Global agribusiness giant Archer Daniels Midland (ADM) has said it is expecting this year to be another strong one after a record 2021.

Global biotechnology company Dyadic has introduced a novel method to produce synthetic cannabinoids, the company announced on 20 January.

Consumer goods giant Unilever is planning to cut about 1,500 jobs worldwide as part of a reorganisation of its management and structure following its failed bid for a division of global healthcare company GlaxoSmithKline (GSK), according to a BBC report.

Green Fuels Ventures (GFV), a subsidiary of UK biofuel technology developer Green Fuels, has signed a Memorandum of Understanding (MoU) with Panamanian company Telfer Tanks to expand biodiesel production facilities in the Republic of Panama, Bioenergy International wrote.

Glencore’s agriculture division Viterra has reached an agreement to acquire the grain and ingredients business of US oilseed and ingredients firm Gavilon from Marubeni, Viterra announced on 26 January.

Belgian agricultural technology company Biotalys and Italian contract development and manufacturing organisation Olon have entered a partnership for the production of Biotalys’ protein-based biocontrol products.

Weather extremes in South America are hitting the country in the same way last summer’s drought conditions affected south western Canada and the US Pacific northwest, World Grain wrote.

Canadian cooperative Federated Co-operatives Limited (FCL) has announced plans to build a US$2bn integrated agriculture complex (IAC) near Regina, Saskatchewan.

Freight rates for used cooking oil (UCO) and sulphuric acid have nearly doubled through 2021 and while there are concerns that these markets could face demand destruction through high prices, tight supply and a lack of alternative products suggest that demand will remain on track this year, according to leading shipbroker Simpson Spence Young (SSY) in its 2022 Outlook Report, published on 21 January.

US tyre giant the Goodyear Tire & Rubber Company (Goodyear) has launched a demonstration tyre made from 70% sustainable material.

Global agribusiness giant Bunge has reached an agreement to acquire a 33% stake in leading Brazilian grain and agricultural product wholesale company Sinagro Produtos Agropecuarios (Sinagro).

The Indonesian government is set to temporarily restrict crude palm oil (CPO) exports in a bid to combat rising cooking oil prices by forcing producers to prioritise domestic markets, the Jakarta Post wrote on 20 January.

The Indonesian government is planning to start 40% palm-based biodiesel (B40) road tests next month, Reuters reported a senior government official as saying.