Search Results for 'Oil palm'

Malaysia helping to create smallholder oil palm cooperatives to organize production

Malaysia helping to create smallholder oil palm cooperatives to organize production

November 13, 2019 |

In Malaysia, the Malay Mail newspaper reports that the government plans to help smallholder oil palm farmers set up cooperatives in an effort to improve production planning and in turn increase efficiency in the sector. Ten cooperatives have already been set up with seed funding from the national palm oil board but it’s too soon […]

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Indonesia’s president tells oil palm farmers to diversify towards higher value crops

Indonesia’s president tells oil palm farmers to diversify towards higher value crops

April 9, 2019 |

In Indonesia, the Jakarta Post newspaper reports that the president has told oil palm farmers to look at alternative crops such as durian due to the fruit’s better prospects in the market compared to palm oil. Currently the country produces around 46 million metric tons of palm oil annually, making Indonesia the largest producer in […]

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Green Earth Institute aims to produce green chemicals from oil palm waste in Malaysia

Green Earth Institute aims to produce green chemicals from oil palm waste in Malaysia

February 19, 2019 |

In Japan, Green Earth Institute plans to start producing high value chemicals— alanine and valine—from oil palm waste using its technology in a Malaysian trial by 2022 with hopes of partnering with companies such as Sime Darby. Empty fruit bunches will be used but also palm trunks. GEI, started in 2011 with funds from the […]

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Small Malaysian oil palm farmers ask EU to reconsider ban

Small Malaysian oil palm farmers ask EU to reconsider ban

January 9, 2019 |

In Malaysia, Bernama news agency reports that the trade association representing small oil palm farmers is calling on the European Union to reconsider its ban on using palm oil in biodiesel from 2030 saying the ban is invalid and unjustified because of the efforts put into ensuring the sustainability of palm oil. It says the […]

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Malaysia teams with FGV to get smallholder oil palm farmers certified sustainable

Malaysia teams with FGV to get smallholder oil palm farmers certified sustainable

September 4, 2018 |

In Malaysia, the primary industries ministry will team with FGV to help small holder farmers achieve the national sustainable palm oil certification. At the moment, only 20% of palm oil production achieves the national certification but the government’s target is for 100% by the end of 2019. To achieve this goal, the government will loop […]

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Small Indonesian oil palm farmers union sues government for misuse of subsidies

Small Indonesian oil palm farmers union sues government for misuse of subsidies

April 25, 2018 |

In Indonesia, small oil palm farmers have had enough of the subsidy for oil majors to blend biodiesel with no knock on effects for them, so as a result the main oil palm farmers union SPKS said it is going to sue the government for failing to invest part of the more than $1 billion […]

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Profits up 34% for world’s largest oil palm planter

Profits up 34% for world’s largest oil palm planter

February 25, 2018 |

In Malaysia, Sime Darby Plantation, the world’s largest oil palm planter by land holdings, reported that its second-quarter net profit increased 34% compared to a year ago, thanks in part to higher earnings from Upstream Malaysia and reduced finance costs as a result of lower borrowings. They also reported a profit before tax increase of […]

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Indonesian starting oil palm replanting program in Sumatra

Indonesian starting oil palm replanting program in Sumatra

November 28, 2017 |

In Indonesia, the government has begun the first phase of a replanting program the remove old, unproductive oil palm trees that are more than 25 years old in order to boost production. A total of 350,000 hectares in Sumatra need to be renewed, so the program will tackle the first 9,109.29 hectares in 12 districts. […]

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Malaysian oil palm producer offers $175.1 million for 11,600ha in Sabah

Malaysian oil palm producer offers $175.1 million for 11,600ha in Sabah

August 22, 2017 |

In Malaysia, oil palm producer Boustead Plantations has made an offer to buy 11,600 ha in Sabah for $175.1 million from Pertama Land & Development that has been accepted. The company’s Q2 results improved thanks to higher fresh fruit bunch production as well as improved palm oil prices but it expects prices to fall back […]

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Puerto Rican researchers find Latin American oil palm expansion mostly on pastureland

Puerto Rican researchers find Latin American oil palm expansion mostly on pastureland

May 15, 2017 |

In Puerto Rico, researchers from the University of Puerto Rico at Río Piedras say in a new study that most palm oil plantations under development in Latin America are on former pasturelands. The study looked at NASA satellite images for 10 Latina American countries. The region’s palm oil acreage under production has doubled since 2001. […]

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