Oils & Fats International News
-
USA bans Russian oil following its invasion of Ukraine
The US Senate has introduced a bill to ban Russian oil while increasing the use of ethanol, biodiesel and other biofuels following the Putin-led regime’s invasion of Ukraine, Biomass magazine reported.
25 March 2022 -
Nestlé teams up with Corbion to explore microalgae ingredients for plant-based products
Swiss food and drink giant Nestlé is increasing its plant-based portfolio in a partnership with Dutch food and bio-chemicals company Corbion, Bio Market Insights wrote.
24 March 2022 -
Ukraine planting forecast to be heavily impacted by Russian invasion
The Ukrainian planting season is expected to be heavily impacted by the ongoing Russian invasion of the country, AgriCensus wrote.
24 March 2022 -
Tesco trials lipid-based edible coating for fruit to extend shelf life and reduce food waste
Leading UK supermarket chain Tesco has introduced a trial using a lipid-based edible coating for fruit in its stores in a bid to extend shelf life and reduce food waste, the company said.
23 March 2022 -
Bayer to sell pest control unit to Cinven
German chemicals and pharmaceuticals giant Bayer has announced it has agreed to sell its pest control unit to UK private equity firm Cinven.
23 March 2022 -
Repsol starts building advanced biofuels plant in Spain
Spanish energy company Repsol has started building a plant for the production of advanced biofuels including hydro-treated vegetable oil (HVO) at its refinery in Cartagena, Spain, the company announced on 7 March.
22 March 2022 -
Argentina lifts block on exports of soyabean oil to create wheat stabilisation fund
The Argentine government has lifted a temporary block on exports of soyabean oil and soyabean meal to create a wheat stabilisation fund against the backdrop of Russia’s invasion of Ukraine, Biofuels Digest wrote on 21 March.
22 March 2022 -
Sulzer to supply technology for HVO/SAF processing complex in Kota Kinablau
Swiss fluid engineering company Sulzer Chemtech (Sulzer) has announced it will be supplying technology for Vandelay Ventures’ new renewable energy complex in Malaysia.
21 March 2022 -
Singapore’s JOil awarded Gold Standard sustainability certification for Jatropha plantation
Jatropha company JOil has announced it has been awarded Gold Standard sustainability certification for its japtropha plantation in Ghana.
21 March 2022 -
Ukrainian food giant MHP warns its collapse would hit food supplies
The head of leading Ukrainian food producer MHP has said that the failure of its operations would have a “catastrophic” impact on the country’s population, BBC News reported on 14 March.
21 March 2022 -
Argentine sunflower oil prices rise sharply due to uncertainty over Black Sea exports following Russia’s invasion of Ukraine
Uncertainty over Black Sea exports due to Russia’s invasion of Ukraine has led to a 47% rise in prices for Argentine sunflower oil in less than two weeks following the start of the conflict, The Hindu Business Line quoted from a report by the United States Department of Agriculture (USDA).
18 March 2022 -
Russian invasion of Ukraine hits fertiliser market and poses risk for global food inflation
European fertiliser producers are cutting output due to the surging cost of natural gas – the feedstock of nitrogen fertilisers – following Russia’s invasion of Ukraine, adding to the risk of global food inflation, Luxembourg Times quoted from a Bloomberg report.
18 March 2022 -
Mitsubishi Chemical and subsidiary design pilot facility for plant-derived MMA production
Japanese chemical company Mitsubishi Chemical Corporation (MCC) and its subsidiary Mitsubishi Chemical Methacrylates (MCM) have announced they are designing a pilot plant to produce methyl methacrylate (MMA) monomers from plant-derived materials.
17 March 2022