FAO Vegetable Oil Price Index falls to 10-month low in July

FAO Vegetable Oil Price Index falls to 10-month low in July

11th August, 2022

The FAO Vegetable Oil Price Index dropped by 19.2% in July compared to the previous month – marking a 10-month low, the Food and Agriculture Organization of the United Nations (FAO) reported.

Indonesia launches road tests for B40 palm oil biodiesel

Indonesia launches road tests for B40 palm oil biodiesel

11th August, 2022

The government of Indonesia has launched road tests for two types of B40 – biodiesel containing 40% palm oil – with the aim of concluding by the end of the year if they are viable for public use, Reuters reported the energy ministry as saying.

Shell and Lufthansa sign SAF supply deal

Shell and Lufthansa sign SAF supply deal

10th August, 2022

Global oil giant Shell International Petroleum (Shell) and German airline Deutsche Lufthansa have signed a sustainable aviation fuel (SAF) supply agreement.

Latest issue: July/August 2022

July/August 2022

Our July/August 2022 issue includes an overview of solvent extraction with a focus on CBD oil and hemp protein. We also examine how US and EU regulations are affecting the growth of the CBD sector.

In this issue we also look at: expanding demand for used cooking oil (UCO) and its transport logistics; market opportunities in the Middle East/North Africa (MENA) region; and the effect of the global frying oil shortage and trends and challenges for food and snack manufacturers.

OFI’s regular mix of news, event listings and statistics also feature in this issue.