Oils & Fats International News
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LG Chem teams up with Dansuk Industrial to build HVO plant in Korea
South Korean chemical company LG Chem is partnering with biodiesel company Dansuk Industrial to build a joint hydro-treated vegetable oil (HVO) plant in Korea, LG Chem announced on 2 September.
14 September 2021 -
NatureWorks to go ahead with second PLA facility in Thailand
Global polylactic acid (PLA) biopolymer manufacturer NatureWorks is set to go ahead with a new plant in Thailand, the company announced on 9 August.
14 September 2021 -
IMTT to expand capacity for renewable diesel and biodiesel
Bulk liquid handler International-Matex Tank Terminals (IMTT) is expanding its capacity for renewable diesel and biodiesel, the company announced on 25 August.
13 September 2021 -
High palm oil prices delay Indonesia’s B40 plans
Indonesia’s plans to implement its 40% biodiesel blending (B40) programme could be delayed due to high palm oil prices, a senior government official told Reuters.
13 September 2021 -
Report forecasts steep rise for Indonesian palm prices and land values
A new report forecasts a steep rise for Indonesian palm oil prices and land values.
10 September 2021 -
Argentina forms new agency to manage dredging on Paraná River
The Argentine government has formed a new agency to manage dredging operations on the Paraná River, World Grain quoted from a Reuters report on 26 August.
10 September 2021 -
Toyota allows farmers to pay for new trucks with soyabeans or corn in Brazil
Japanese car manufacturer Toyota is accepting soyabeans or corn as payment for vehicles in Brazil, the company announced on 4 August.
09 September 2021 -
Egypt set to build new bulk grain terminal at East Port Said
A new US$140M bulk grain terminal is set to be built at East Port Said in Egypt, Zawya reported on 9 August.
09 September 2021 -
Paraná River low water levels could last to end of the year
Low water levels in the Paraná River could last until the end of October and possibly until the end of the year, AgriCensus quoted from local press reports on 16 August.
08 September 2021 -
Black Sea sunflower harvest forecast to rise
Sunflower production in the Black Sea region could rise by 6M tonnes due to improved weather conditions, AgriCensus reported analysts as saying on 17 August.
08 September 2021 -
Beck’s Hybrids buys Bayer soyabean seed plant
Leading US seed company Beck’s Hybrids has purchased Bayer’s soyabean seed production and processing plant in Iowa, the USA, World Grain reported on 24 August.
07 September 2021 -
India cuts soya and sunflower oil import tax in bid to control edible oil prices
The Indian government has reduced the import tax on soya and sunflower oils in a bid to contain surging edible oil prices, AgriCensus reported.
07 September 2021 -
Marathon Petroleum joins ADM in soyabean oil venture to supply renewable diesel
US refiner Marathon Petroleum Corporation (MPC) and global agribusiness giant Archer Daniels Midland Co (ADM) have formed a joint venture for the production of soyabean oil to supply growing demand for renewable diesel, ADM announced on 19 August.
06 September 2021
