Tag: Malaysia

Lower palm oil stocks seen supporting Malaysian prices

Lower palm oil stocks seen supporting Malaysian prices

May 13, 2019 |

In Malaysia, the Star newspaper reports that after reaching record low levels earlier this year, palm oil should start to recover on the back of falling stocks thanks to lower production and higher exports, with more demand seen in the short term thanks to Ramadan. April stocks fell 6.6% to 2.72 million metric tons compared […]

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Malaysia sets up $1.2 million “just in case” insurance fund for vehicles damaged by B10

Malaysia sets up $1.2 million “just in case” insurance fund for vehicles damaged by B10

April 30, 2019 |

In Malaysia, local press reports that in an effort to help increase confidence amongst the driving public that B10 won’t damage vehicles, the government will set up a $1.2 million insurance fund that will pay for repairs to vehicles that are proven to have been damaged by the higher biodiesel blend. B10 was already launched […]

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Malaysia gearing up for WTO fight over palm oil while also boosting its sustainability

Malaysia gearing up for WTO fight over palm oil while also boosting its sustainability

April 25, 2019 |

In Malaysia, local press reports that the country’s primary industries minister doesn’t see the European Union budging on its stance against palm oil for biofuel so in turn is taking a two-pronged approach to the challenge: on one hand preparing to move forward with a formal WTO complaint and on the other hand working with […]

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Malaysia looking at opportunities for palm oil in aviation biofuel

Malaysia looking at opportunities for palm oil in aviation biofuel

April 18, 2019 |

In Malaysia, the palm oil board believes that palm oil could be a good feedstock for aviation biofuels and trials are currently going on with an unidentified American company in Chicago to test the possibility. The country’s palm oil industry is suffering from oversupply and is looking at ways to use the fuel while improving […]

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Malaysian March palm oil stocks rise against February but biodiesel soars 126%

Malaysian March palm oil stocks rise against February but biodiesel soars 126%

April 11, 2019 |

In Malaysia, the Bernama news agency reports that palm oil production continued to rise in March to 1.67 million metric tons, up more than 8% from February, increasing the stocks of processed palm oil to 1.23 million tons but crude palm oil stocks fell more than 12% to 1.69 million tons. Exports nearly matched production […]

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Air Liquide looks to develop methanol plant for Sarawak Petchem

Air Liquide looks to develop methanol plant for Sarawak Petchem

April 4, 2019 |

In Malaysia, Air Liquide Engineering & Construction entered into a partnership with Samsung Engineering, for the Front-End Engineering and Design (FEED) study of a methanol production plant for Sarawak Petchem, a state-owned oil and gas firm established and owned by the State Government of Sarawak, Malaysia. This FEED is a key step that will help […]

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Palm oil-based biodiesel exports to China and EU soar in Q1

Palm oil-based biodiesel exports to China and EU soar in Q1

April 3, 2019 |

In Malaysia, Bloomberg reports that biodiesel exports to China and the EU from both Malaysia and China have soared during the first quarter of 2019, perhaps as much as 30% to 145,000 metric tons. At least another five cargos totaling as much as 250,000 tons have been booked for China for delivery between March and […]

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Malaysia threatening fighter jet purchases on back of EU palm oil ban

Malaysia threatening fighter jet purchases on back of EU palm oil ban

March 25, 2019 |

In Malaysia, as the country looks to pull out all the stops to keep the European Union from blocking the use of palm oil for biodiesel due to alleged high indirect land use risk, it is now looking to hit Europe where it hurts—with fighter jets. Not the use of them, but the purchase of […]

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Malaysia wants EU to suspend anit-palm oil policy until its scientific voracity can be proven

Malaysia wants EU to suspend anit-palm oil policy until its scientific voracity can be proven

March 19, 2019 |

In Malaysia, the Bernama news agency reports that the country’s palm oil council says the European Union’s sustainability criteria for biofuels banning the oil’s use due to allegedly high indirect land use change impacts should be suspended until the ILUC rule can be proven to be scientifically-based and non-discriminatory. In response to the EU’s rule […]

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Malaysia joins Indonesia with WTO threats to the EU over palm oil

Malaysia joins Indonesia with WTO threats to the EU over palm oil

March 17, 2019 |

In Malaysia, over the weekend, the government threatened to challenge the European Union via the World Trade Organization if the EU continues to phase out palm oil from transportation fuel. Malaysia’s foreign ministry responded to the EU’s plan to phase out palm oil that was published on Wednesday as a “calculated political act” aimed at […]

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