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AGRICOMMODITY NEWS 2020

BRUSSELS: Palm oil powerhouse Malaysia urged Europe not to forget the world’s farmers when it strives to meet its Green Deal ambition for carbon neutrality.
The European Union in December embarked on an major plan committing member states to build a carbon neutral economy by 2050 along with other climate-friendly measures including a boost in investment.
This would be in addition to Brussels existing commitment to ban palm oil as a biofuel in Europe by 2030, a plan that has angered Malaysia, the world’s second biggest palm oil producer after Indonesia.

Source: The Edge Financial Daily page 15

Source: The Edge Financial Daily page 15




Source: The Edge Financial Daily page 8




KUALA LUMPUR, Feb 11 -- Sime Darby Oils (SDO) and Universiti Kebangsaan Malaysia (UKM) have announced a collaboration in the world’s first comprehensive clinical trial to determine if the palm oil derived Tocotrienols, an antioxidant in the vitamin E family, could be used as a therapeutic approach for the treatment of Non-Alcoholic Fatty Liver Disease (NAFLD).
In a filling with Bursa Malaysia today, the parties said a Memorandum of Agreement (MoA) for the collaboration, which is expected to run for two years, was signed today.
They expect to see preliminary results within six months from the commencement of the clinical trial this month and a full publication of the findings in 2021.