C16 Biosciences is hoping to tap into the $88 billion global palm oil industry with its sustainable, lab-grown alternative, by first concentrating on replacing the use of palm oil in the skincare and cosmetic sector. Green startup C16 Biosciences has developed a lab-grown alternative to palm oil. Palm oil an industry that is estimated to…
Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lumpur an edge over Jakarta, trade officials said. The rise in refined palm oil shipments will help refiners in Malaysia and…
Monday, 24 June 2019 | The Jakarta Post The European parliamentary elections last month resulted in a significant and challenging outcome, especially for the palm oil industry. Both the Greens (Greens European Free Alliance) and the far-right nationalists gained additional seats, while the center-right and centerleft lost their majority. The main agenda item for the…
Monday, 3 June 2019 | The Jakarta Post Indonesia and the European Union need to further promote cooperation over sustainable palm oil to help ease the tension between Jakarta and Brussels over the latter”s move to phase out the use of crude palm oil in biofuel by 2030, an EU representative has said. “Indonesia wants…
Wednesday, 29 May 2019 | www.thesundaily.my Poland is against the European Union’s (EU) proposed plan to ban the use of palm oil as a component of biofuels, and stressed that the republic does not intend to reduce the demand for Malaysian palm oil. Polish Ambassador to Malaysia Professor Krzysztof Debnicki said that Poland – one…
Monday, 27 May 2019 | The Jakarta Post Coordinating Economic Minister Darmin Nasution has welcomed the adoption of Japanese technology that can convert liquid palm oil waste, known as palm oil mill effluent (POME), into valuable products such docosahexaenoic acid (DHA), an omega–3 fatty acid, and animal feed. The Novel Algae–DHA Technology was developed by…
Thursday, 9 May 2019 | en.netralnews.com The development of 100% (B100) Biodiesel from Crude Palm Oil (CPO) is a strategic step for the Government to reduce dependence on the use of fossil fuels by encouraging the use of biofuels, which in turn can reduce dependence on imports of fuel oil (BBM). Public doubts about the…
Monday, 6 May 2019 | eco-business.com Stating that the EU labelling biofuel from palm oil as unsustainable is ‘unfair and discriminative’, a Malaysian minister has called Association of Southeast Asian Nations (ASEAN) members to defend the region’s palm oil industry. The Malaysian government has called on its neighbours to help defend the palm oil industry…
Monday, 6 May 2019 | The Jakarta Post THE JAKARTA POST/JAKARTA Stakeholders comprising private and state institutions will kick off a maiden road test for vehicles using diesel fuel containing 30 percent palm oil-based biofuel, known as B30 biofuel, at the end of this month. The road test, which will involve carmakers such as Nissan,…
Monday, 6 May 2019 | bloomberg.com Franky Widjaja, head of one of the world’s biggest palm plantation companies, warned that the European Union’s plans to restrict use of the tropical oil in biofuel will misfire as the move will hurt growers and jeopardize future supplies of the vegetable oil. The world needs palm oil as…
Tuesday, 23 April 2019 | www.en.netralnews.com The European Union policy to ban ban the use of palm oil as a raw material for biofuels is considered potentially threatening the survival of 16 million workers in the oil palm sector in Indonesia. The Executive Secretary of the Indonesian Palm Oil Workers Union (JAPBUSI) Network Nursanna Marpaung…
Monday, 18 March 2019 | thestar.com.my DEFORESTATION, loss of bio-diversity, emission of greenhouse gases and global climate change have become the buzz words used by NGOs and other influential parties with self-interest to convince consumers to abandon the use of palm oil and turn instead to alternative vegetable oils such as sunflower, soybean and rapeseed, and…
Jumat, 12 April 2019| Jakarta Post The European Union would be well advised to review its energy policy that classifies biofuels from palm oil as unsustainable, as this could be counterproductive to the global fight against climate change and endanger Indonesia-EU relations. We support and appreciate the EU’s concerns over the risks of climate change…
Kamis, 11 April 2019 | The Jakarta Post We call on ASEAN leaders to form a united front as a regional grouping to demonstrate full support to President Joko “Jokowi” Widodo and Malaysian Prime Minister Mahathir Mohamad, who have signed and sent a joint letter toeofficiallyeprotest the European Union’s plan to remove palm oil from…
Tuesday, 9 April 2019 | thejakartapost.com Indonesian President Joko “Jokowi” Widodo and Malaysian Prime Minister Mahathir Mohamad have objected to the European Union’s plan to reduce the use of palm oil in biofuel to zero by sending an official joint letter to the bloc. “Yesterday [Sunday], the President signed the letter containing our objections to the…
Monday, 8 April 2019 | nst.com.m KUALA LUMPUR: Malaysia and Indonesia stand united in fighting the discriminatory delegated regulation supplementing Directive 2018/2001 of the European Union Renewable Energy Directive II. In a recent statement, Primary Industries Ministry said the Council of Palm Oil Producing Countries (CPOPC) was now in Brussels to register the two major…
Monday, 18 March 2019 | thejakartapost.com Amid tough global market challenges, the country’s palm oil producers have to start expanding in the domestic market in order to boost absorption and stay afloat. Palm oil producer PT Astra Agro Lestari (AALI), part of diversified conglomerate Astra International, is no exception. Astra Agro Lestari president director Santosa said…
Tuesday, 19 March 2019 | en.antaranews.com Jakarta (ANTARA) – The Trade Ministry simplified exports of palm oil and derivative products by revoking Trade Ministerial Regulation No. 54 of 2015 on Verification/Technical Tracking of Palm Oil, Crude Palm Oil (CPO), and Derivative Products’ Exports. “In addition to increasing effectiveness, the revocation of Trade Ministerial Decree also aims…
Tuesday, 19 March 2019 | The Jakarta Post Indonesia’s rapid jump in palm oil production in the past year has caused a glut in the commodity’s global supply. Following market principles, prices tumbled under the intense market pressure, leaving millions of people whose lives depend on palm oil production, processing and distribution to suffer the…
Monday, 18 March 2019 | nst.com.my The oil palm industry has played an important role in the economy. The planted area expanded from 55,000ha in 1960 to 5.849 million hectares last year. In tandem with the area expansion, the production of palm oil also grew from less than 100,000 tonnes in 1960 to 19.516 million tonnes…
