Genes sequenced for three oil palm species; improvements in yield, disease resistance mooted

In Malaysia, Orion Genomics and the Malaysian Palm Oil Board announced the comprehensive genetic sequence of three different varieties of oil palm. This genome sequencing of E. oleifera and E. guineensis includes the pisifera and dura palms, typically used as the paternal and maternal line for oil palms, respectively. In commercial seed production, the pisifera [...]

November 10, 2009 | Jim Lane | Comments 0

Algae conference organized for Malaysia

In Malaysia, the Ministry of Science, Technology and Innovations of Malaysia and Algaetech Group of Companies are organizing The Algae Asia Summit 2009 “Algae for Energy”, Malaysia. The Algae Asia 2009 is organized to explore the dynamics of the rapidly evolving algae industry in Asia, and showcase the region’s most successful Algae business models, as well [...]

October 21, 2009 | Jim Lane | Comments 0

Malaysian tribe arms with blowpipes to forestall palm oil plantation

In Malaysia, indigenous tribes in the state of Sarawak, on the island of Borneo, have armed themselves with blowpipes and are blockading local roads in an attempt to forestall rainforest destruction and land conversion to palm oil plantations.
The protesters are nomadic hunter-gatherers of the Penan tribe, who have lived in the area for centuries and [...]

August 31, 2009 | Jim Lane | Comments 0

Malaysia, Indonesia pledge cooperation to reduce palm oil supply, stabilize prices

Malaysia and Indonesia announced that they would cooperate to stabilize prices for palm oil, which have plummeted since the summer. The two countries control 85 percent of global palm oil production. The countries said they will take steps to manage palm oil stocks and reduce supply by accelerating replanting of older oil palm trees. The [...]

February 27, 2009 | Jim Lane | Comments 0

Renewable Fuel Corp opens offices in Malaysia, seeks off-take contracts for rising US demand

In Malaysia, Renewable Fuel Corp said that it has opened corporate offices in Kuala Lumpur to develop off-take contracts from Malaysian producers to fulfill fast-growing sales demand. “We are in the best possible locations with Malaysia, a key center of commerce in Southeast Asia and its most pro-business approach, combined with United States for distribution, [...]

February 18, 2009 | Jim Lane | Comments 0

Malaysian crude palm oil prices fall back to $500 mark; government to accelerate domestic biodiesel

In Malaysia, crude palm oil prices fell back again to the $500 mark, after recording gains in recent weeks. The Malaysian government pledged to increase CPO demand by moving forward with implementation of the 2007 Biofuels Industry Act and other biodiesel support activities. The national government is set to introduce B5 biodiesel in government vehicles [...]

January 22, 2009 | Jim Lane | Comments 0

Malaysian analysts say crude palm oil prices to stay in $440-$500 per tonne price range in 2009

In Malaysia, research analysts said that they expect the country to carry a palm oil inventory of 540 million gallons, as crude palm oil production remains high and demand remains sort. The analysts said that the large inventories are likely to prevent major price recovery for palm oil, which has dropped more than 70 percent [...]

January 05, 2009 | Jim Lane | Comments 0

Palm oil futures rise 4.5 percent on petroleum oil supply concerns

In Malaysia, palm oil futures began the year with a sudden rise of more than $40 per barrel as concerns rose that increased unrest in the Middle East may interrupt fuel supply. Crude oil has risen to $40 per barrel in recent days, up more than two percent, but palm oil rose more than four [...]

January 02, 2009 | Jim Lane | Comments 0

The Top 10 Biofuels Stories of the Year: #6, Commodity prices

Palm, corn, wheat, ethanol, oil, and soybeans went on their biggest Coney Island rollercoaster ride ever this year, with corn rising as high last summer as $7.85 in the futures markets before falling to $3.50 late in the year. Oil famously climbed into the $130s before falling to $38 by year end.
Palm went as high [...]

December 31, 2008 | Jim Lane | Comments 0

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