infoSAWIT News

KUALA LUMPUR – Malaysian palm oil futures recorded its biggest daily decline since July 2013 on Monday as crude oil hit five-year lows and export data showed weakening global demand for palm oil.

JAKARTA – Dorab Mistry, an Analyst of Godrej International Limited in 2014 IPOC event said on July 2015, palm oil production cycle will going higher and climbed until 2016 so that palm oil production can be increases by 2,5 until 3 million tons in the future.

SAMUT SAKHON – A fire raged through a palm oil mill in Samut Sakhon province early on Tuesday (02/12/2014), sending panicked workers fleeing for their safety, with one sustaining burns.

JAKARTA – An analyst from Godrej International Limited, Dorab Mistry said, until the end of this year, Indonesian palm oil production estimated won’t have any changes compared in 2013 that was about 30 million tons production.

BANDUNG – Electricity crisis that still happening in North Sumatera makes Indonesian Ministry of Energy and Mineral Resources (MEMR) considers the using of palm oil mill effluent (POME) as the electricity resources, cause it has a very big potential.

LONDON – New Britain Palm Oil (NBPOL) in its statement on last weekend stated, it will take a longer time from the expectation for European regulators to agreed the takeover bid offered by Malaysian big company, Sime Darby on last October.

JAKARTA – A palm oil company, PT BW Plantation, plans to release their capital expenditure (Capex) in next year to Rp 1,3 trillion. This done after Rajawali Group overcomes Green Eagle Holdings on this early month.

NEW DELHI – Crude Palm Oil (CPO) price decreases by 2,43% to Rs437/10 kg in futures trading on Monday (01/12/2014).

DAYUN – Palm oil farmers in Dayun district expect rainy season will recover palm oil last condition that occur in track or the decreasing of peoduction season. The track condition makes thedecreasing of palm oil production, while the daily needs keep increasing along the increasing of some goods prices after the increase of petroleum oil.

JAMBI – Fresh fruit bunches (FFB) palm oil price in Jambi Province for 28^th November – 4^th December 2014 period decreases by Rp16/kg. It is recorded FFB price from three years old palm oil trees priced in Rp 1.314/kg from Rp 1.330/kg.

JAKARTA – Investor Relations of Astra Agro Lestari (AALI), Rudy Limardjo, stated the company accomplish the acquisition of 50% PT Kreasijaya Adhikarya shares in the end of this year by Rp 75 billion value.

LONDON – One of sustainable palm oil producer, New Briatin Palm Oil Limited (NBPOL), on Friday (28/11/2014), announced the third quarter in 2014 (3Q2014) financial report.

PEKANBARU – Forest fire until now, still being the problem that cannot handling good by the government. That’s why, Indonesia’s President, Joko Widodo orders Ministry of Environment and Forestry to reviewing a company in Riau Province.

KUALA LUMPUR – A subsidiary company of New Britain Palm Oil (NBPOL), Sedenak Palm Oil Mill which is located in Malaysia, in its official statement cited by Channel News Asia, plans to reduces the using of diesel for its operations by 60% and replaced by the using of biogas.

ITALY – According to the result of Bioeconomy Stakeholder’s Conference in Turin, Matrica –the joint venture between petrochemical company Versalis and bioplastics company Novamont- has hosted an international open day ait its flagship plant in Porto Torres, Sardinia.

PHILIPPINES – Green Power Panay Philippines Inc., a biomass company based in Iloilo, is raising as much as P290 million from an initial public offering (IPO) under the main board of the Pilippines Stock Exchange (PSE).

TAURANGA – A warehouse of storage place for soya meal and 8,000 tons of palm kernel located in Aerodrome, Tauranga, Australia, burned on the middle of October 2014, at 2.40 a.m.

BOGOR – Nowadays, the wide of palm oil plantation owned by the people reach about 3,8 million hectares, but ironically the palm oil farmers still haunted by the existence of illegal or uncertified palm oil seeds.

JAKARTA – Bachrul Chairi, General Director of International Trade Cooperation of Ministry of Trading, stated, the main Indonesian CPO export destination is still dominated by China and India.

JAKARTA – Excessive use of forest by half of people for the sake of their businesses give negative effect towards natural surrounding. The effcts such are deforestation and producing of greenhouse emission gases.