Oils & Fats International News
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Ukraine limits exports and clears farm workers from military service in bid to secure food supplies in wake of Russian invasion
The Ukrainian government has banned the export of essential products and limited grain exports following Russia’s invasion of the country, AgriCensus reported on 7 March.
11 March 2022 -
Chevron set to acquire REG for US$3.15bn
US multinational energy corporation Chevron has announced it is set to acquire biofuel producer Renewable Energy Group (REG).
10 March 2022 -
US sunflower oil demand forecast to reach record level this year
Demand for sunflower oil in the USA is forecast to reach a record level this year after a five-year period of steady growth, Farm Progress reported.
10 March 2022 -
Renewable Energy Group teams up with Bunker Holding to increase biodiesel use in US and EU marine sectors
Leading renewable fuel producer and supplier Renewable Energy Group (REG) has entered a partnership with marine fuel supplier and trader Bunker Holding Group to further develop marine markets for biodiesel in the USA and European Union (EU), REG announced.
09 March 2022 -
EC proposes taxing crop-based biofuels and fossil fuels in same way
The European Commission (EC) is considering taxing fossil fuels and crop-based biofuels in the same way, according to a report by EURACTIV.
09 March 2022 -
Vertex Energy enters renewable diesel supply agreement with Idemitsu Apollo Renewable Corporation
US speciality refining company Vertex Energy has announced a five-year renewable diesel supply agreement with Idemitsu Apollo Renewable Corporation – a subsidiary of Japan’s Idemitsu Kosan.
08 March 2022 -
Agribusiness giants take legal action against ethanol producer
A number of leading agribusiness firms that supplied US ethanol company AltEn with unplanted seed are taking legal action against the firm for creating an environmental crisis they claim cost millions of dollars to clean up, the Lincoln Journal Star reports.
08 March 2022 -
Bunge and Chevron sign deal for renewable fuel joint venture
An agreement to form a new renewable fuel joint venture has been signed between Bunge North America and Chevron USA, the companies announced.
07 March 2022 -
Researchers identify gene affecting protein in soyabeans
A research team at the University of Illinois has identified the gene that affects protein in soyabeans, Seedworld wrote.
07 March 2022 -
FEDIOL says EU sunflower oil supply critical due to Russia’s invasion of Ukraine
The war situation in Ukraine will impact European supplies of sunflower oil, according to trade body FEDIOL, which represents the interests of the vegetable oil and protein meal industry in the European Union (EU).
07 March 2022 -
Global Bioenergies builds renewable isobutene plant in France
French green technology firm Global Bioenergies is building a plant in France to produce renewable isobutene from plant resources, the company announced.
04 March 2022 -
Ports and grain facilities shut down in Ukraine following Russian invasion
The Ukrainian government suspended commercial shipping from its ports due to Russian’s military invasion while many privately-owned grain storage and processing facilities in the country also shut down operations to ensure the safety of their employees, World Grain reported.
04 March 2022 -
BDI-BioEnergy upgrades German biodiesel plants for Renewable Energy Group
Austrian plant manufacturer BDI-BioEnergy International (BDI) has been commissioned to upgrade two German biodiesel plants for US biofuel producer Renewable Energy Group (REG), the companies announced on 17 February.
03 March 2022
