Oils & Fats International News
-
Mondelēz International set to acquire leading Mexican confectionery company
US confectionery and snacks giant Mondelēz International has announced it is set to acquire leading Mexican confectionery company Ricolino from baked products firm Grupo Bimbo.
20 May 2022 -
China approves Bioceres drought-resistant soyabean
China has approved the import and use of Argentine biotechnology firm Bioceres Crop Solutions’s drought-resistant soyabean strain.
19 May 2022 -
Ukraine spring plantings 70% complete
Ukrainian farmers have now completed 70% of spring plantings, AgriCensus reported on 13 May from the latest update from the country’s agriculture ministry.
19 May 2022 -
Burcon NutraScience partners with Pristine Gourmet to develop protein ingredients from sunflowerseed
A partnership between plant-based protein company Burcon NutraScience and cold-pressed virgin oil processor Pristine Gourmet is set to develop protein ingredients from sunflowerseed, with co-investment from Protein Industries Canada.
18 May 2022 -
Restrictions placed on ships entering key Black Sea canal to take pressure off Ukrainian and Romanian ports
The operators of a key Black Sea canal have put a temporary halt on vessels moving towards the Ukrainian and Romanian ports of Reni, Izmail and Giurgiulesti in a bid to reduce a huge backlog, AgriCensus reported.
18 May 2022 -
Bangchak, BBGI and Thanachok Oil Light form partnership to produce sustainable aviation fuel from used cooking oil
Leading Thai biofuel producers and distributors Bangchak and BBGI have teamed up with local vegetable oil and renewable energy company Thanachok Oil Light to produce sustainable aviation fuel (SAF) from used cooking oil (UCO), the companies announced.
17 May 2022 -
Russia to hike sunflower export levy from start of June
The export duty on sunflower oil in Russia is set to increase by US$152.80/tonne – or 41% – to US$525/tonne from 1 June, AgriCensus reported local media as quoting the country’s Ministry of Agriculture as saying.
17 May 2022 -
Bunge partners with CoverCress to launch new oilseed crop
A partnership between global agribusiness giant Bunge and US pennycress start-up company CoverCress Inc (CCI) has announced the launch of a new oilseed crop.
16 May 2022 -
Bunge announces stronger than expected first quarter results
Global agribusiness giant Bunge has announced stronger than expected first quarter results.
16 May 2022 -
UFOP reports record high rapeseed and soyabean prices
Rapeseed and soyabean prices have hit record highs, Biofuels Digest reported Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) as saying.
16 May 2022 -
Argentine farmers swap cereal crops for soyabeans in bid to counter rising fertiliser prices
Farmers in Argentina are shifting from cereal crops to soyabeans amid rising fertiliser prices, World Grain reported from a United States Department of Agriculture (USDA) report on 29 April.
13 May 2022 -
ADM reports strong first quarter results
Global agribusiness giant ADM has reported strong first quarter results with the company’s ag services and oilseed sector delivering a substantially higher year-on-year performance.
13 May 2022 -
Biorefinery pilot plant set to be launched in Thailand
A new biorefinery pilot plant is set to be launched in Thailand by a joint venture between the National Science and Technology Bio Base Europe Plant (BBEPP), in Belgium, and the National Science and Technology Development Agency (NSTDA), in Thailand, the partners announced.
12 May 2022