Palm oil production in Indonesia in the 2023/24 marketing year is expected to increase by 3% to 46M tonnes compared to the previous year due to improved yields, according to a report by the United States Department of Agriculture (USDA).

The world’s largest mass microalgae biomass production facility is due to open to this month in the Malaysian state of Sarawak, according to a report in the Borneo Post.

Rapeseed prices in Europe dropped below €450/tonne (US$488/tonne) on 21 March, AgriCensus reported.

US employee-owned agribusiness Scoular has announced that it would be converting a sunflower facility in Goodland, northwest Kansas, into a soyabean/canola crushing plant.

A merger to create the first single-line railway connecting the USA, Mexico and Canada has been approved by the US Surface Transportation Board (STB).

Japanese engineering company JGC Holdings Corporation and energy firm Japan NUS (JANUS) have signed a memorandum of understanding with the Malaysian natural gas, marketing and distribution company Gas Malaysia Bhd (GMB) for a joint study into the conversion of palm oil waste into fuel.

Biotech seed producer Corteva AgriScience, global agribusiness giant Bunge and leading energy company Chevron have formed a partnership to introduce winter canola hybrids that produce plant-based oil with a lower carbon profile.

German chemical and biotech giant BASF has started production of its bio-based polyol product in Mangalore, India, the company announced.

A huge increase in exports of rapeseed and soyabean meal helped India record a 76.78% growth in total oilseed meal exports in the first 11 months of the 2022/23 marketing season, the Hindu Business Line reported.

Spanish multinational oil and gas company Cepsa has announced it is set to invest up to US$1.07bn (€1bn) in a new second generation (2G) biofuel plant at its La Rábida Energy Park facility in Palos de la Frontera, Huelva.

A new study conducted at the University of Vienna has shown that bioplastic bottles provide the same protection from rancidity as polyethylene terephthalate (PET) bottles, World Biomarket Insights wrote.

Leading Ecuadorian palm oil group Grupo Danec has signed a public commitment to “Zero Deforestation and Zero Child Labour”, the Roundtable on Sustainable Palm Oil (RSPO) reported.

Bulgaria has become the top European Union (EU) importer of sunflowerseeds from Ukraine with a 40% share of total EU imports and increased crushing in the 2022/23 marketing year, according to a report by the United States Department of Agriculture (USDA).