Oils & Fats International News
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Cultivated Biosciences secures new funding to develop fat ingredient for plant-based dairy products
Swiss food and biotech start-up Cultivated Biosciences has secured US$1.5M funding to develop a fat ingredient for plant-based dairy products, the company announced.
15 September 2022 -
FEDIOL warns EU energy costs and supply could impact vegetable oil and meal production
The European Union (EU) seed crushers and oil processors’ federation (FEDIOL) has issued a statement raising its concerns over the cost and availability of gas and electricity, calling for options to ease pressure to maintain domestic vegetable oil and protein meal production.
15 September 2022 -
Bangchak Corporation forms joint venture with BBGI and Thanachok Oil Light for UCO-based SAF production in Thailand
Thai energy company Bangchak Corporation has announced it has formed a joint venture with vegetable oil collection company Thanachok Oil Light and biofuel producer/distributor BBGI to produce and supply sustainable aviation fuel (SAF) from used cooking oil (UCO) in Thailand.
14 September 2022 -
US renewable diesel capacity up significantly while biodiesel down, EIA says
Renewable diesel production in the USA more than doubled between 2021 and 2022 while biodiesel capacity dropped, Biodiesel magazine reported from US Energy Information Agency (EIA) data.
14 September 2022 -
US soyabean farmers to help fund expansion of Pacific Northwest export terminal
Soyabean producers in the USA have announced that they will help fund the expansion of a Pacific Northwest export terminal, Freight Waves reported.
13 September 2022 -
Indonesia extends palm oil export levy waiver to 31 October
The Indonesian government has extended its policy of waiving palm oil export levies until 31 October, Reuters reported trade minister Zulkifli Hasan as saying.
13 September 2022 -
Singapore microalgae protein project to use Bühler technology to increase processing efficiency
Scientists at a micro-algae protein project in Singapore have announced that they have chosen technology supplied by Swiss multinational plant equipment manufacturer Bühler to increase the laboratory’s processing efficiency.
12 September 2022 -
New regenerative agriculture palm oil project launched in North Sumatra
A coalition of leading international companies has launched a large-scale regenerative agriculture palm oil project in North Sumatra, Indonesia, Eco Business wrote.
12 September 2022 -
Spanish olive oil production forecast to drop due to drought while growers in Jaén face US$1bn loss
Olive oil production in Spain in the current crop year is expected to drop as the country is hit by drought while growers in Jaén province face losses of US$1bn (€1bn), according to an Olive Oil Times report.
12 September 2022 -
Sunflower oil trade in Ukraine led by small players, DeltaWilmar trader says
Small players in Ukraine were combining resources and exporting sunflower oil to nearby countries from little-known river ports, using mainly cash transactions, as the conflict with Russia continues, a vegetable oil trader at DeltaWilmar told S&P Global Commodity Insights.
09 September 2022 -
Putin vows to revise Ukraine grain export deal
Russian president Vladimir Putin has vowed to revise the terms of a United Nations (UN)-brokered Ukrainian grain export deal, Reuters reported on 7 September.
09 September 2022 -
Efeca launches new resource hub to aid sustainable commodity sourcing including palm and soyabean oils
UK-based environmental consultancy Efeca has announced the launch of a sustainable commodities resource hub.
08 September 2022 -
Ukrainian ministry says around 1.5M tonnes of food have left country under grain export deal
A total of 61 cargo ships carrying around 1.5M tonnes of food have left Ukraine under a deal brokered by the United Nations (UN) and Turkey to unblock Black Sea ports, Reuters reported the Ukrainian infrastructure ministry as saying.
08 September 2022
