Indonesian palm oil exports to China drop by half in January: GAPKI
Indonesia’s palm oil exports to China have plummeted by half in volume amid global uncertainties, an industry source has said. The Indonesian Palm Oil Producers Association (GAPKI) said in a statement on Tuesday that China’s export volume fell by 381,000 tons or 57 percent. This contributed to the sharp drop in the country’s total palm oil […]
Sembcorp Design and Construction bags $433m biosolid treatment deal
A $433 million contract to build a biosolid treatment facility for the Tuas Water Reclamation Plant (WRP) has been awarded to Sembcorp Design and Construction (SDC). National water agency PUB said in a statement yesterday that SDC will construct Tuas WRP’s energy-efficient biosolids building, digesters and greasy waste receiving facility.
Nomura : invests $25 mil. in Singapore recycling tech firm Blue Planet
Japan’sNomura Holdings Inc. has injected $25 million in Singaporean recycling technology firm Blue Planet Environmental Solutions Pte. Ltd. Blue Planet will use the investment from the major Japanese securities firm to improve its products and services for sustainable waste management, which will help sustainable growth in Asia, according to a Blue Planet statement released on Tuesday.
Extension of Malaysia lockdown hurts biomass output
Malaysia today extended a countrywide lockdown by two weeks to 14 April to combat the spread of the coronavirus, a move expected to keep wood pellet factories closed for nearly a month. The restrictions on movement are also making it more difficult for many palm kernel shells (PKS) suppliers to operate. The Malaysian state government of […]
Malaysia palm plantations forced to shut for two weeks during virus curbs
[KUALA LUMPUR] Palm oil plantations in Malaysia will have to stop operations for the next two weeks to comply with government orders to shut non-essential businesses to contain the spread of the coronavirus, a producer group said on Wednesday.
Malaysia lowers export tax on Crude Palm Oil as prices tumble
Singapore — The Malaysian government has lowered the tax on crude palm oil exports in April to 5% from 6% in March. This move came after the reference price for Malaysian palm oil in April was calculated at MR 2,631.07/mt, down from MR 2,982/63/mt for March. The export tax of 5% applies to a CPO price range […]
Vietnam adjusts biomass power prices
Hanoi (VNA) – Adjustments have been made to biomass power prices under the Prime Minister’s Decision No.08/2020/QD-TTg on amendments and supplements to several articles of the Decision No.24/2014/QD-TTg dated March 24, 2014. Accordingly, the prices will range from 1,634 – 1,968 VND (0.07 – 0.08 USD) per kWh, exclusive of added value tax.
Waste-to-energy project in Phnom Penh proposed
The Ministry of Mines and Energy has unveiled a project which will convert waste materials to energy in Phnom Penh. A study on the waste materials for conversion will also be conducted simultaneously. The Ministry of Mines and Energy has unveiled a project which will convert waste materials to energy in Phnom Penh. A study on […]