Oils & Fats International News
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POC 2022 to be held live in Kuala Lumpur
Bursa Malaysia Derivatives Berhad (BMD) has confirmed that the 33rd edition of the Palm and Lauric Oils Price Outlook Conference & Exhibition 2022 (POC2022) will be held at the Shangri-La Hotel in Kuala Lumpur, Malaysia from 7-9 March 2022.
13 January 2022 -
UK proposes to continue biodiesel trade measures
The UK Trade Remedies Authority (TRA) has proposed that existing anti-dumping measures on imports of fatty acid methyl ester (FAME) biodiesel should continue while measures on imports of hydro-treated vegetable oil (HVO) biodiesel should be removed.
13 January 2022 -
Indonesian palm oil output forecast to rise by 2.6% this year
Palm oil production in Indonesia is forecast to rise by 2.6% this year, according to the head of a government agency quoted by Reuters in a Nasdaq report.
12 January 2022 -
Clariant to acquire BASF’s US attapulgite business
Swiss speciality chemicals company Clariant has announced it has reached an agreement to acquire German chemical and biotech giant BASF’s US attapulgite business.
12 January 2022 -
Bühler to build insect plant for Agronutris in France
Swiss multinational plant equipment manufacturer Bühler is building a plant for French insect producer Agronutris, Bühler announced.
11 January 2022 -
Extra virgin olive oil to be sent into space
A selection of Italian extra virgin olive oils is due to be sent to the International Space Station (ISS), Olive Oil Times wrote.
11 January 2022 -
Darling Ingredients acquires Valley Proteins
US renderer and renewable diesel producer Darling Ingredients has acquired waste collection and recycling start-up Valley Proteins for about US$1.1bn, Reuters wrote.
11 January 2022 -
Unnamed investor group acquires Chemoil Terminals
Independent US liquid fuels storage provider Chemoil Terminals has been bought out by an unnamed investor group, Business Insider reported on 20 December.
10 January 2022 -
New Zealand set to introduce sustainable biofuels mandate
The government of New Zealand has announced plans to introduce a sustainable biofuels mandate based on greenhouse gas (GHG) reductions, Ethanol Producer magazine wrote.
10 January 2022 -
Marubeni to invest in blockchain start-up Covantis
Japanese trading and investment conglomerate Marubeni Corporation has agreed to invest and acquire shares in Swiss-based digital blockchain start-up Covantis.
10 January 2022 -
Spanish study shows potential of olive pit in biofuel
A new study by Juan Vilar Strategic Consultants has researched the potential of using olive pits in biofuels, Olive Oil Times wrote on 9 December.
07 January 2022 -
Malaysian company’s new automated palm tree cutter could help ease sector’s labour shortage
A Malaysian company has developed an automated tree cutter that could help ease the palm oil sector’s chronic labour shortage, Bloomberg reported on 14 December.
07 January 2022 -
Cargill set to acquire a majority of Croda’s performance technologies and industrial chemicals business
Global agribusiness giant Cargill has agreed to acquire the majority of speciality chemical company Croda’s performance technologies and industrial chemicals business for US$1.03bn.
07 January 2022
