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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
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.
