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News
Latest updates, insights and developments across the palm oil industry.


Ecoscience Wins RM40 Million Johor Palm Oil Refinery Project Contract
Ecoscience International Bhd has secured a RM40 million contract to build and install a new palm oils and fats refinery plant in Johor, marking another milestone in its engineering and construction portfolio. The contract, awarded to its wholly owned unit Ecoscience Manufacturing & Engineering Sdn Bhd, covers building and infrastructure works as well as installation for the proposed refinery. The project is scheduled for completion by July 1, 2026. Ecoscience said the award i
Mar 20


Malaysia Palm Oil Stocks Hit Nearly 2-Year Low in Feb as Output Drops
Fresh fruit bunches of oil palm tree are are seen inside a wheelbarrow at a palm oil plantation in Kuala Selangor, Selangor, Malaysia...
Jul 2, 2025


Indian Refiners Cancel Palm Oil Orders Due to Price Surge
A worker checks a fresh fruit bunch of oil palm during harvest at a palm oil plantation in Khammam district in southern state of...
Jun 27, 2025


RHB: Indonesia's Tax Changes Could Weaken Malaysia's Palm Oil Edge
Malaysia’s competitiveness for downstream palm oil products is expected to decrease due to the change of Indonesia’s crude palm oil (CPO)...
Dec 16, 2024


Apical Doubles Palm Oil Refining Capacity in West Sumatra, Indonesia
Apical, a leading vegetable oil processor, held a groundbreaking ceremony today at its PT Padang Raya Cakrawala (PRC) facility to mark...
Sep 25, 2024


Ecoscience International Bags RM24 Mil Contract to Build Palm Oil Refinery Complex in Indonesia
Ecoscience International Bhd, which debuted on Bursa Malaysia's ACE Market last month, has bagged a RM24.04 million contract for the...
Dec 20, 2023


Lipura® Split: Boosting Fat Splitting Efficiency
Novozymes’ latest biosolution, Lipura® Split, enables fatty acid producers to increase efficiency and boost sustainability in the fat...
Oct 2, 2023


PM: Govt May Increase RM4 Bil Cooking Oil Subsidy Allocation as Palm Oil Prices Rise
The government is still maintaining its subsidy for cooking oil with an allocation of RM4 billion for 2022, and this amount may increase...
Sep 8, 2022


Bursa Malaysia Derivatives Completes First Physical Delivery of East Malaysia Crude Palm Oil Futures
Bursa Malaysia Derivatives Completes First Physical Delivery of East Malaysia Crude Palm Oil Futures in Sabah Bursa Malaysia Derivatives...
Mar 23, 2022
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