Oils & Fats International News
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Use of soyabean-based concrete protectant expanding in the USA
A soyabean-based concrete protectant spray developed at Purdue University is being used in the USA to extend the life of concrete roadways and bridges, Inside Indiana Business wrote.
15 May 2023 -
US biofuel production and feedstock consumption up in February
Biofuels production in the USA increased in February, with gains for ethanol, biodiesel and renewable diesel and associated fuels, according to US Energy Information Administration (EIA) data reported by SAF Magazine.
15 May 2023 -
EU oilseed production forecast to rise 4% compared to previous drought-affected year
Oilseed production in the European Union (EU) is forecast to increase by over 4% in the 2023/24 marketing year compared to the previous year, which was hit by drought, according to a report by the United States Department of Agriculture (USDA).
15 May 2023 -
Locus Fermentation Solutions secures US$117M to expand its biosurfactant business
US speciality chemical company Locus Fermentation Solutions (Locus FS) has secured an investment of US$117M to expand its biosurfactant business.
12 May 2023 -
Indonesian plans to trade crude palm oil on local futures exchange
Indonesia plans to trade crude palm oil (CPO) on a local futures exchange scheduled for launch by June, Reuters reports.
12 May 2023 -
Lootah Biofuels to develop UCO biofuel plant in the Maldives
Dubai-based energy company Lootah Biofuels has signed an agreement with Maldives state-owned utility firm Fenaka Corporation to develop its first biofuel production plant from used cooking oil (UCO) outside the United Arab Emirates (UAE), Zawya reported.
11 May 2023 -
Slower growth forecast for Mexican vegetable oil and meal sectors
Mexico’s vegetable oil and meal sectors are expected to show slower growth in the 2023/24 marketing year due to reduced consumer spending power, a forecast slowdown in the country’s economy and persistent inflation, according to a report by the United States Department of Agriculture (USDA).
11 May 2023 -
El Niño likely to affect olive growers
10 May 2023 -
Private sector investors expand oil palm production and processing capacity in Nigeria
Nigeria’s oil palm production and processing capacity are expanding due to private sector investment, according to a report by the United States Department of Agriculture (USDA).
10 May 2023 -
Yield10 Bioscience signs camelina oil offtake agreement with Marathon Petroleum Corp
US agricultural bioscience company Yield10 Bioscience has signed a camelina offtake agreement with US refiner Marathon Petroleum Corp.
09 May 2023 -
Bunge launches regenerative farming pilot programme in Brazil starting with 26 producers in Cerrado region
Global agribusiness giant Bunge has launched a regenerative farming pilot programme in Brazil starting with 26 producers in the Cerrado region.
09 May 2023 -
Spanish drought could increase need for grain imports
Drought conditions in Spain could affect crop production in the country and lead to increased demand for grain imports at a time of growing concern about the Ukrainian grain corridor, AgriCensus wrote.
09 May 2023 -
Another record year forecast for Brazilian soyabean planted area and production
Brazilian soyabean planted area and production are expected to reach new record levels in the 2023/24 marketing year, according to a report by the United States Department of Agriculture (USDA).
08 May 2023