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Helping to clear the haze Eight Malaysian-owned firms under Indonesian probe
THIS week all eyes will be on how Indonesia and Malaysia, the world’s top two largest crude palm oil (CPO) producers, deftly tackle the issue on haze currently polluting the air over Singapore, Malaysia and Indonesia.
Lahad Datu oil palm biomass pact seen to draw 12 to 15 companies
PETALING JAYA: Agensi Inovasi Malaysia (AIM) is expecting at least 12 to 15 companies to participate in the recently signed oil palm biomass joint-venture (JV) cluster in Lahad Datu, Sabah, by the end of this year.
Teck Guan launches bio-ethanol project in Tawau
TAWAU: Syarikat Teck Guan Group has started a pilot project to produce lignocellulosic bio-ethanol from oil palm biomass.
Malaysia's palm oil exports to exceed 2011 record high of RM80.41b in 3-5 yrs
Malaysia would be able to register another record palm oil export figure in the next three to five years, surpassing the all-time high of RM80.41bil in 2011.
Genting will benefit from DuPont’s scientific capabilities
KUALA LUMPUR: Genting Plantations Bhd is leveraging on DuPonts scientific capabilities to increase the yield of oil palm trees under a 30-month collaboration agreement.
Strong year-end for auto sector?
MAINTAIN overweight. DRB-Hicom is our top pick for its restructuring potential with Proton. UMW remains an outperform on its positive earnings momentum while Tan Chong is our only underperform as it looks increasingly marginalised.
Malaysia produced 80m tonnes oil oil palm biomass in 2011
Malaysia produced an estimated 80 million tonnes dry weight of oil palm biomass in 2011, reflecting the importance and significant potential of biomass, said Plantation Industries and Commodities Deputy Minister Datuk Hamzah Zainudin.
Regular supply
Palm oil ensures sustainable supply to meet increasing global demand for oils and fats.
MYBiomass plans Johor plant
PETALING JAYA: MYBiomass Sdn Bhd will consider investing US$200mil to US$300mil (RM638.5mil to RM957.9mil) to set up a bio-refinery plant in Johor using oil palm biomass as feedstock, said Malaysian Industry-Government Group for High Technology (MIGHT) president and chief executive officer Yusoff Sulaiman.
Gevo to build RM1.65b plant
Kuala Lumpur: US-based biochemical company Gevo Inc will invest RM1.65bil to build the world’s first bio-isobutanol from biomass manufacturing plant at the Kertih BioPolymer Park in Terengganu.
