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A MEETING of ministers from Opec states and their oil-producing allies will take place in Abu Dhabi this week. It will probably be a subdued affair. Oil prices remain stubbornly low despite big output cuts by the so-called Opec+ group and geopolitical factors such as the US sanctions on Iran.
PETALING JAYA: Scheduled waste management company Tex Cycle Technology (M) Bhd has inked a memorandum of understanding (MoU) with Pakar Go Green Sdn Bhd (PGG) to collaborate for the potential entry into the biochar production business.
ALBANY: The halt on China’s imports of wastepaper and plastic that has disrupted US recycling programmes has also spurred investment in American plants that process recyclables.
PETALING JAYA: The earnings of PPB Group Bhd, a diversified company controlled by billionaire Robert Kuok, are expected to be weighed down by lower crude palm oil (CPO) prices over the next two years.
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
Plastic bag manufacturer enters new phase of business with compostable bags.
GOING green is the new buzzword in the corporate world, and there is no shortage of companies or businesses that are trying to burnish their environmental credentials by contributing to sustainable causes.
PETALING JAYA: The decrease in corn and soybean prices due to a bumper harvest in the United States, coupled with the slight appreciation of the ringgit against the greenback, will result in cost-saving for the local poultry players.
Johor Petroleum Development Corp (JPDC) chief executive Mohd Yazid Ja’afar said they expected major investors the size of Petroliam Nasional Bhd (Petronas) to come in post-2019. “At the moment, we are talking to a few of them, but it is still at the preliminary stages,” he told StarBiz after a presentation at Invest Malaysia 2016.
PETALING JAYA: Local palm oil refiners are bracing to retain their refining margins in the coming months as their competitive advantage is expected to be affected by the new palm oil levy imposed by Indonesia in July.