Due to the continuing harmful effects of El Niño, Malaysia's palm oil production has been greatly affected reducing output by millions of metric tons.
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Bunge Ltd CEO is seeking to sell off its 'crown jewels' as depressed prices and operating losses have made the business unprofitable.
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
Macoma, a biofuel company had withdrawn its IPO filing citing market conditions.
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