infoSAWIT News

Colombia – Colombia’s increasing CPO production is the highest in last three years. oil World noted, the CPO production in Colombia increased about 1,15 millions of tons in 2014 than the previous year about 1,04  milions of tons 2013.  The CPO is mostly used to be the material of cooking oil and biofuel.

KOTABARU –  Regional Government of Kotabaru, South Kalimantan gives helps, such as palm oil seeds to the farmers. Unfortunately the farmers should have farmer group as the requirement.

KUALA  LUMPUR – Besides the El-Nino happening in Southern Asia, the harvest of soybean is also suspected to be the competition of palm oil price and is also the cause of decreasing price of palm oil in Malaysia up to 15% in this year.

JAKARTA – Company which runs one of its business in palm oil plantation Indofood Agri Resources Ltd, increased the total income about 27% to be Rp 5,277 billions in the second semester 2014 (2Q2014) than in the same period in 2013 which was Rp 4,165  billions. In the first semester 2014, the total income increased 28% or about Rp 10,005 billions from Rp 7,843 billions in 2013 in the same period .

PETALING JAYA - Sime Darby Bhd which won the auction of New Britain Palm Oil Ltd (NBPOL) belonging to Kulim (Malaysia) Bhd shares could be the good opportunity for the company to run its business in Papua New Guinea. Analyst from Public Investment Bank said so.

KUALA LUMPUR – Economic, Social Board (ECOSOC) United Nations (UN) gives ‘special consultative status’ in Roundtable on Sustainable Palm Oil (RSPO). The status has been started from May 2014, which RSPO could be involved to the UN Secretariat actively, such as, ECOSOC and other representatives.

JAKARTA – Indonesia Stock Exchange on Monday, (4/8/2014) noted that palm oil company, PT Palm oil Sumbermas Sarana Tbk (SSMS) per 30 June 2014 or semester I 2014 got net profits to be Rp 391,2 billions than in the same period in last year 2013 which was Rp 223,97 billions.

PEKANBARU – The Government of Riau said, it will be positive to the crude palm oil (CPO) trade for the limitation of diesel stock which the government does Head of Plantation Agency, Riau, Zulher said, the limitation of diesel stock supports the biodiesel advantages as one alternative as the substitution of fuel.

JAKARTA – Palm oil enlargements where many investors do are in the indigenous areas. So if the Draft of Undang-Undang Pengakuan dan Perlindungan Masyarakat Hukum Adat (RUU PPMHA) is officially announced, the enlargement will continue until the licence ends.

JAKARTA – General Secretary of Indonesian Palm Oil Businessmen Association, Joko Supriyono, told, palm oil companies have given big positive things tho the economy in Indonesia.

JAKARTA –  To boost the competitiveness in crude palm oil (CPO) Indonesia, the new elected presiden should pay attention to build special harbor of CPO in eastern Indonesia. General Secretary of Indonesian Palm Oil Businessmen Association (IPOBS) Joko Supriyono said, (6/8/2014).

JAKARTA - PT PP London Sumatra Indonesia Tbk (Lonsum) have planted in 1.178 hectare in the first semester 2014 (1H2014). The dominant planting reached about 1.090 hectares.

JAKARTA – Plantation Emitten, PT PP London Sumatra Indonesia Tbk (Lonsum), in the first semester 2014 (1H14) recorded the increasing crude palm oil (CPO) production volume about 24,0% to be 212.101 tons from the same period in last year which was 170.994 tons.

KUALA LUMPUR – General Secretary of Roundtable on Sustainable Palm Oil (RSPO), Darrel Webber, said, having “Special Consultative Status’, RSPO gets benefits.

Orrville – American company producing ice cream, toppings, soft drink, shortening, natural peanut butter, and other products, JM Smucker has committed to absorb sustainable palm oil.

JAKARTA – Palm oil plantation company, Bumitama Agri Ltd, has recently announced to join its two subindustries, they are PT. Bumitama Energi Lestari (BEL) and PT. Bumitama Oleo Santoso (BOS).

JAKARTA -  To reduce importt dependence of fuel and save the state apenditure, the government will increase the portion of biodiesel in the diesel and it will reduce the consumption of diesel.

KERTANEGARA – To distribute crude palm oil (CPO) easily, PT Rea Kaltim Plantations (REAKAP) does agreement with Regional Government of Kutai Kartanegara (Kukar) to use ways about 12,5 kilometer which lies from Tuana Tuha to Pendamaran.

KOTABARU – Plantation Agency in Kotabaru will crack palm oil companies having no operational licences. One of them is PT. Laguna Mandiri. Head of Plantation Agency Kotabaru, Sugian Noor said it on Thursday (7/8/2014).

SINGAPURA - Wilmar International Ltd noted, the decreasing net profits in the second quarter 2014 (2Q2014) about 22% to be US$ 170,7 millions than in the same period which was US$ 218,5 millions. In the first semester 2014 (1Q2014), the net profit decreased 38% from US$ 533,9 millions in 1Q2013 to be US$ 332,5 millions.