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Plantations 11 Feb 2019 | 10:52 PM

Can 'Big Brother' technology clean up palm oil's image?

LONDON: Some of the world's major palm oil users, including Nestle, Unilever, and Mondelez, are trying out new satellite technology to track deforestation, as pressure grows on them to source the ingredient responsibly

Corporate News 16 Nov 2018 | 12:46 AM

Singapore's Wilmar may invest in soybean production in Russia

MOSCOW: Singapore-listed commodity trader Wilmar International Ltd may invest in soybean production and processing and transhipment of soybean concentrates in Russia's Far East, a regional ministry said on Thursday.

Plantations 25 Sep 2018 | 10:49 PM

Indonesian activists abseil down palm refinery tanks in deforestation protest

JAKARTA: Environmentalists abseiled down storage tanks and unfurled banners at a palm oil refinery in Indonesia on Tuesday in protest at deforestation of the country's tropical forests.

World 25 Sep 2018 | 5:28 PM

Indonesia activists abseil down refinery tanks to protest deforestation

JAKARTA (Reuters) - Environmentalists on Tuesday abseiled down storage tanks and unfurled banners at a palm-oil refinery in Indonesia to protest the deforestation of the country's tropical forests.

Commodities 17 Sep 2018 | 1:07 AM

Wilmar: Success in Indonesia proves biodiesel will not affect vehicle engines

KUALA LUMPUR: There should be no concern that the use of biodiesel will affect vehicle engines as proven by the implementation of the biodiesel programme in Indonesia, said Wilmar International.

Plantations 11 Sep 2018 | 12:00 AM

Better outlook for planters

PETALING JAYA: The earnings of plantation companies are expected to recover in the second half of this year after the sector took a hit in the last quarter.

Corporate News 29 Aug 2018 | 12:22 PM

PPB Group makes RM311mil net profit

KUALA LUMPUR: PPB Group Bhd's net profit for the second quarter ended June 30, 2018 jumped to RM311mil from RM96.4mil in the same quarter last year.

Corporate News 14 Aug 2018 | 12:00 AM

Wilmar posts five-fold jump in second quarter profit

Earnings soar to US$316mil while revenue climbs to US$10.8bil

Corporate News 13 Aug 2018 | 10:11 AM

Wilmar Q2 profit surges on oilseeds and grains business

SINGAPORE: Singapore-listed commodity trader Wilmar International Ltd posted a five-fold rise in second-quarter net profit, helped by its oilseeds and grains segment that benefited from higher volumes and crush margins.

Commodities 24 Jul 2018 | 11:04 PM

Indonesia offering incentives for new 100% palm oil-based "green diesel"

JAKARTA: Indonesia, the world's biggest palm oil producer, is offering incentives to developers of a new 100 percent palm oil-based "green diesel", which the net oil importer hopes can replace costly fuel imports within three years, the country's industry minister said.