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News 27201 to News 27210 of about 28090 news within page 2721
27201. 02/10/2002
27 Sept.2002 (Business Times) - A CONSORTIUM of Malaysian plantationcompanies is mulling construction of storage tanks for palm oil in severalAfrican states to tap the RM1 billion-a- year market.
27202. 01/10/2002
SRI KEMBANGAN, Sept 27 (NSTP) - Prime Minister Datuk Seri Dr MahathirMohamad is scheduled to make an official visit to New Delhi on Oct 16 and17 to further boost bilateral ties.
27203. 01/10/2002
TANAH MERAH, Sept 24 (NSTP) - Settlers who engage the service of Felda toreplant the old oil palm trees at their holdings stand to get betterreturns.Felda general manager (Kelantan region) Rosla Ali said the seedlingssupplied to them could boost production to up to 45 tonnes for everyhectare.
27204. 30/09/2002
09/25/2002 (Financial Times) - Diesel has a bum rap in this part of theworld. Unlike in Europe where motorists have long discovered the benefitsof diesel-powered vehicles, Filipinos usually equate the word with thechoking fumes of jeepneys, trucks and Asian utility vehicles clogging theroads.One local company is aiming to change all that and more: Senbel FineChemical Co. Inc., an oleochemical firm located in Lucena City, ispreaching the benefits of its biodiesel product, not only as analternative fuel but also as a means of reviving the country's coconutindustry and boosting energy security.Senbel president Jose Ermelo S. Santos, in a recent talk, said hiscompany's efforts are in line with efforts of the government's NationalClean Diesel Task Force, which aims to promote an alternative market forcoconut oil derivatives and establish acceptance of clean diesel fuel.He explained that biodiesel, or vegetable derived esters, is actually thesame ingredient as that used in making soap. It, however, can be used innormal diesel engines, as a blend or a total substitute, without the needfor costly engine modification.Among others, it is a renewable form of energy, reduces harmful emissions,engine-friendly, safe to store due to a higher flashpoint, biodegra-dableand non-toxic.Coconut oil VDE, in particular, has advantages over biodiesel sourced fromrapeseed, soybean or sunflower oil, which is already used in Europe andother parts of the world. In particular, coconut-based biodiesel has ahigher cetane (octane for gasoline) rating of 70, better than other VDEsand even that of petroleum diesel which has a high of 55.Stricter curbs on the sulfur content of petroleum diesel also means lowerlubricity, putting biodiesel's lubricating properties to the fore forvehicle owners concerned with engine wear and tear.This puts the Philippines in an ideal position to benefit from thisalternative fuel, Mr. Santos claimed.While the government is exploring other alternative fuel options such ascompressed natural gas (CNG) and liquefied petroluem gas (LPG), one majordrawback is the costs required to build CNG/LPG refilling stations andconverting vehicles, he said.Cost, however, is also biodiesel's caveat. At three to five times moreexpensive than petroleum diesel, this would mean astronomical per literprices. Costs could be reduced if the government provides some incentives,but Mr. Santos is banking on diesel blends instead of pure biodiesel topromote Senbel's product.In terms of lubricity, for example, very little additional benefit isgained if one moves to 100% biodiesel from a 20% blend, he said.Senbel is currently marketing two products: Estrol 2T to meet the oilrequirements of two-stroke gas engines such as motorcycles, and EstrolBiodiesel which a diesel vehicle owner can purchase to blend with everytank.Mr. Santos warns that initial use may mean frequent oil filter changes fora time as biodiesel's solvent properties will dissolve petrodieseldeposits clogging fuel lines, tanks and delivery systems.The company is currently exploring supply options with government agenciessuch as the Metro Manila Development Authority and has in fact convincedthe Lucena City government to endorse its products.
27205. 27/09/2002
PUTRAJAYA, Sept 24 (Bernama) -- Malaysia wants to carve a niche in thefield of agricultural biotechnology by capitalising on the richness of itsbio-diversity and making the field another platform for its economicgrowth.The move would make the country distinctive among countries which haveattained advancement in biotechnology undertakings, like Australia, Japan,China, Korea and India, Science, Technolgy and Environment Minister DatukSeri Law Hieng Ding said."Malaysia realises that the developed countries are technology-rich, whilewe are bio-resource-rich," he told Bernama in an interview recently.bio-resources and at the same time rank itself among countries advanced inbiotechnology, he said,At the moment, compared with other countries in the Asia-Pacific, Malaysiawas not doing "too badly", especially in agricultural biotechnology, hesaid.Malaysia, being the world leader in the production of several industrialcrops such as palm oil, rubber, cocoa, pepper and tropical timber, hadbuilt a strong agricultural base.Coupled with its rich biodiversity and investments in informationcommunication technology (ICT) infrastructure, it was in an advantageousposition to embark on biotechnology as the next platform for economicgrowth, he said.The government has recognised bioctechnology as one of the five keytechnologies which will help Malaysia become a developed nation and thenext platform for economic growth.To symbolise its commitment, the government has proposed the developmentof the Bio-Valley as a hub for biotechnology activities.The Bio-Valley, proposed under the Eighth Malaysia Plan and to be locatedwithin the Multimedia Super Corridor (MSC), will house biotechnologyresearch institutions, universities and specialised companies.The biotechnology industry worldwide is projected to generate more thanUS$400 billion in terms of value and 1.2 million places in terms ofemployment by 2010.Law said that although the strongest competitor for Malaysia in the Aseanregion in the biotechnology industry was Singapore, it had no intention tocompete with the island republic."While Singapore has decided to focus on biomedical sciences, Malaysia isfocusing on the sustainable utilisation for its mega bio-resources throughagricultural biotechnology," he said.He said that in the pursuit to develop its biotechnology industry,Malaysia welcomed strategic alliances and research partnerships with theinternational scientific community to undertake joint research anddevelopment and discovery of bioactive compounds from its vast and diversebio-resources.Law said the benefits derived from the commercialization of thediscoveries would be shared equitably between the partners."Much synergy can be gained by working in partnership, including sharingthe benefits of these endeavours," he said.To avoid bio-piracy and promote sustainable development, Law said, thegovernment was formulating a regulatory framework called Access andBenefit-Sharing Bill."This will provide a framework to access our bio-resources and at the sametime provide guidelines on how to share its benefits," he said.He said Malaysia was confident that the biotechnology industry would bewell developed by 2020."We are confident that with all the initiatives, full commitment andsupport, by year 2020, if Malaysia is not fully developed inbiotechnology, it will be quite well developed," he said.
27206. 27/09/2002
09/16/2002 (Financial Time) DAVAO CITY - The first village-level coconutoil processing mill run by agrarian reform beneficiaries in Mindanao,worth P2.9 million, was recently built by members of the Lawa WorkersMultipurpose Cooperative in Don Marcelino, Davao del Sur.The cooperative formed the Lawa integrated coconut processing plant withassistance from the United Nations Development Programme's Support forAgrarian Reform Development for Indigenous Community (UNDP-SARDIC), LandBank of the Philippines (Landbank), and Department of Agrarian Reform(DAR).The plant can process up to 10,000 nuts, or the equivalent of 2,250 kilosof copra, per sixteen hours, two-shift, operation into 1,140 kilos or1,239 liters of refined, bleached and deodorized cooking oil, the mainproduct, and 680 kilos of copra cake daily.The plant will also be engaged in the improvement of the cooperative'spresent operation of charcoal-making.This activity aims at increasing charcoal recovery and reduce exposure tocharcoal kiln smoke hazards, which is possible through the replacement ofthe current drum kiln with a new kiln dubbed Pag-asa.UNDP-SARDIC provided P1.2 million of the total project cost, LandbankP1.17 million and the beneficiaries P500,000.The cooperative, as part of the Lawa agrarian reform community, has 106agrarian reform beneficiaries, 95% of whom belongs to the B'Laan-Manobotribe.The cooperative has become the owner of a 330-hectare coconut farm underthe Comprehensive Agrarian Reform Program. The farm produces an average of3.9 million nuts per year.Before the processing plant, the cooperative used traditional dryingfacilities which were able to process about 998,000 tons of copra reapingan annual profit of roughly P632,000.With the availability of the processing plant, the economic benefits areexpected to be much higher.Jose Ponce, DAR assistant secretary for support services, said thepioneering venture could be replicated in other coconut producing areas."It all started with a desire of the Lawa cooperative members to addressthe problem of low farm incomes from their coconut products due to thevolatile and fluctuating prices of copra," Mr. Ponce said.He urged beneficiaries and all project stakeholders to make the projectsustainable, viable and profitable by keeping the cooperative strong.
27207. 26/09/2002
09/07/2002 (Financial Times - Asia Intelligence Wire) - The Government ofIndia proposes to lift restrictions on futures trading in crude palm oil.Now, the Government has banned futures trading in 81 commodities.The lifting of curbs on futures trading in crude palm oil enablesarbitrage between the 2 exchanges, thereby improving the scope forco-operation between the 2 exchanges. The Malaysian Derivatives Exchangehandles about 1,25,000 tonnes per day of the commodity (crude palm oil).India accounts for about 40-50 percent foreign participation in theMalaysian Derivatives Exchange. The prominence for crude palm oil willincrease, as the gap in the differential tariffs between crude palm oiland soybean oil is narrowed. The fixation of basic import price by Indiawill have a positive impact on crude palm oil price.
27208. 24/09/2002
KUALA LUMPUR, Sept 20 (Bernama) -- The government will continue torevitalise the agriculture sector as the third engine of growth todiversify the country's sources of growth, saysthe Treasury's 2002/2003Economic Report released Friday.It said the slower growth of the agriculture sector of 1.1 percent in 2002compared with 1.8 percent growth in 2001 was mainly due to contraction inthe production of crude palm oil (CPO) and fishing.
27209. 24/09/2002
PUTRAJAYA, Sept 23 (Bernama) -- Malaysia will become a major producer ofpulp and paper, as well as a major exporter of technology and expertise inthe pulping of the oil palm fibres, Minister of Primary Industries, DatukDr Seri Dr Lim Keng Yaik said."This will surely add to the income generated by the oil-palm industry andat the same time, reduce Malaysia's import on pulp and paper," he said inhis address at the official opening of the Pulp and Paper Seminar 2002here Monday.
27210. 24/09/2002
KOTA BARU, Sept 22 (NSTP): Three hundred and fifty-four settlers of FeldaKemahang 3 in Tanah Merah today filed a suit against Felda and two othersfor allegedly understating the quality of their oil palm fruits, causingthem to suffer losses since 1995.The writ of their summons was filed at the High Court registry by lawyersAsmadi Abu Bakar and Wan Rohimi Wan Daud.Also present were representatives of the settlers led by the chairman oftheir Jawatankuasa Tuntutan Suara Hati, Awang Soh Mamat.Felda has been named the first defendant, Felda Kemahang 3 manager IbrahimIsmail and Felda Palm Industries Sdn Bhd, the second and third defendantrespectively.In their writ, the plaintiffs said they were settlers of Felda Kemahang 3in Tanah Merah, which was opened in 1983.They claimed that they discovered a fraud and/or conspiracy in thetransactions of the palm oil fruits by the second defendant and/or thefirst defendant to the third defendant on their behalf in Sept 2001.The discovery, they said, was made by one of the plaintiffs who found aoriginal copy of the "Akuan Penerimaan Berat Timbang Sawit" issued by thethird defendant stating that the seller agreed that the Oil ExtractionRate (OER) was less than 18 per cent and the selling of the oil was basedon the agreement of both buyer-seller.The settlers said they never agreed to sell the fruits at below the 18 percent Oil Extraction Rate.They said the OER of less than 18 per cent is wrong, not accurate andagainst the grade issued by the Malaysian Oil Palm Board.The plaintiffs said the fraud and/or conspiracy had caused their OER to bedecreased by between two and three per cent for each tonne, causing themto lose between RM30 to RM50 for each tonne sold to the third defendant.
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