I had made money trading in Ashanti for palm-oil
The Bio-CNG plant, sited at FELDA Sg Tengi palm-oil
mill in Selangor, is the first commercial Bio-CNG plant project based on palm oil mill effluent in the world implemented by a partnership between the Malaysian Palm Oil Board, Felda Palm Industries Sdn Bhd and Sime Darby Offshore Engineering Sdn Bhd.
Lubrizol has engaged all current suppliers of palm-oil
derivatives and has determined that each is compliant with one of the RSPO supply chain models.
We've also challenged our palm-oil
suppliers to provide transparency on the levels of traceability in their palm oil supply chains .
In the palm-oil
sector, the patronage system serves as an essential structure involving around the production, marketing and distribution, while connecting significant actors together to facilitate their businesses through legitimate mechanisms such as palm-oil
The EPA earlier said that its carbon accounting for palm-oil biofuel was based partly on the "incremental expansion" of oil palm plantations in Indonesia and Malaysia, which account for up to 90 percent of the world's palm-oil supply, producing a projected 1.
Sustainable palm-oil production has become a key concern over recent years in Indonesia, the world's largest palm-oil producer, primarily due to massive expansions in oil palm plantations that have resulted in extensive deforestation.
The species lost their forests to palm oil plantations and as they are deprived of their natural source of food, they are forced to eat young palm plants, raising conflict with palm-oil
But a lack of domestic demand amid rising palm oil prices has meant that five out of the nine firms in the Indonesian palm-oil
based biofuel sector have been using less than 10 percent of capacity or have stopped operations, the association said recently.
By some industry estimates, Indonesian and Malaysian palm-oil exporters took in about $20 billion in 2007 from global sales.
To improve palm oil's tarnished image, the Malaysia-based Roundtable on Sustainable Palm Oil (RSPO) - as the industry consortium is known - plans to introduce a system soon to certify palm-oil operations that meet strict environmental criteria.
Also, many consumers have written to manufacturers of palm-oil
products, urging them to buy oil only from environmentally friendly plantations.
Unsustainable logging and palm oil plantations are heavily impacting the habitat of the endangered orangutan and many other species, and there is now a wide appeal to palm-oil
importing countries to take more responsibility for their consumption through demanding stricter controls.
5% of gross domestic product, according to Fedepalma, a trade association for the Colombian palm-oil
giant Sime Darby said that it had made an offer to acquire Papua New Guinea's UK-listed New Britain Palm Oil (NBPOL) in a $1.