CPO export tax unlikely to affect EU demand, says Malaysian Palm Oil Council CEO
KUALA LUMPUR, Dec 21 — The reinstatement of crude palm oil (CPO) export tax starting next month is unlikely to affect demand for the local commodity in the European Union (EU), according to the Malaysian Palm Oil Council (MPOC). Its chief executive officer, Datuk Dr Kalyana Sundram, said the EU market is less troubled by […]
Indonesia Seeks to Expand Green Fuel Production to 100% by 2022
Nusa Dua. Djoko Siswanto, secretary general of the National Energy Committee, said Indonesia is developing green fuel as an end-product of palm oil, to reduce the country’s reliance on costly oil imports. Green fuel is a mix of palm oil and regular fuel. “We are testing it at two of our refineries, Dumai and Plaju. We are […]
Biogas as a sustainable energy solution for Southeast Asia
The recent advent of a circular economy highlights the importance of anaerobic digestion and biogas. Anaerobic digestion is a process where large organic matter is broken down into small molecules in the absence of oxygen. During this process, biogas is produced, which consists of 60-70 per cent methane and 30-35 per cent carbon dioxide, with the remainder being […]
Cambodia seeking private partner for new waste to energy plant
THE CAMBODIAN government is seeking a private partner to invest in a waste to energy plant to be developed in Phnom Penh. Reports in Phnom Penh Post said the government had asked the Ministry of Mines and Energy to look into this. The city generates more than 3,000 tonnes of rubbish daily and is currently […]
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 […]
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 […]
Young inventors create device that converts noise to electricity
The Sound – Light or “S-Light” was created by “Team Voltage 5” composed of Grade 11 students Kirsten Dianne Delmo, Nico Andrei Serrato, Joecile Faith Monana, Frelean Faith Engallado, and Raphael Francis Dequilla. While electricity is normally used to power up speakers, this invention reverses that process and uses sound and converts it to electricity. […]
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, […]
