Monday, March 29, 2010

Breaking News-RTRS-Malaysian palm oil firm denies clearing rainforests

KUALA LUMPUR, March 26 (Reuters) - Malaysia's second-largest planter IOI Corp dismissed claims by a green group that it cleared rainforests on Borneo island to expand oil palm estates, saying the report was inaccurate.
IOI Corp said on Friday it conducted its own investigations and held a dialogue with Friends of the Earth group, which published a report last week looking at how the planter was expanding estates on the Indonesian side of the island.