Vitamin E extracted from palm oil helps in boosting the immune response of the body, suggest the findings of a study conducted on mice liver cells. Palm oil contains abundant quantities of vitamin E compounds, which include tocopherols and tocotrienols. These compounds have antioxidant effects, which protect cells from damage from toxic chemicals produced by…
Agriculture companies PT Petrokimia Gresik, PT Astra Agro Lestari and PT Rukan are ramping up their use of technology to streamline business and overcome challenges brought about by the COVID-19 pandemic. Fertilizer company PT Petrokimia Gresik is planning to introduce machine learning and big data into its operations by integrating data that includes customer reviews,…
KUALA LUMPUR (Sept 24): Indonesia’s crude palm oil production (CPO) is expected to rise 11% year-on-year (y-o-y) in 2021, thanks to timely fertiliser application and better weather this year, said UOB Kay Hian Research. In a note, analysts Leow Huey Chuen and Jacquelyn Yow said the Indonesian Palm Oil Association (GAPKI) expects the republic’s domestic…
Jakarta (ANTARA) – Indonesia’s Energy and Mineral Resources Minister Arifin Tasrif shed light on the country’s clean energy development strategies at the 11th Clean Energy Ministerial Meeting (CEM 11) and the 5th Mission Innovation (MI-5) organized virtually, Tuesday. Indonesia had copious renewable energy sources, including renewable energy potential of nearly 400 GW, Tasrif noted in…
Jakarta (21/10). PT Astra Agro Lestari deepest and heartfelt condolences on the demise of Mr. Angky Utarya Tisnadisastra, as Independent Commissioner (2017-2020), Chairman of the Audit Committee (2018-2020), and Chairman of the Nomination and Remuneration (2018-2020) of the Company in Jakarta on Monday, 21 September 2020. May his soul rest in peace. (Change of position…
Jakarta. The growing number of “palm oil free”-labeled products on the market can cast palm oil in an unfavorable light, according to a recent webinar held by the Indonesian Palm Oil Association or Gapki. Earlier this month, Australian chocolate company Darell Lea launched an ad to announce that they have entirely ditched palm oil in…
Indonesia has called on the United Kingdom to implement equivalent regulations for rapeseed oil as stipulated in the Due Diligence policy it is looking to apply to palm oil, in order to achieve proper ‘mutual recognition’ of each other’s regulatory frameworks. The proposed Due Diligence policy would make it compulsory for palm oil importers in…
Indonesia’s used cooking oil exports reached an all-time high of 22,000t in July from 20,000t in June and 14,000t a year earlier. More than 133,000t was exported over the first seven months of this year, up from 85,000t during January-July 2019. The Netherlands took 55,000t, Malaysia 31,000t, Singapore 21,000t and South Korea 11,000t. Waste-based biodiesel…
Jakarta (ANTARA) – Several members of the House of Representatives (DPR), in their statements received by Antara, opined that the palm oil commodity holds strategic value as a source of foreign exchange and to support the national economy. Deputy Chairman of Commission IV of the DPR, Hasan Aminuddin, in a statement here, Wednesday, stated that…
Publicly listed agribusiness company PT Astra Agro Lestari plans to focus on containing its costs amid fluctuating commodity prices in order to remain competitive and to boost profitability. The company’s revenue increased by 6.5 percent to Rp 9.08 trillion (US$623.78 million) during the first six months of the year compared with the corresponding period last…
JAKARTA – PT Astra Agro Lestari produced 707,000 tn crude palm oil in Jan-Jun, 15.2% less than 834,000 tn in the same period last year, Santosa, president director of the company, told a press conference after the public expose organised by the Indonesia Stock Exchange today. The drop in CPO production was due mainly to…
JAKARTA – Amidst the pandemic of Covid-19, PT Astra Agro Lestari Tbk recorded a positive financial performance in the first semester of 2020. The revenue of the Company increased by 6.5% from Rp 8.5 trillion in the first semester of 2019 to Rp 9.1 trillion. Revenue growth had been supported by the increase of CPO…
PALM oil is widely used in food products due to its superior health benefits and versatility — from cooking oil to margarine, bakery fats, chocolates, confectioneries, ice cream, dairy substitutes and food supplements. To ensure a healthy lifestyle, one must adopt a balanced diet to keep our body active and healthy. Fat intakes at the…
Indonesia, the biggest palm oil producer in the world, saw production and exports of the commodity contract in the first half of the year due to economic impacts of the pandemic as well as rolling impacts of drought and a price crash in previous years, the industry association has stated. The Indonesian Oil Palm Association…
Jakarta (ANTARA) – Indonesia should boost the trade of its value-added products rather than depend solely on the trading of raw materials, Dzulfian Syafrian, researcher at the Institute for Development of Economics and Finance (Indef), stated. “One way for this is by encouraging cooperation with other countries to attract investors in this value chain,” Syafrian…
The government has rekindled plans to escalate Indonesia’s biodiesel program after a five-month hiatus caused by weak palm oil prices and the unfolding global health crisis. Coordinating Economic Minister Airlangga Hartarto recently ordered state-owned fuel giant Pertamina to revive the program a few days after the company produced an experimental batch of new biodiesel and…
Indonesia had its second request for a panel to examine certain measures adopted by the EU affecting palm oil biofuels accepted. Indonesia’s first request was blocked at a dispute settlement meeting on 29 June. Indonesia said the measures in question not only unfairly discriminated against palm oil, but were inconsistent with provisions in the World…
KUALA LUMPUR, Aug 5 — The Secretariat of the Council of Palm Oil Producing Countries (CPOPC) is asking American food company Kraft Heinz Company to withdraw its misguided negative campaign on palm oil and “palm oil-free” claims and discriminatory messages on the company’s products. It said the company, a member of the Roundtable on Sustainable…
JAKARTA, July 23 (Reuters) – Indonesian state oil company PT Pertamina is set to test the production of jet fuel made up of 3% palm oil by the end of the year, Chief Executive Nicke Widyawati said on Thursday. The comments come a week after the company announced its first batch of biodiesel using feedstock…
Jakarta – Anticipatory steps are needed in preventing forest and land fires. To improve the effeciency on monitoring the situation in the surrounding plantation, Astra Agro utilized unmaned aerial vehicle (UAV) in facing the threat of the peak of the dry season this year. UAVs or drones (drones) equipped with these cameras will be flown…
