infoSAWIT News

TANA TIDUNG – a palm oil plantations company in Tana Tidung particularly in Sesayap and Sesayap Hilir district expected to distribute  palm oil plantations to the society evenly. Because of all of this, said Tana Tidung Parliament member, HM Inuch, the company has distribute the plantations to the new people that stay in Tana Tidung for recently.

CHICAGO - CME Group Inc. said it would launch U.S. dollar-denominated calendar swaps for Malaysian palm olein in November, giving investors a way to reduce default risk and hedge refining margins.

KUALA LUMPUR – An art director, graphic designer, and jewellery maker named Peisy Ting wanted to create a line of simple products made from a new source of sustainable tree-free paper called palm paper.

PAPUA NEW GUINEA – A thriving palm oil industry, backed by a Malaysian privately controlled company East New Britain Plantation Group (ENBP), is set to become the new economic backbone of Kokopo, the provincial capital of East New Britain in Papua New Guinea (PNG).

KUALA LUMPUR - Felda Global Ventures Holdings Bhd (FGV) have done an expansion of biodiesel business in China by delivering 6000 tons of palm oil methyl ester (PME) for the second times to Dongguan Port, Guangdong.

MINDANAO – Investors from the Brunei, Indonesia, Malaysia, Philippines-East Asean Growth Area (BIMP-Eaga) and Indonesia, Malaysia, Thailand-Growth Triangle (IMT-GT) are looking at 11 proposed investment projects in Mindanao that were presented last Friday during a Business to Business Matching Session at the SMX Convention Center.

 RIO DE JAINERO – The Federation of the Industries of the State of Sao Paulo says production of four crops such are soya, corn (maize), sugarcane and palm oil will need more than 10,5 million more hectares of land by 2023.

NEW DELHI – To reduce the demand and supply gap of crude palm oil in India, Indian government plans to do an expansion of palm oil plantation areas in 1,03 million hectares –nearly the size of the U.S. state of Connecticut- potential land that can produce four to five million metric tons of palm oil per year, based from Indian Ministry of Agriculture.

NIGERIA – The University of Ilorin has embarked on the cultivation of 10.000 hectares of palm oil plantation as part of the institution’s efforts towards helping Nigeria diversify its economy.

KUALA LUMPUR – Malaysian Palm Oil Council (MPOC) estimated the price of Crude Palm Oil (CPO) will raise about RM 2100 until RM 2500 in 2015, supporting by various factors such are the demand of biofuels and price level of petroleum.

WASHINGTON D.C – A global agribusiness company, Bunge, declared the commitment to use oil palm as raw material from only from non-deforestation sources nor palm oil from peat-lands.

JAKARTA – Indonesian CPO production were estimated will increase 7% in 2015. This caused by the demand of domestic biodiesel were increasing.

KUCHING – Malaysian palm oil industries have to increasing their productivity and environment management to be compete in world market. As statement from General Director of Malaysian Palm Oil Board (MPOB), Datuk Dr Choo Yuen Mei.

PENAJAM – Regional Chairman of PT Gawi Makmur Kalimantan, Charles Thenda, said the company will open plasma palm oil plantation in Babulu Darat village, Labangka, and Sei Rintik, North Penajam Paser regency, East Borneo Province.

SAMARINDA – From now on, the palm oil farmers in East Borneo feel spacious, it caused by fresh fruit bunches (FFB) price for 1^st – 15^th November 2014 period were increasing Rp 36,51/kg after decreasing in a few weeks ago.

COPENHAGEN – United Nations (UN) explained, the efforts to exceed the climate change by stopping the carbon emission will help economic and health development.

JAKARTA – Agricultural business leader, PT Sampoerna Agro Tbk, said both of plantations area in Sumatera and Borneo along the 9 first-months of 2014 (9M2014) have recorded strong operational development.

JAKARTA – In the low price of crude palm oil (CPO) and rubber along a year, PT Bakrie Sumatera Plantations Tbk (UNSP) still in their capability to increasing company’s trading value in 9 first-months of 2014 (9M2014) reaching 41% compared by the last period last year.

JAMBI – Head Officer of Society’s Relationship in Police of Jambi Region, AKBP Almansyah, confirmed that the police is still investigating the case of supposition of 300 palm oil seeds smuggling which have billion rupiahs value done by ex-palm oil company manager which operating in Jambi, PT Citra Sawit Harum (CSH).