Tag: Felda Global Ventures

Felda Global Ventures says new B7 policies will curb CPO dumping

Felda Global Ventures says new B7 policies will curb CPO dumping

June 6, 2016 |

In Malaysia, Felda Global Ventures says the new B7 policy implemented June 1 will help the country stop dumping crude palm oil on the market and will bring stability to prices. As a result of the policy, the company expects domestic demand to increase by 40%. Low oil prices have weighed heavily upon the country’s […]

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FGVH targeted by NGOs with claims of modern slavery

FGVH targeted by NGOs with claims of modern slavery

September 23, 2015 |

In Malaysia, Felda Global Ventures is being targeted by NGOs making accusations of modern slavery against the company and its palm oil production. They are allegedly seeking out buyers of FGVH’s palm oil and trying to dissuade them from supplying from the company. FGVH has denied recent reports in the Wall Street Journal accusing the […]

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FGV to triple biodiesel production by 2016

FGV to triple biodiesel production by 2016

December 9, 2014 |

In Malaysia, Felda Global Ventures announced it intends to more than triple its biodiesel production to 350,000 metric tons by 2016 by investing $47.5 million in expanding capacity at its Kuantan biodiesel plant. The plans were announced at an event showcasing its B30 trial on commercial transport vehicles. The company plans to show the way […]

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FGV ships third cargo of ISCC certified palm oil biodiesel to Europe

FGV ships third cargo of ISCC certified palm oil biodiesel to Europe

March 13, 2014 |

In Malaysia, Felda Global Ventures has shipped its third cargo of ISCC certified palm oil-based biodiesel to Europe, with 6,000 metric tons headed to the Spanish port of Huelva. Other shipments had been to Rotterdam and another European port. The company has also delivered 48 tons to the Kuantan Fuel Terminal where the fuel will […]

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Felda exports first ISCC certified shipment of biodiesel to Europe

Felda exports first ISCC certified shipment of biodiesel to Europe

November 11, 2013 |

In Malaysia, Felda Global Ventures has sent its first ever biodiesel shipment to Europe, with 4,200 metric tons of ISCC certified palm oil biodiesel heading to Switzerland, via Rotterdam. The company is also looking to supply US and Chinese markets now that it has surpassed the sustainability and quality standards set by the EU.

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