofuels: Inventing the future
03/04/2008 (Finance Asia) - Current high food prices are not the result of demand for biofuel, said Dato’ Yeo How, group executive director at IOI Corporation, addressing a Green Wave panel on the competing demands for agricultural land. Dato’ Yeo believes the higher prices are the result of consumption growth in the developing world and the disruption to crop yields caused by changing weather patterns. He also pointed out that already scarce farmland is being absorbed by urbanisation. “Capacity is not keeping pace with a consistent growth in consumption,†he said.
FirstEnergy to test biofuel from New Generation Biofuels
02/04/2008 (Cleanteach) - The program will evaluate the technical and environmental performance of the biofuel in combustion turbine applications.
Govt readies toolkit to tackle rising prices
01/04/2008 (The Economic Times), New Delhi - The Cabinet Committee on Prices (CCP) met here on Monday to consider a plethora of fiscal, monetary and supply-side measures to control the runaway inflation, which touched a record 6.68% for the week ended March 15. The CCP meeting comes against a background of record inflation, high import prices of key food items and intense worry over adverse political impact.
Govt scraps import duty on edible oils to contain inflation
31/03/2008 (The Hindu), New Delhi - The Government has abolished import duty on soya oil and palm oil, as part of efforts to contain runaway inflation that has risen to a 13-month high of 6.68 per cent.
Import duty cuts to curb inflation, says Kamal Nath
31/03/2008 (Hindustan Times) - Stung by the persistent rise in prices, the government is considering duty cuts in essential commodities. Commerce and Industry Minister Kamal Nath said on Monday that fresh import duty cuts on a few items were in the offing. “We are looking at further cuts. There is an increase in international oil prices and it has to be met with import duty calibration, which we are considering,†Nath said.
