Oils & Fats International News
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Russian attack at Pivdennyi port hits commercial vessel days after major air strike at Odessa damages Ukrainian grain storage facilities and infrastructure
An attack by Russia on the port of Pivdennyi on 8 November hit a commercial vessel, AgriCensus reported Ukrainian authorities as saying.
09 November 2023 -
Ocean freight rates for US grain drop in third quarter
Ocean freight rates for shipping grain from the US Gulf and Pacific Northwest dropped in the third quarter compared to the previous quarter and the previous year, according to a report by the United States Department of Agriculture (USDA)) reported by World Grain.
08 November 2023 -
Mississippi barge rates dropping despite little improvement in water levels
Barge rates on the Mississippi river are dropping despite water levels remaining low and ongoing restrictions on barge movements, FreightWaves reported.
08 November 2023 -
Sumitomo Chemical building ethanol-to-propylene pilot facility in Japan
Leading Japanese chemical company Sumitomo Chemical has started building an ethanol-to-propylene pilot facility in Japan.
07 November 2023 -
LDC constructing soyabean processing plant in Ohio
Global agribusiness giant Louis Dreyfus Company (LDC) is building a soyabean processing plant in Upper Sandusky, Ohio.
07 November 2023 -
Bunge agribusiness earnings down 11% in third quarter
Global agribusiness giant Bunge’s agribusiness third quarter earnings were down by 11% compared to the same period in the previous year.
07 November 2023 -
EU rapeseed imports decline
Rapeseed imports to the European Union (EU) in the first quarter of the current crop year were lower than in the same period of the previous year, according to a report by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).
06 November 2023 -
Repsol licenses Honeywell Ecofining technology to produce renewable fuels at facility in Puertollano
Spanish energy company Repsol has licensed Honeywell’s Ecofining technology to produce renewable fuels at its facility in Puertollano.
06 November 2023 -
Argentina extends soya dollar scheme to all products until 17 November
The Argentine government has extended the soya dollar scheme to all products until 17 November – two days before the run-off upcoming presidential election, AgriCensus reported.
06 November 2023 -
LDC acquires grain facility in Argentina
Global agribusiness giant Louis Dreyfus Company (LDC) has acquired a grain and oilseeds facility in the Trilí province of La Pampa, Argentina, World Grain reported.
03 November 2023 -
Bayer found liable in Roundup cancer trial
German chemical giant Bayer has been ordered to pay US$175M to a retired restaurant owner who claimed his cancer was due to the company’s Roundup weedkiller, Reuters reported.
03 November 2023 -
Nextgreen Resources creates biodiesel and UCO trading JV in Malaysia
Nextgreen Global Bhd’s wholly-owned Malaysian unit has formed a joint venture with P Teguh Services Sdn Bhd in Malaysia to trade, supply and export biodiesel, used cooking oil (UCO) and related products.
02 November 2023 -
Ukraine’s grain deliveries to Black Sea ports boosted by success of new export route
The success of Ukraine’s new Black Sea export corridor has led to a sharp increase in the number of rail wagons heading to ports in the Odessa region, a senior railways official was quoted as saying by Reuters.
02 November 2023