Global agribusiness giant Bunge Global and feed ingredient firm Bangkok Produce (BKP) have jointly tested a soyabean tracing platform using blockchain technology.

Romanian energy company OMV Petrom is set to invest €750M (US$805M) in its Petrobrazi refinery in a bid to become the first major producer of sustainable fuels in southeast Europe.

The Malaysian government is set to sign a trade agreement with China for palm oil and agricultural commodities later this year, The Star reported the country’s deputy Plantation and Commodities minister Chan Foong Hin as saying.

The European Bank for Reconstruction and Development (EBRD) is set to loan €60M (US$64.44M) to Ukrainian company Lan-Oil to finance the construction of a new biofuels project in the country.

The Malaysian Palm Oil Board (MPOB) has called for an oil hub or redistribution centre to be set up in Egypt to build on recent cooperation between the two countries, the New Straits Times reported.

A dramatic growth in renewable diesel production and capacity in the USA is creating a shift in domestic markets and foreign feedstock trends, according to a World Grain article citing a new United States Department of Agriculture (USDA) report.

Global crop protection and seed company Syngenta Group is providing rights to genome editing and breeding technologies for academic research globally.

The Verborg Group officially opened its new refinery in Farmsum, northern Netherlands, on 14 June, industry sources reported.

The International Air Transport Association (IATA) has announced that its forecast for sustainable aviation fuel (SAF) production to triple in 2024 to 1.9bn litres (1.5M tonnes) is on track.

SD Guthrie, formerly known as Sime Darby Plantation (SD Plantation), has reported a net profit of RM211M (US$447M) in the first quarter ended 31 March – three times the net profit of RM69M (US$14.6M) recorded in the same quarter of the previous year.

Global commodity news and price reporting agency Argus Media has launched freight rates for global biofuels and feedstocks.

The German government has approved the unrestricted sale of 100% renewable diesel (also known as HVO100) in the country, European news agency EuropaWire (EW) wrote.

Global jet fuel supplier Avfuel has expanded its supply of sustainable aviation fuel (SAF) to three French airports.