Showing 301-310 of 319 results

Singapore set to become world’s first sustainable palm oil nation

[KUALA LUMPUR] Singapore could become the world’s first country to only use sustainable palm oil as part of a green push to tackle forest fires and air pollution blighting South-east Asia. Palm oil is the world’s most widely used edible oil and found in everything from margarine to soap. Its production has led to deforestation, […]

Indonesia launches B30 biodiesel to cut costs, boost palm oil

JAKARTA (Reuters) – Indonesia on Monday launched biodiesel containing 30% palm-based fuel, the highest mandatory mix in the world, in a bid to slash its fuel import bill and boost domestic palm oil consumption.

Energy Ministry catches fire, cheaper B10 and E20 starts Thursday

The Energy Ministry has decided to postpone the effective date for cutting retail prices for biodiesel B10 and gasohol E20 by one baht per litre from Wednesday to Thursday because the ministry’s buildings caught fire on Wednesday, rendering officials unable to conduct a meeting. The State Oil Fund Administrative Committee previously planned to approve this […]

Ethanol output estimated to rise 8.1% in 2019

PHILIPPINE ethanol production is expected to hit 320 million liters this year, up 8.1%, as declining sugarcane output and high prices encourage more market entrants going forward, the United States Department of Agriculture (USDA) said. “For 2020, production is again likely to increase as additional distilleries begin operations,” the USDA’s Foreign Agricultural Service said in […]

Malaysia raises export tax for crude palm oil for first time in over a year

SINGAPORE (Reuters) – Malaysia has raised its export tax for crude palm oil for January, for the first time in one-and-a-half years, the Malaysian Palm Oil Board’s website said on Friday, citing the national customs department. The world’s second-largest producer and exporter of palm oil had last imposed an export tax of 4.5% in August […]

India imports 183,914 tonnes of Malaysian edible palm oil in November

NEW DELHI, Dec 13 — India imported 183,914 tonnes of edible palm oil from Malaysia in November, industry data showed on Friday. The imports from Malaysia comprised crude palm oil (CPO) (140,280 tonnes), RBD palmolein (41,600 tonnes) and crude palm kernel oil (CPKO) (2,034 tonnes), according to the Mumbai-based Solvent Extractors’ Association (SEA) of India. […]

New Year price slash for B10, E20

The Energy Ministry plans to cut retail prices for biodiesel B10 and gasohol E20 by another one baht per litre during the New Year period to reduce fuel costs for Thais during the long holiday. The campaign will be effective from Dec 25 to Jan 10. At present, B10 and E20 cost 24.09 baht and […]

Can Palm Oil Demand Be Met Without Ruining Rainforests?

Palm oil is one of the world’s most widely used and controversial commodities. Cheap, efficient and extraordinarily versatile, it’s found in thousands of everyday products, from cookies to shampoo to fuel. Yet surging cultivation of oil palm trees is linked to burning of tropical rainforests and the destruction of wildlife habitats in Southeast Asia. Environmental […]

AirAsia advocates palm oil for its biofuel programme

KUALA LUMPUR: AirAsia Group Bhd (AirAsia) is keen on using palm oil as part of its sustainable programme to develop biofuel-powered flights in the future. AirAsia founder and group chief executive officer Tan Sri Tony Fernandes said the low-cost carrier (LCC) is in the midst of conducting a research on palm oil-related biofuel with various […]

Seek bilateral talks for palm oil apart from WTO

MALAYSIA should seek other diplomatic avenues in resolving the palm oil conflict with the European Union (EU) as the World Trade Organisation’s (WTO) Appellate Body is “paralysed” due to its limited panel members. The arbitrator lost its power to rule in a trade dispute when two of its three remaining judges — the minimum number […]