High olive oil prices could be affecting overall demand in Europe, Olive Oil Times reported trade associations representing producers as saying.

Bulk storage company Stolthaven Terminals is teaming up with cooking oil supply and collection company Olleco to build a used cooking oil (UCO) processing plant at its Dagenham facility in the UK.

The Chinese government is pushing for increased production of edible oils and soyabeans in a bid to boost grain self-sufficiency, World Grain reported state media as saying.

German chemical giant Bayer has appointed Bill Anderson as its new chief executive officer.

Sunflower oil exports in the first four months of the 2022/23 marketing year (September-December) from Ukraine fell by 14% but shipments of refined sunflower oil increased by 2.6%, UkrAgroConsult reported.

Edible oil imports in India increased by 33% in January to 1.6M tonnes, driven by higher purchases of sunflower oil, the Economic Times reported from information published by industry body the Solvent Extractors' Association of India (SEA).

Petronas Research (PRSB), a subsidiary of Malaysian petroleum company Petronas, has teamed up with SEDC Energy to develop technology for micro-algae oil production.

The United States Department of Agriculture (USDA) has lowered its oilseed production forecast for 2022/23 by 6M tonnes.

Agricultural sciences company FMC Corporation has launched drone spray services for farmers in India, Content Media Solutions reported.

Leading Japanese multinational car and motorbike manufacturer Honda has plans to start producing sustainable aviation fuel (SAF), the Stars&Stripes reported.

Global agribusiness giant Bunge has achieved 80% traceability of soyabeans in its indirect supply chain in the Cerrado region of Brazil, the company announced.

Leading Asian integrated petrochemicals firm SCGC Chemicals has announced plans to jointly develop a plant-based plastics plant with Brazilian petrochemical company Braskem, the Bangkok Post reported.

German airline Lufthansa Group and leading European energy company Varo Energy have signed a sustainable aviation fuel (SAF) production and supply agreement.