In Malaysia, due to increasing market demand and to fulfil the government B20 biodiesel mandate for the transport sector, FGV has expanded its bulking facility by adding six new vegetable oil storage tanks. Four of the tanks are located in Pasir Gudang, Johor with 10,400 metric tons capacity completed in August 2020 and two tanks […]
In Malaysia, FGV Holdings Berhad refers to the Withhold Release Order (WRO) issued by the United States Customs and Border Protection against palm oil and palm oil products made by FGV. FGV would like to emphasize that all issues raised have been the subject of public discourse since 2015 and FGV has taken several steps […]
In Malaysia, Bloomberg reports that the palm oil-gasoil spread is grown to its largest since 2011 at around $350 per metric ton but soared past $400 earlier this month, making the vegetable far too expensive for discretionary biodiesel blending and risking Malaysian and Indonesian attempts to boost their blending mandates. The countries are seeking to […]
In Malaysia, the Guardian newspaper reports that the palm oil industry is looking to use forced labor from prisons and drug rehabilitation centers to help bridge the industry’s acute labor supply gap. More than 80% of the industry work force comes from other Asian countries like India and Bangladesh but the COVID-19 pandemic has significantly […]
In Malaysia, the Malay Mail newspaper reports the plantation industry deputy minister says policies to support palm oil prices including its biodiesel enhancement program and opening new export markets have been successful. More than 85% of the country’s palm oil plantations have received certification under the national sustainability program so far, although the deadline was […]
In Malaysia, researchers at Universiti Putra Malaysian are using natural fibers made of pineapple leaves for drone frames. The pineapple leaf material has a higher strength to weight ratio compared to plastic and is cheaper than traditional drone frame materials. It also makes the drone partially biodegradable, in case it becomes lost to the user […]
In Malaysia, Reuters reports that the government’s restrictions on foreign labor in response to COVID-19 has exacerbated the tight labor situation for the palm oil industry which could cut yields by as much 25%. The national palm oil association says the industry was already in need of 36,000 workers before COVID-19 and the associated travel […]
In Malaysia, Sime Darby Plantation (SDP published its oil palm genome research that has paved the way for the company to produce significantly more oil palm yield on its existing land. The genome sequence that Sime Darby Plantation (SDP) is sharing is 80% more detailed than any findings that has been publicly available previously and […]
In Malaysia, Reuters reports the government will act as a third party in Indonesia’s existing complaint against the European Union for its trade practices against palm oil. Malaysia has been threatening such a complaint for well over a year while the European Union has remained confident that it would win should a complaint be brought […]
In Malaysia, Bernama news agency reports continued low crude oil prices remain a key pressure point for biodiesel blending mandates in both Malaysia and Indonesia who seek to increase energy security and support palm oil producers. Despite lower demand for fuel and biodiesel in particular, the founder and CEO of Sumwin Group said the pandemic […]
