Is The EU’s War On Palm Oil Working?

In December 2018, the European Union (EU) revised the Renewable Energy Directive (RED) also called RED II which bans the use of palm oil. The EU decided to use sunflower oil as an alternate biofuel which is produced in Europe; stating the reason for the ban on palm oil is that it contributes to extensive deforestation […]

Japan’s MHI eyes Indonesian biomass power potential

Japanese engineering firm Mitsubishi Heavy Industries (MHI) is looking to promote the use of biomass at existing coal-fired power plants in Indonesia, with the country aiming to reduce greenhouse gas emissions by increasing its renewable power sources.

Malaysia tycoon seeks stake in major palm oil producer

Malaysian tycoon Syed Mokhtar Albukhary is seeking to combine his plantation assets with FGV Holdings in a potential merger aimed at securing a stake in one of Malaysia’s biggest palm oil producers. FGV shares rallied.

B.Grimm keen on biomass with strategic partner

SET-listed B.Grimm Power Plc is planning to use biomass-derived fuel for its power generation as it continues to expand its business in the renewable energy field, says chief executive Preeyanart Soontornwata.

Malaysian palm oil at a crossroads

When Kuala Lumpur announced in June a halt to recruitment of foreign nationals until the end of 2020, plantations were quick to seek an exemption.