Palm oil exports from Indonesia are expected to fall by 2M tonnes this year due to increased domestic consumption – following the introduction of a higher biodiesel blending mandate – and reduced output, XM reported from a Reuters article.

Global bio-polymer producer Braskem has launched a bio-polypropylene (bio-PP) product produced from used cooking oil (UCO).

German chemical and biotech giant BASF is preparing its agricultural chemicals business for an initial public offering (IPO) in the next few years as part of restructuring measures expected to be announced by the group this month, according to a Reuters report based on a Bloomberg News article.

Speciality chemical company Lygos is working in partnership with fermentation and biotechnology firm CJ BIO to produce and deliver commercial volumes of biobased chemicals.

US grain storage, transportation and processing company Bartlett has opened its new soyabean processing plant in Kansas, USA, World Grain wrote.

Maputo Port Development Co (MPDC) and Maputo Grain Terminal SA (MGT) have signed an agreement to expand grain terminal capacity at Mozambique's Port of Maputo.

The Indian government has raised customs duty on edible oils in a bid to support oilseed farmers, Reuters reported.

SD Guthrie International (SDGI), formerly known as Sime Darby Plantation (SD Plantation), has delivered its first shipment of palm oil compliant with the EU Deforestation Regulation (EUDR), ahead of its implementation.

Record soyabean production is forecast in the 2024/25 marketing year in India due to a favourable monsoon and normal weather conditions, according to US Department of Agriculture (USDA) data reported by World Grain.

China is expected to increase oilseed crushing in 2024/25 due to a moderate rise in demand for protein meals from the feed sector, according to US Department of Agriculture (USDA) data reported by World Grain.

US-based producer of plant-based meat substitutes Beyond Meat is set to introduce a new steak alternative as part of its focus on health, CNBC reported.

Hundreds of food producers and retailers have handed a petition to Hungary’s agriculture minister István Nagy calling for strict labelling requirements for new-generation genetically modified (GM) crops, Euronews reported.

South Korean oil refiner SK Energy has announced it will start commercial production of sustainable aviation fuel (SAF) next month to meet increasing demand.