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Media Release: Budget 2016 To Positively Impact the Nation’s Palm Oil and Rubber Industries

Kuala Lumpur, 23 October 2015: Felda Global Ventures Holdings Berhad (FGV) lauds The 2016 Budget tabled in Parliament today. The announcement reaffirms the Federal Government’s commitment to enhance rural redevelopment and will boost the palm oil and rubber industries.

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Delima Oil Products Sdn Bhd (DOPSB) won SME100 Award

Delima Oil Products Sdn Bhd (DOPSB) won SME100 Fast Moving Companies 2015 for Consumer Goods segment.

SME100 is an Annual Recognition Award programme organised by SME & Entrepreneurship Magazine – one of the bestselling business magazines in Asia. DOP markets palm-oil based downstream products such as RBD’s bulk oil, cooking oil, margarine, shortening & dough fat, pure vegetable ghee, bread spread and culinary products. Its industrial products are widely accepted and consumed by major local biscuit factories.

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FGV hopes govt will implement B10 biodiesel mandate – New Straits Times

Felda Global Ventures Holdings Bhd (FGV), the world’s biggest crude palm oil producer, is proposing for the implementation of B10 biodiesel mandate from the current B7 in the 2016 Budget.

“FGV hopes the government will implement the B10 programme soon. The programme is expected to soak up one million tonnes of crude palm oil (CPO) a year. This may lend support to palm oil prices as well.

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