Latest Palm oil Stories
By Ooi Tee Ching AMERICAN agribusiness giant Cargill Inc, which owns palm oil refineries in Kuantan and Port Klang, is keen on buying into cocoa and specialty fats businesses in Malaysia.
International Coastal Biofuels, Inc. (Pink Sheets:ICBU), announced today that it completed a reverse merger with Interactive Technologies.com, LTD via a stock-for-stock exchange (stock swap) on May 14, 2008. International Coastal Biofuels, Inc.
By Yuthana Praiwan, Bangkok Post, Thailand Jul. 24--PTT Chemical (PTTCH), Asean's leading petrochemical producer, has acquired a 50 percent stake in the world's largest producer of oleochemicals in a deal worth 104 million.
THAILAND'S PTT Chemical Public Co Ltd has bought a stake in Cognis Oleochemicals Sdn Bhd, making it the new partner for Sime Darby Plantation Sdn Bhd.
KUALA LUMPUR, Malaysia and BANGKOK, Thailand, July 22 /PRNewswire/ -- PTT Chemical Public Company Limited (PTT Chemical), a leading producer and distributor of chemical products, through its wholly owned subsidiary PTT Chemical International Private Limited (PTT Chemical International), today will sign a joint venture agreement with Sime Darby Plantation Sdn.
By James S IT STARTED WITH ENERGY, especially crude oil prices and then later, other hard and even soft commodities followed suit. In the last year or so, food has been the latest addition on the growing list of items hit by soaring prices.
Text of report in English by influential Indonesian newspaper The Jakarta Post English-language website on 10 July [Attributed to Associated Press: "Indonesia, world's largest producer of palm oil, to force manufacturers to use biofuel"] Indonesia, the world's largest producer of palm oil, plans to force manufacturers to use biofuels for some of their energy needs to reduce dependence on imported oil amid soaring global prices.
By Ooi Tee Ching SOFTWARE developer Online One Corp Bhd, having seen South Korean investors take up 28 per cent stake in it, will soon earn more from its "health balance" cooking oil and animal feed businesses.
By Ooi Tee Ching BIG plantation companies are starting to plant rubber trees on hilly land as rubber prices hit records, Plantation Industries and Commodities Minister Datuk Peter Chin said.
Malaysia is blessed to have oil below the sea and onshore. Both crude and palm oil are trading at record-high prices, and contributing significantly to the economy. Business Times interviews Malaysian Palm Oil Council chief executive officer Tan Sri Yusof Basiron.
- To befool; deceive; balk; jilt.
- An illusion; a trick; a cheat.