Soyabean production in Brazil’s key producing states is expected to fall by 5-30% as a result of drought conditions, according to a 22 February Global Agricultural Information Network report from the US Department of Agriculture (USDA).
Malaysia plans to halt all expansion of oil palm plantations this year in a bid to tackle concerns about deforestation, Malaysian Minister of Primary Industries Teresa Kok said in an interview with the Taipei Times on 1 March.
Kernel Holding SA, Ukraine’s largest producer and exporter of sunflower oil, announced on 20 February that it had acquired a 5.85% interest in ViOil Holding Ltd, which operates two multi-seed oil extraction plants with a crushing capacity of 1.1M tonnes/year.
German foreign trade of biodiesel hit record highs in 2018, totaling around 3M tonnes, with imports showing striking growth, according to a press release by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) on 19 February.
Italian oil and gas firm Eni and the national waste vegetable oil and animal fats consortium, RenOils, will be working together to promote the recovery of used vegetable oils, the two institutions announced in a press release on 14 February.