Oils & Fats International News
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Axens to supply technology for Chinese SAF project
Clean fuels company Axens is set to provide technology to Chinese refining and petrochemical firm Shandong Haike Chemical Co (Haike Chemicals) for its sustainable aviation fuel (SAF) project in China.
22 August 2023 -
Sharp rise in Argentine soyabean and corn production forecast in 2023/24
Argentina’s production of soyabeans and corn is expected to increase sharply in the 2023/24 marketing year, according to latest forecasts from the Buenos Aires-based Rosario Grain Exchange (BCR) reported by World Grain.
22 August 2023 -
FDA issues final rule on use of partially hydrogenated oils in food supply
The US Food and Drug Administration (FDA) has issued its final rule on the use of partially hydrogenated oils (PHOs) in the food supply.
21 August 2023 -
Biotech firm Amyris files for bankruptcy
US synthetic biotechnology ingredients firm Amyris – along with some of its US subsidiaries – has filed for bankruptcy and plans to sell its consumer brands to improve its liquidity, Reuters reported on 10 August.
21 August 2023 -
Record level of Chinese soyabean imports
Soyabean imports by China increased to a record level of 100M tonnes in the 2022/23 marketing year, according to latest forecasts by the United States Department of Agriculture (USDA).
21 August 2023 -
Drought hits Panama Canal route
Ships are facing long delays at the Panama Canal – one of the world’s busiest trade routes linking the Atlantic and Pacific oceans – as shallow water levels caused by drought conditions have reduced the number of vessels able to pass through it, according to a report by The Guardian.
18 August 2023 -
Olive oil shortage in Spain causes concern
Olive oil stocks in Spain – the world’s largest producer – could be depleted before the start of the next harvest, according to the latest data from Spain’s Ministry of Agriculture, Fisheries and Food (MAPA) reported by Olive Oil Times.
18 August 2023 -
LG Chem to secure waste cooking oil supply to produce sustainable aviation fuel
South Korean chemical company LG Chem is set to launch a project producing sustainable aviation fuel (SAF) from waste cooking oil, according to a report by Maeil Business News Korea on its Pulse website.
17 August 2023 -
Ukrainian naval forces open corridor for ships in the Black Sea
Temporary humanitarian corridors for ships in the Black Sea have been opened up by Ukrainian naval forces, according to an official statement by the country’s military forces, reported by AgriCensus.
17 August 2023 -
Argentine olive oil producers produce good harvest despite high temperatures
Olive oil producers in Argentina produced a good harvest this year – after three consecutive below average seasons – despite high temperatures, Olive Oil Times wrote.
16 August 2023 -
Beyond Meat hit as inflation squeezes shoppers
US plant-based company Beyond Meat has seen its sales drop by almost a third as shoppers cut back due to the cost-of-living crisis, the BBC reported.
16 August 2023 -
Godrej and Patanjali collaborate to boost oil palm plantation in Nagaland foothill regions
Leading Indian agribusinesses Godrej Agrovet Limited (GAVL) and Patanjali have partnered with the Nagaland government to increase oil palm cultivation in the state’s foothill areas, the India Blooms news service reported.
15 August 2023 -
Indonesia to enforce B35 blending from August
The Indonesian government introduced mandatory B35 blending nationwide as of 1 August, Argus Media quoted the energy ministry’s director of bio-energy Edi Wibowo as saying.
15 August 2023