Showing 291-300 of 319 results

Malaysia keeps August crude palm oil export duty at zero percent

KUALA LUMPUR, July 16 (Reuters) – Malaysia kept its export duty on crude palm oil for August unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Tuesday, citing the national customs department. The duty has been at zero percent since September. Malaysia, the world’s second-largest producer of palm […]

Indian trade body urged not to deter members from buying Malaysian palm oil

BANGI, Oct 22 — The Ministry of Primary Industries has urged the Solvent Extractors’ Association (SEA) of India not to deter its members from importing Malaysian palm oil over remarks on New Delhi’s action in disputed Kashmir. Its minister, Teresa Kok said while Malaysia is trying to understand the underlying sentiment associated with SEA’s advisory, […]

Row over Kashmir sparks KL-Delhi palm oil tensions

MALAYSIA’S mammoth palm oil sector faces a new threat after Indian traders were asked to halt purchases amid a diplomatic row over Kashmir, piling further pressure on the industry as Europe also plans cutbacks. The South-east Asian nation is the second-biggest producer of the oil after Indonesia, used in everything from food to cosmetics, in […]

PTT introduces B10 in Thailand

The Minister of Energy of Thailand has officiated at the first public sale of PTT UltraForce Diesel B10 in Thailand, as it bets on biodiesel B10 as the country’s main diesel fuel. The Minister of Energy Siri Jirapongphan presided over a ceremony to launch PTT’s UltraForce Diesel B10, the first biodiesel B10 fuel to go […]

Palm oil market — bargaining power is key

KUALA LUMPUR: World’s dominant palm oil producers, Indonesia and Malaysia contribute 87 per cent of the global supply — creating a duopoly market of the most versatile edible oil. Indonesia produces 33 million tonnes of the commodity annually, while Malaysia 19.5 million tonnes. Other players are Thailand, Columbia and Nigeria. Palm oil contributes approximately one-fifth […]

Indonesia eyes biodiesel with 40% bio-content between 2021-2022 – minister

JAKARTA, Dec 10 (Reuters) – Indonesia plans to implement a biodiesel programme with 40% bio-content (B40) between 2021-2022, coordinating minister overseeing energy Luhut Pandjaitan said on Tuesday.

Look to palm oil for electricity, says MPOB

PUTRAJAYA: The Malaysian Palm Oil Board (MPOB) has suggested tapping the potential of using “waste” from oil palm to generate electricity as a cleaner alternative to fuels like coal. MPOB director-general Ahmad Parveez Ghulam Kadir said oil palm biomass, including empty fruit bunches, mesocarps fibres and kernel shells which are by-products from the oil extraction […]

Indonesia’s B30 biodiesel plan a boost to domestic palm oil consumption

JAKARTA: Mr Rudi pulled up next to a pump in a petrol station in Jakarta. He lifted a grey nozzle and filled up his truck with palm oil-based B20 biodiesel. At 5,150 rupiah (US$0.37) a litre, the biodiesel is half the price of the regular diesel available at all petrol stations. “B20 is more affordable. […]

Indonesia aims to start making green diesel in 2022

[JAKARTA] Indonesia plans to start producing green diesel from palm oil in 2022, with output estimated at 3.7 million kilolitres, a senior official in the Energy and Mineral Resources Ministry said on Tuesday. Indonesia, the world’s largest palm oil producer, wants to develop green diesel, a second generation biodiesel. It currently uses biodiesel made from […]

Teresa Kok: Malaysia ready to duke it out with EU over palm oil discrimination

KUALA LUMPUR, Dec 4 — The Ministry of Primary Industries (MPI) is raring to confront the  European Union (EU) on its palm oil discrimination, through filing Malaysia’s case with the World Trade Organisation (WTO). Its minister Teresa Kok said MPI has enlisted the cooperation of the Attorney-General’s Chambers, Ministry of International Trade and Industry and […]