Tag: Palm oil

Posco International buys Indonesian palm oil company for biofuels for $818M

Posco International buys Indonesian palm oil company for biofuels for $818M

November 20, 2025 |

In South Korea, POSCO INTERNATIONAL has completed a full value chain in its palm oil business—from palm seed development to producing palm oil for biofuel feedstock—by acquiring Sampoerna Agro, one of Indonesia’s leading palm companies, and inaugurating a new palm oil refinery in the country on the same day. On November 19, POSCO INTERNATIONAL acquired […]

Read More

Indonesia’s Jan-Sept 2025 palm oil consumption up 10% on year

Indonesia’s Jan-Sept 2025 palm oil consumption up 10% on year

October 22, 2025 |

In Indonesia, Reuters reports the country’s biodiesel consumption reached 10.57 billion liters between January and September 2025, nearly 10% more than the year prior thanks to the country’s increase to 40% blending from 35% previously as it seeks to increase its energy independence and reduce fossil fuel imports. A total of 15.6 billion liters have […]

Read More

APOA, CPOPC to build stable palm oil supply chain

APOA, CPOPC to build stable palm oil supply chain

September 28, 2025 |

In India, Deccan Chronicle reported that APOA, the CPOPC and Solidaridad  announced a tripartite Memorandum of Understanding (MOU) to deepen producer and consumer collaboration and accelerate sustainability across the palm oil value chain.  Signed in Mumbai, the MoU creates a formal platform to harmonize approaches, address market volatility and strengthen inclusion of smallholders, with a […]

Read More

Indonesia to export palm oil to the EU with no tariffs with new trade deal

Indonesia to export palm oil to the EU with no tariffs with new trade deal

September 28, 2025 |

In Indonesia, DW reported that the European Union and Indonesia opened a new chapter in trade, with the Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA) being signed in Bali. The report noted that palm oil exports have proven to be the most contentious issue during the talks. EU officials point out that producing palm oil is […]

Read More

Malaysia on the right track to be classified as low-risk country, minister says

Malaysia on the right track to be classified as low-risk country, minister says

September 14, 2025 |

In Ukraine, UkrAgroConsult reported that Malaysia’s Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani said that the country is on the right track to be classified as a low-risk country in palm oil production, particularly with its mandatory Malaysian Sustainable Palm Oil (MSPO) certification. He said the government is currently collating the latest facts […]

Read More

Indonesia increases palm oil exports by 69% in July

Indonesia increases palm oil exports by 69% in July

September 14, 2025 |

In Ukraine, UkrAgroConsult reported that In July, Indonesia exported 2.99 million tons of palm oil, up 69% from last year (1.77 million tons), but slightly below June (3.04 million tons), according to analysts at Oil World. The country’s main exports were to India – 655 thousand tons, of which 621 thousand tons were crude palm […]

Read More

Malaysian palm oil yields at risk as Ganoderma appears in earlier planting cycles

Malaysian palm oil yields at risk as Ganoderma appears in earlier planting cycles

September 7, 2025 |

In Malaysia, Reuters reported that a fungal disease once confined to older palm trees in coastal areas is spreading across Malaysian palm plantations and appearing much earlier in growth cycles, threatening yields in newly replanted areas. Ganoderma, the fungus, is emerging in second-generation plantings, whereas previously it was only evident after three planting cycles, said […]

Read More

Indonesia pushes for South-South cooperation on palm oil sustainability standards

Indonesia pushes for South-South cooperation on palm oil sustainability standards

September 7, 2025 |

In Indonesia, Euroactiv reported that Indonesian Deputy Foreign Minister Arif Havas Oegroseno recently announced a new push to develop palm oil standards through Global South cooperation organizations – specifically the BRICS (Brazil, Russia, India, China, South Africa and others), CPAPC (the Council of Palm Oil Producing Countries) and the UN’s Food and Agriculture Organization (FAO). […]

Read More

POFON says Nigeria needs to increase palm oil plantations

POFON says Nigeria needs to increase palm oil plantations

August 31, 2025 |

In Nigeria, Daily Trust reported that the Plantation Owners Forum of Nigeria (POFON) said the country needed to increase palm oil plantations. “Nigeria is the highest producer of palm oil in Africa and fifth in the world. It needs to increase its hectares to about 500,000 hectares to meet the local needs and also become […]

Read More

Malaysia seeks tax exemption for palm oil raw materials

Malaysia seeks tax exemption for palm oil raw materials

August 31, 2025 |

In Azerbaijan, News.az reported that Malaysia’s commodities ministry is pushing to exempt crude palm kernel oil and palm kernel olein oil from the country’s sales and services tax (SST). The SST was expanded in July to cover the palm oil and oleochemical sectors, currently imposing a 5% levy on these raw materials, according to the […]

Read More