infoSAWIT News

PUTRAJAYA -  One of Malaysian palm oil industry, IOI Corp Bhd, estimates the price of Crude Palm Oil (CPO) will rise in the first-quarter of 2015 between RM2,300 and RM2,600.

PONTIANAK – The weaker of CPO prices in export market expected to fade by the use of renewable energy from vegetable oil, mainly for Crude Palm Oil (CPO).

JAKARTA – One of the leading plantation company in the world, PT PP London Sumatra Indonesia Tbk (Lonsum) on 9^th-Month of 2014 (9M2014) recorded a satisfied performance.

SINGAPORE – A palm oil plantation company, Golden Agri-Resources Ltd (GAR), announced the company will report their third-quarter 2014 financial accountancy on next November.

JAMBI –Head of Abroad Trading Sector, Industry and Trading Agency of Jambi Province, Muhammad Yamin , Wednesday (29/10/2014), said palm kernel exports from Jambi still in 26,2 million tons. By the exports value by Rp 24,1 billions in 2014 first semester.

JAKARTA – Planting activities of PT PP London Sumatera Indonesia Tbk (Lonsum) till the end of September 2014 (9M2014) reached 1.792 hectares (ha). Recorded for the new planting of palm oil as 1.482 ha, palm oil replanting as 163 ha, rubber replanting as 80 hectares and other crops as 67 hectares.

SAMARINDA – Agriculture Agency of East Borneo said, started from October this year, the cooperative from business entity engaged in agriculture including plantation subsector that has income turnover amounted to Rp 4,8 billion per year be taxpayer.

JAKARTA – To increase the capacity of Riau provincial government, BP REDD+ has facilitated the process of socialization National Procedure (Posnas) Prevention and Countermeasures Forest Fires, as well as training on Karhutla Monitoring System (KMS); hoe to using the facility of high resolution satellite imagery which able to identify the number of fire-spot and presents as an analysis that can be used by authorities in law enforcement.

PONTIANAK – Palm oil plantation focuses on Corporate Social Responsibility (CSR) program for the basic needs of the society, such as access road, clean water, and the availability of educational facilities in the palm oil development area. As states by Head of Marketing of Association of Palm Oil Companies in Indonesia (GAPKI), Susanto, in Pontianak, Wednesday (29/10/2014).

JAKARTA – Indonesian Palm Oil Farmers Association (Apkasindo) explained, in 2015 a Palm Oil Mill owning by the smallholders will operate.

PONTIANAK – Governor of West Borneo Cornelis explained, there were some palm oil companies which weren’t develop smallholders clearly, thus making the society plantation area not prosper and often lead to conflict.

 LANGKAT – The price of Fresh Fruit Bunch (FFB) were going better in some districts in Langkat regency, North Sumatera. So the palm oil farmers appear back alive.

JAKARTA – Governance Agency REDD+ said, after Jambi Province, Central Borneo, North Borneo, West Sumatera, Central Sulawesi and South Sumatera, now is the turn for Riau to signed a memorandum of understanding with BP REDD+ about good management of forest and peat-lands.

MEDAN – There were only 7 palm oil plantations in North Sumatera which have Indonesian Sustainable Palm Oil (ISPO) certificate from the total of 340 plantations owned by 201 companies and 29 groups. This according to the statement from Head Officer of Agriculture Agency of North Sumatera, Herawati, Tuesday (28^th October 2014).

JAKARTA – The production of Fresh Fruit Bunch (FFB) in nucleus estate, PT Dharma Satya Nusantara Tbk (DSN Group), in the first nine months ended by September 2014 experienced surge of 11,4% or 920,1 thousand tons, compared to the same period in 2013 were only 826,1 million tons.

JAKARTA – A palm oil company, PT Dharma Satya Nusantara Tbk (DSN Group), recorded in the 3^rd quarter of 2014 (3Q2014) the net profit of the company were increasing by 323% or about Rp 521,5 billion compared by last year in same period that were still in Rp 123,3 billion.

JAKARTA – Trading Minister of Republic of Indonesia, Rachmat Gobel in his first official speech in Jakarta, Monday night (27^th October 2014), said he has been prepared some targets as also the focuses in Trading Ministry.

KUALA LUMPUR – Felda Global Ventures Holding Bhd (FGV) have been spreading the biodiesel business in China by the inaugural delivery of 6.000 metric tons (MT) of palm methyl ester (PME) to Nansha, a port in Guangzhou.

JAKARTA – The Minister of Environment and Forestry in Kabinet Kerja 2014-2019, Siti Nurbaya, hope the cooperation between Ministry of the Environment and Ministry of Forestry will run fast and smoothly in two months later.

KUALA LUMPUR – The price of Crude Palm Oil (CPO) will increasing about RM 2.100 and RM 2.500 in next year. Accordingly the statement from Malaysia Palm Oil Council (MPOC), Tuesday (26^th October 2014).