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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
CPO futures end mostly higher on soybean oil gains
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Malaysian end of July palm oil stocks hit near two-year high
Guidelines to stop discharging palm oil effluents into rivers
19/7/06 9The Star) - KOTA KINABALU: Sabah has come out with strict guidelines to stop oil palm mills from discharging effluents into its rivers.
Government set to build eight biofuel factories
20/7/06 (The Jakarta Post, Jakarta) - The government is preparing to build eight biodiesel factories in the country in a move to provide an alternative to expensive fossil-based fuels.
Indonesia, Malaysia launch joint move to defend palm oil industry
19/07/2006 The Jakarta Post, Medan) - Indonesia and Malaysia have agreed to allocate 500,000 euro (about US$394,000) to pay the fees of a consultant or joint spokesman to counter campaigns launched by non-governmental organizations against palm oil production in the two countries.
Palm Oil Project Gets Good Response From Foreign Investors
KOTA KINABALU, July 18 (Bernama) -- The project by the Sabah state government to turn Lahad Datu into a palm oil downstream processing hub called Palm Oil Industrial Cluster (POIC) has received warm response from foreign investors but lukewarm response from Malaysian investors, said POIC Sabah Sdn Bhd's chairman Datuk Dr Ewon Ebin.
Palm Oil Board Donates US$10,000 For Tsunami Victims
JAKARTA, July 18 (Bernama) -- The Malaysian Palm Oil Board (MPOB) will donate US$10,000 (RM37,000) for victims of the tsunami that hit Java island Monday.
Indofood proposes merger of its palm oil units
17/7/06 JAKARTA (Reuters) - The world's largest instant noodle maker, PT Indofood Sukses Makmur Tbk , plans to merge its five units in the palm oil industry business into a sixth unit to increase efficiency, one of the subsidiaries involved in the merger said on Monday.
Singapore palm oil firm Wilmar says completes takeover
SINGAPORE, July 19 (Reuters) - Singapore-listed Wilmar International said on Wednesday it has completed a reverse takeover of EzyHealth Asia Pacific Ltd. and in compliance with regulations, it will sell 375 million shares in the company's enlarged and paid-up share capital.
Govt happy with response to POIC
19/7/06 (The Edge News) - Kota Kinabalu: Investors are lining up to buy industrial land for palm oil related investment in the State Government-owned palm oil industrial cluster (POIC) in Lahad Datu, Chief Minister Datuk Seri Musa Aman said.
Putting Food in Car Engines Instead of Dinner Tables
WASHINGTON, Jul. 13, 2006 (IPS/GIN) -- Cars, not people, will claim most of the increase in world grain consumption this year.
