Market News

03.10.10

BRAZIL SOY CROP TO EXCEED LAST YEAR BY 18%

Conab estimated this week that Brazil’s 2009-10 soy crop would reach 67.5 millio...

03.10.10

ARGENTINA SOY EXPORTS STAY FLAT DESPITE LOWER OUTPUT

Argentina's soy exports during the first 11 months of 2009 were in line with the...

03.10.10

SHELL: 40% OF VEHICLES TO BE ELECTRIC BY 2050

Shell CEO stated this week that by 2050 40% of all vehicles in the world will be...

03.10.10

CPO FUTURES CONTRACT TO BEGIN TRADING ON CME GLOBEX

A dollar-denominated, cash-settled crude palm oil futures contract will begin tr...

03.03.10

EU WILL ADOPT 30% EMISSIONS TARGET BY 2020

Netherlands environment minister Jacqueline Cramer said the EU will “definitely”...

03.03.10

VITOL OWNS 25% OF OIL PRODUCTS STORED ON SHIPS

Vitol owns almost 25%, 20 million barrels of a total 79 million barrels, of refi...

03.03.10

OIL RISES WEDNESDAY ABOVE $80 A BARREL

NYMEX crude oil rose 1.3% to $80.69 a barrel Wednesday after a US government rep...

02.24.10

PALM OIL FUTURES FALL ON LOWER DEMAND

Palm oil futures fell for the first time in three days on concern demand may wan...

02.24.10

ASTRA AGRO LESTARI PROFIT DECLINES 36%

PT Astra Agro Lestari’s profit declined for the first time in three years as a f...

02.24.10

INDONESIA TO HOLD CPO EXPORT TAX AT 3% IN MARCH

Indonesia will maintain its export tax on crude palm oil at 3% in March. The...

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Bionor Looks To Jatropha in the Philippines

12.03.07

Global feedstock firm Bionor Transformacion S.A. is planning to invest $200 million in the Philippines to develop 100,000 hectares of land into jatropha plantations. The jatropha will be used as feedstock for biofuel facilities in the country.

Bionor currently operates two biodiesel plants in Spain and Italy with a combined output of 125,000 mt. The company says it is constructing an additional five plants in Spain and Brazil, which will add 900,000 mt of capacity in 2008.



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