Oils & Fats International News
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Good Food Institute report forecasts rising demand for plant-based meat alternatives
Plant-based meat alternatives could account for 6% of total meat consumption by 2030 if the sector continues to expand at the current rate, according to analysis by the Good Food Institute reported by World Grain on 7 February.
21 February 2022 -
Bayer says production of glyphosate weedkiller may be hit by supplier’s technical problems
German chemical giant Bayer has said production of its glyphosate –based weedkiller may be reduced in the short term due to one of its ingredient suppliers running into technical problems, Reuters reported on 14 February.
18 February 2022 -
Clariant agrees to sell stake in Scientific Design joint venture to SABIC
Speciality chemicals company Clariant has agreed to sell its 50% stake in the joint venture which owns “green” ethylene producer Scientific Design Company (Scientific Design) to SABIC, Clariant announced.
18 February 2022 -
Vegetable oils and dairy products push up FAO Food Price Index
The world food price gauge – the FAO Food Price Index – rose in January mainly due to vegetable oil supply constraints, the Food and Agriculture Organization of the United Nations (FAO) reported.
17 February 2022 -
IGC forecasts record global rapeseed harvest this year
The International Grains Council (IGC) has forecast a record global rapeseed harvest for the current crop year, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) reported on 3 February.
17 February 2022 -
New Cargill survey finds more than half of global consumers influenced by sustainability claims on packaged food
A new survey conducted by global agribusiness giant Cargill has found that sustainability considerations now influence the majority of shoppers worldwide when buying packaged foods.
16 February 2022 -
Argentine government renews fund securing domestic edible oil supply
The Argentine government has renewed a fund to secure the supply of edible oils to the domestic market at low prices until the end of January next year, AgriCensus wrote.
16 February 2022 -
Thailand puts 5% limit on biodiesel blending to counter rising oil prices
The Thai government has announced a 5% limit on biodiesel blending until the end of March in a bid to counter surging global vegetable oil prices, according to a Bangkok Post report.
15 February 2022 -
BP acquires 30% stake in the UK’s largest provider of HVO
British multinational oil and gas company BP has acquired a 30% stake in UK hydrotreated vegetable oil (HVO) provider Green Biofuels (GBF), BP announced on 3 February.
15 February 2022 -
Nuseed and BP link up to promote carinata oil use as biofuel feedstock
Global seed company Nuseed and British multinational oil and gas company BP have agreed a 10-year offtake deal to promote the use of carinata oil as a biofuel feedstock, Nuseed announced on 1 February.
14 February 2022 -
AGP set to build new soyabean processing plant in Nebraska
US agribusiness cooperative Ag Processing (AGP) is planning to build a new soyabean processing plant near David City, Nebraska, the company announced.
14 February 2022 -
Indonesian government revokes millions of hectares worth of permits for logging, plantations and mining
The Indonesian government has revoked millions of hectares worth of permits for logging, plantations and mining, according to a Mongabay report.
14 February 2022 -
USDA report forecasts growth in Canada’s renewable diesel production
Renewable diesel production in Canada could reach 3.27bn litres within the next four years, according to a report by the United States Department of Agriculture (USDA) reported by Biodiesel magazine.
11 February 2022
