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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Malaysian Palm Oil Rises for Fifth Day in Six on Indian Demand
16/5/07 (Bloomberg) -- Palm oil in Malaysia rose for a fifth day in six after Indian trade data showed imports of the world's most traded vegetable oil rose in April to a four-month high.
Indonesia's richest man plans RM13.6b pulp, palm oil expansion
9/5/07 (The Edge News) - Sukanto Tanoto, Indonesia's richest man, said his unlisted group RGM International has begun a US$4 billion (RM13.6 billion) expansion of its pulp and paper, palm oil, energy, and other interests to increase its size by 70% by 2009.
Sabah oil palm biotech success
9/5/07 (Daily Express) - Kota Kinabalu: The Sawit Kinabalu Berhad Group has successfully produced the first DxP oil palm clone from leaf ex-plant through tissue culture techniques from its biotechnology laboratory in Tawau.
CNOOC to build 3 biodiesel plants in West Kalimantan
7/5/07 (The Jakarta Post, Jakarta) - China's largest offshore oil producer by output, CNOOC, plans to build three biodiesel plants in West Kalimantan this year, a government official says.
Slippery price of cooking oil
7/5/07 (The Jakarta Post) - Seen from the point of view of supply and demand, the steep rise in domestic cooking oil prices over the last few weeks seems rather strange, as it has nothing to do with supply shortages or a sudden surge in demand.
MPOB Will Continue To Promote Palm Oil For Halal Products
KUALA LUMPUR, May 7 (Bernama) -- The Malaysian Palm Oil Council (MPOB) says it will continue to promote palm oil as a great solution for halal products.
Felda to buy up to 80% of Twin Rivers of US
8/5/07 (The Edge News) - Felda Holdings Bhd will buy up to 80% of Twin Rivers Technology of Quincy, Massachusetts (TRT), one of North America's leading oleochemical companies, said Felda group managing director Datuk Mohd Bakke Salleh.
Global rush to energy crops threatens to bring food shortages and increase poverty, says UN
9/5/07 (The Guardian) - The global rush to switch from oil to energy derived from plants will drive deforestation, push small farmers off the land and lead to serious food shortages and increased poverty unless carefully managed, says the most comprehensive survey yet completed of energy crops.
RI`s oil-palm plantation revitalization need 340,000 workers
5/5/07 Jakarta (ANTARA News) - Implementation of the government`s oil-palm plantation revitalization program on 2 million hectares of land in 2007-2011 will require the employment of about 340,000 people, an Agriculture Ministry official said.