Oils & Fats International News
-
IATA says forecast for SAF production to triple to 1.9bn litres this year on track
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.
20 June 2024 -
SD Guthrie reports strong first quarter and rebrands from SD Plantation
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.
19 June 2024 -
Argus launches global biofuels and feedstocks freight rates
Global commodity news and price reporting agency Argus Media has launched freight rates for global biofuels and feedstocks.
19 June 2024 -
Germany approves unrestricted sales of 100% renewable diesel
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.
18 June 2024 -
Avfuel expands SAF supply to France
Global jet fuel supplier Avfuel has expanded its supply of sustainable aviation fuel (SAF) to three French airports.
18 June 2024 -
Thai oil palm smallholders increase production and income from RSPO certification
Oil palm smallholders in Thailand have increased production volumes and their income as a result of Roundtable on Sustainable Palm Oil (RSPO) certification, the RSPO announced.
17 June 2024 -
COFCO delivers first shipment of deforestation-free soyabeans from Brazil
China’s largest food processor and manufacturer COFCO International has delivered its first shipment of deforestation- and conversion-free (DCF) Brazilian soyabeans, World Grain reported.
17 June 2024 -
Global biodiesel production rises to record level
Biodiesel production has reached a record level worldwide, according to International Grain Council (IGC) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
14 June 2024 -
Exolum to build new terminal for biofuel and bulk liquid products at Port of Bilbao
Spanish petroleum logistics firm Exolum is set to invest €20M (US$218M) in a new terminal for the storage of biofuel and bulk liquid products at the Port of Bilbao.
13 June 2024 -
ADM expands Mainz facility with new non-GM soyabean processing line
Global agribusiness giant ADM has expanded its facility in Mainz, Germany, with the addition of a new non-genetically modified (GM) soyabean processing facility.
13 June 2024 -
Philippines to raise biodiesel blending rate to 5% by October 2026
The Philippine government is set to raise the country’s biodiesel blending rate to 5% by October 2026.
12 June 2024 -
Global sunflowerseed output in 204/25 forecast below previous year’s level
Worldwide sunflowerseed production in 2024/25 is expected to remain below the previous year’s record level, according to the latest forecast by the International Grains Council (IGC) reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
12 June 2024 -
Corteva could get boost from EPA block on Bayer selling dicamba products
A US federal court decision blocking German chemical giant Bayer AG and two other companies from selling their dicamba herbicide could boost sales for Corteva Agriscience’s products, according to an industry source quoted in a Des Moines Register report.
11 June 2024