The US Department of Justice (DOJ) is set to approve the US$62.5bn merger of German chemicals firm Bayer and US agrichemicals company Monsanto, according to reports from Reuters and Wall Street Journal.
The International Finance Corp (IFC), a member of the World Bank, has agreed to give a multi-million dollar loan to Myanmese International Bulk Terminal (Thilawa) Co (IBTT) for the development and operation of a bulk terminal.
A total area of 5,665ha will be planted with 120,000 olive trees in Balochistan province, southwest Pakistan, as part of a campaign to promote olive cultivation and increase the production of edible oils, Olive Oil Times reported on 19 March.
The EU’s removal of duties on Argentina and Indonesian biodiesel could result in a flood of imports starting in April and the closure of some small producers, according to the head of a major German biodiesel producer.
Italian chocolate and confectionery producer Ferrero has disclosed the location of 116 mills it sources palm oil from following a 19 March Greenpeace report condemning eight large-scale consumer goods companies for failing to disclose their palm oil supply chains.
The Panama Canal Authority (PCA) has signed an agreement with the Association of Soybean and Corn Producers of Mato Grosso (Aprosoja) to promote the Panama Canal’s position in the logistics chain from northern Brazil to Pacific ports.