Tags : Palm Oil

Asia

Palm Oil Producing Countries to Increase Biodiesel Use

BANGKOK, July 1 (TNA) – Thailand, Malaysia and Indonesia support the use of biodiesel to absorb palm supply, targeting to use B10-30 by next year. Biodiesel Producer Associations of three countries met at the 2nd Palm Biodiesel Conference, held in Bangkok from July 1-2 to create the network, promoting innovation and the use of biodiesel. […]Read More

Asia

Indonesia Imposes 3-Year Ban on New Palm Oil Plantations

The Indonesian government imposed a three-year moratorium on new palm oil plantations, an official said Friday, amid charges by environmentalists that companies supplying some of the world’s biggest brands are responsible for forest destruction. President Joko “Jokowi” Widodo on Wednesday issued an executive order establishing the moratorium and calling for a review of existing plantation […]Read More

News

EU resolution on palm oil not affecting Thailand

BANGKOK, 3rd May 2017 (NNT) – Prime Minister Gen Prayut Chan-o-cha has instructed the Ministry of Commerce to study the pros and cons of joining the federation of palm oil producing nations set up by Malaysia and Indonesia. According to the Ministry of Commerce, Gen Prayut was invited by Malaysian and Indonesian leaders to join […]Read More

Asia

Indonesia rejects palm oil production permits

Indonesia has rejected palm oil operation applications from scores of companies, a government official said on Wednesday, as it cracks down on an industry whose growth has caused toxic forest fires and major deforestation of the natural environment. “We want to save our forests — development should continue but we can’t let it destroy our […]Read More

News

PTT sells off palm oil business in Indonesia

BANGKOK, 9 July 2015 (NNT) – National oil conglomerate PTT has sold off its palm oil business in Indonesia for 224.4 million baht. The PTT has sold its investment in Indonesia’s PT Az Zhara as part of its plan to divest non-core operations. Read more: NNTRead More

North

Palm oil factory blaze causes over Bt100 million in damage

SAMUT SAKHON, Dec 2 – Samut Sakhorn’s industrial office will declare the area surrounding a palm oil factory that burned earlier today as a danger zone, while the estimated damage in the blaze amounts to Bt100 million. It took firefighters and emergency workers more than three hours to control the fire, which raged at the […]Read More

News

Government price controls and hoarding impact Thailand food shortages

THAILAND: Thailand faces shortages of staples as the global cost of food skyrockets; the country faces shortages of cooking oil and sugar due to government price controls and hoarding. The United Nations Food and Agriculture Organization says the global cost of food in February reached the highest level it has ever recorded. Panic buying has […]Read More