infoSAWIT News

JAKARTA – To slow down the worse climate change caused by illegal logging, flame and other things, government of Myanmar started to join REDD+ programme.

JAKARTA – One biggest palm oil company in Indonesia, PT Astra Agro Lestari Tbk (AALI) claimed, his side has implemented sustainable palm oil because the government has published the policies to sustainable and environmental palm oil.

America - Archer DanielsMidland (ADM) Company had officially and exclusively announced to offer its sustainable palm oil in RSPO certification for the customers in North America 2015.

KUALA LUMPUR– Sustainable palm oil absorption increased 49% in the first quarter 2014 (1Q2014) than in the same period in last year.

SINGKIL–Villagers Chief of Kampung Baru,who became a wanted man for the “man behing” palm oil stealing belonging to PT Perkebunan Lembah Bakti , was arrested by the police sector North Singkil.

NIGERIA – A Nigerian palm oil company, PRESCO Nigeria plc released its monetary in 2013, which showed the decreasing income in the up and bottom line level.

JAKARTA – Sustainable commitments were not fully done by Indonesian palm oil companies. Monday (5/5/2014), PT. Munte Waniq Jaya Perkasa (MWJP) should replace Muara Tae to plant palm oil.

KUANSING –There were about 500 hectares (ha)  of palm oil plantation in Pantai, Subdistrict of Kuantan Mudik and Pucuk Rantau, belonging to PT Tri Bakti Sarimas (TBS) could not be harvested for the miners having no licence in Kuantan Singingi (Kuansing).

SINGAPORE–Malaysian crude palm oil increased3,9% in April to be 1,56millions metric ton (MT) to the previous month which was 1,49 millions MT. Malaysian Palm Oil Board said on Monday (12/5/2014).

NIGERIA –  Coordinator Secretary in Economy and Secretary of Treasury, Ngozi Okonjo -Iweala, as reported byPunchng, Thrusday (15/5) will officially announce palm oil plantation of University of Ilorin (Unilorin) .

JAKARTA – Bumitama Agri Ltd reported, in the first quarter 2014 (1Q2014), the selling of crude palm oil (CPO) increased 49,3% to be Rp 1,212 billions to the same period in 1Q2013 which was Rp 813 millions and the parlm kernel (PK) also increased 138,1% from Rp 61 millions in 1Q2013 to be Rp 145 billions.

SINGAPORE – The company which runs many kinds of commodities, Wilmar International Limited, Thrusday (8/5/2014) reported, the net profit of the company  significantly decreased in the first quarter 2014 (1Q2014) about 49% to be US$ 161.8 millions than in the same period which reached US$ 315.4 millions. Net profit of non operational in 1Q2014 also decreased 32% from US$313.7 millions to be US$214.6 millions.

SINGAPORE - Global Palm Resources Holdings Limited noted,  the company’s gross profit in the first quarter 2014 (1Q2014) increased aboutRp21.5 billions or162%, from Rp13.3 billions in1Q2013 to beRp34.8 billions in1Q2014. While the margine of gross profit increased from 20% in1Q2013to be 37% in 1Q2014.

KUALA LUMPUR - Felda Global Ventures Holdings Bhd (FGV) achieved award “The 2014 Frost and Sullivan Palm Oil Plantation Company of the Year Excellence Award”for the second year serially.

SINGAPURA – Palm oil company, Kencana Agri Limited in the first quarter 2014 (1Q2014) had decreasing income about 44% to be US$ 50,2 millions to the same period in last year which was US$ 89,5 millions.

JAKARTA – A plantation company, , PT PP London Sumatra Tbk (Lonsum) noted the increasing CPO production in the first quater 2014 (1q2014) about 13% from 99.776 tons in 1q2013 to be 100.330 tons in 1q2014 while the palm kernel production increased 17,0% to be 24.244 tons than 1Q2013 which was 20.715 tons.

Jakarta – The accusation of General Secretary of Ministry of Forestry, Hadi Daryanto, saying that palm oil farmers as part of deforestation was criticized by Palm Oil Farmers Federation (POFF).

MEDAN - ASEAN Economic Community (AEC) which will be running in 2015 becomes the new and harder challenge to the palm oil farmers in Indonesia. AEC will ease the foreign big corporations which have big modals to dominate than nowadays conditions.

JAKARTA – Secretary of Environment, Singapore, Vivian Balakrishnan, deforestation in Asian countries happened for commercial problems. For example, the flame to get short term benefits.

JAKARTA – Indonesian Embassy in Belgium felt sorry for the black campaigns about Indonesian palm oil products.