Blogging Live from the 7th Global Oils & Fats Forum, USA: GOFF 7: Palm Oil Ideal for Addressing Demand Amid Shortage of Arable Land

Speaking at the 7th Annual Global Oils and Fats Forum, Mr Siegfried Falk, of Oil World, reported that the vegetable oil sector is entering into a new era for the industry, as constraints on arable land has reduced the ability for producers to meet ever escalating demand for oils/fats.

Driven largely by growing affluence and populations in the developing world, vegetable oil producers are for the first time unable to … Read More

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Blogging Live from the 7th Global Oils & Fats Forum, USA: GOFF 7: Avoided Deforestation

Following the recent announcement by the European Commission that it would delay consideration of an Indirect Land Use Change Factor in the Renewable Energy Directive until 2016, Tan Sri Dr Yusof Basiron highlighted palm oil’s ability to reduce deforestation globally through the displacement of less efficient oilseeds.

While participating in a forum on the future prospects of the global vegetable oil market, Dr Basiron brought to the attention a fact … Read More

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Blogging Live from the 7th Global Oils & Fats Forum, USA: Dr Basiron: Good Agriculture Practices

During the American Palm Oil Council’s 7th Global Oils and Fats Forum, Tan Sri Dr Yusof Basiron highlighted the efforts undertaken by the palm oil industry to ensure good agriculture practices and the industry’s sustainability.

For instance, the industry has successfully reduced the use of pesticides through the implementation of integrated pest management – for instance using barn owls to control rat populations. And the increased use of leguminous ground … Read More

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Former Bill Clinton Adviser Warns Over Australia Palm Oil Labelling Law

The ongoing debate in Australia over the imposition of mandatory labelling of palm oil in food and consumer goods products has elicited strong reaction from a number of global experts. Just this past week, Dr Robert Shapiro, a former adviser to U.S. President Bill Clinton, published an editorial criticizing the Australian legislation for the detrimental impact it would have on one of Malaysia’s most important industries.

Dr Shapiro commented, “The … Read More

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Europe Puts ILUC on Hold; New Research Boosts Palm Biodiesel Greenhouse Savings Rating

It appears that the European Commission will officially delay the introduction of an ILUC factor until 2016, according to a report by Reuters. Minutes from a meeting between Energy Commissioner Gunther Oettinger and Commissioner for Climate Change, Connie Hedegaard, quote the officials saying that, “scientific uncertainties still exist with regard to the exact level of such factors.”

This is good news for Malaysian palm oil producers and producers of other … Read More

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Conservation Equality – Demanding the same from Industrialized Nations as They Demand of Us

Amidst continuous claims from environmental NGOs over deforestation and the impact of agriculture expansion in the developing world, an organization has sought to bring some balance to the debate by suggesting forest conservation be equitable among all countries. The Coalition of Financially Challenged Countries with Lots of Trees (CoFCCLoT) recently issued a statement calling on G8 countries and the EU to commit to reforestation equal to the share of forests … Read More

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MPOC CEO Questions Validity of Mandatory Labelling of Palm Oil in Australia

PETALING JAYA, Malaysia – 19 April 2011 Dr Yusof Basiron, Chief Executive Officer of the Malaysian Palm Oil Council (MPOC), gave testimony yesterday in Canberra before the Australian Senate Committee on Community Affairs on the mandatory labelling of palm oil proposed under the Truth in Labelling  Palm Oil Bill of 2010.

Dr. Basiron’s testimony demonstrated the importance of palm oil to Malaysia’s economy and its commitment to sustainability and societal … Read More

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Growing Opposition to the Palm Oil Labelling Bill

A leading member of the Australian Federal Parliament and a Member of the Australian Labor Party Government has come out strongly opposing the effort to label palm oil and discriminate against Australia’s neighbors and leading producers of palm oil.

In an editorial by Federal Member for Isaacs, The Hon Mark Dreyfus QC, MP, Parliamentary Secretary for Climate Change and Energy Efficiency, called the legislation deeply flawed and puts Australian farmers … Read More

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Minister Dompok Applauds Malaysia’s Conservation Efforts; Calls for Greater Collaboration

In opening remarks before the Sabah Wildlife Conservation Colloquium (SWCC) yesterday, Minister for Plantation Industries and Commodities Bernard Dompok applauded efforts by the Government and private industry to preserve the country’s unparalleled biodiversity and natural endowments. And while acknowledging the success of these efforts, including the Malaysian Palm Oil Wildlife Conservation Fund (MPOWCF), Minister Dompok stressed the inherent benefits of the oil palm in supporting conservation and contributing to greater … Read More

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