Brazil's Raízen to buy Louis Dreyfus sugar and ethanol unit Biosev

Brazil's Raízen to buy Louis Dreyfus sugar and ethanol unit Biosev

26th February, 2021

Brazilian energy company Raízen has agreed to buy Louis Dreyfus Holding subsidiary Biosev, a sugar and ethanol unit.

Merck expands lipids production to support BioNTech in COVID-19 vaccine manufacture

Merck expands lipids production to support BioNTech in COVID-19 vaccine manufacture

26th February, 2021

Science and technology company Merck is expanding its production of lipids to be used by German biotechnology firm BioNTech in the manufacture of the Pfizer-BioNTech COVID-19 vaccine, the company announced on 5 February.

Bunge’s final quarter earnings rise on higher crush margins and vegetable oil demand

Bunge’s final quarter earnings rise on higher crush margins and vegetable oil demand

25th February, 2021

Global agribusiness giant Bunge has reported net income of US$551M in the final quarter of 2020 – compared with a loss in the same period of 2019 –driven by strong vegetable oil demand and higher oilseed crush margins, the company announced on 10 February.

Latest issue: February 2021

February 2021

Our February 2021 issue gives an update on the EU biofuels market and the impact of the COVID-19 pandemic, the Renewable Energy Directive II and the expanding domestic supply and blending of hydrotreated vegetable oil (HVO).

In a special focus, we look at the role antioxidants play in preserving the shelf life of edible oils used in dressings, sauces and marinades.

We also report on the challenges facing the global sunflower oil market and the development and uptake of marine biofuels.

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