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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
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Edible oils refiner Pan Century may be up for sale
22/4/06 (Business Times) - PAN Century Edible Oils Sdn Bhd, one of Malaysia's largest and oldest edible oils refiner, may be up for sale at between US$90 million and US$120 million (RM329 million and RM439 million).
Palm oil price likely to go up to RM1,550
19//4/06 SINGAPORE (Reuters) - Malaysian palm oil prices will likely rise to between RM1,500 and RM1,550 a tonne in the near term from RM1,470 as European demand for alternative fuels grows with the rise in crude oil prices, a top industry official said on Tuesday
Tariff values cut for vegoils
18/4/06 Chennai (Business Line) - The Centre has cut the tariff values for palm group of oils by $10 a tonne and that of crude soyabean oil by $6. Earlier, on March 3, the Union Government cut the tariff values for palm group of oils by $4 and crude soyabean oil by $13.For the palm group of oils, this is the third time that the tariff has been cut since March 15. However, on March 15, the tariff value for crude soyabean oil was raised by $13.
PORAM No To Total Liberalisation Of Refining Policy For Sabah And Sarawak
KUALA LUMPUR, April 18 (Bernama) -- The Palm Oil Refiners Association of Malaysia (PORAM) is against a total liberalisation of the policy for the palm oil refineries in Sabah and Sarawak.
Malaysia's MISC orders 4 chemical tankers
KUALA LUMPUR, April 19 (Reuters) - Malaysia's biggest shipping group, MISC Bhd , said on Wednesday it had ordered four new chemical tankers from South Korea's STX Shipbuilding Co , for delivery in 2009. MISC, the world's largest carrier of liquefied natural gas and Malaysia's third-largest listed firm, gave no value for the orders, however.
Bakrie unit plans Indonesia's first biodiesel plant
JAKARTA, April 19 (Reuters) - Indonesian plantation company PT Bakrie Sumatera Plantations Tbk plans to jointly build the country's first biodiesel plant to meet a surge in demand for renewable energy, the company said.
Sarawak identifies sites for new ports
17/4/06 (Business Times) - THE Sarawak state government plans to develop two more ports along its coastlines to meet growing demand for sea outlets, in tandem with the economic development of the state.
Call to give palm oil refinery licences to firms in Sabah, Sarawak
19/4/06 (Business Times) - MORE licences for palm oil refineries need to be issued in Sabah and Sarawak, the Palm Oil Refiners Association of Malaysia (Poram) said.
Kumpulan Fima to grow agro based businesses
18/4/06 PETALING JAYA (The Star) - Agro-based Kumpulan Fima Bhd (KFima) group is fortunate that it was selected by the Malaysian Palm Oil Board (MPOB) as one of three companies that it will jointly build palm oil-based biodiesel plants with.