Oils & Fats International News
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FMC introduces drone spray services for farmers in India
Agricultural sciences company FMC Corporation has launched drone spray services for farmers in India, Content Media Solutions reported.
22 February 2023 -
Honda set to start SAF production
Leading Japanese multinational car and motorbike manufacturer Honda has plans to start producing sustainable aviation fuel (SAF), the Stars&Stripes reported.
22 February 2023 -
Bunge achieves 80% traceability of soyabeans in indirect supply chain in Brazilian Cerrado
Global agribusiness giant Bunge has achieved 80% traceability of soyabeans in its indirect supply chain in the Cerrado region of Brazil, the company announced.
22 February 2023 -
SCGC and Braskem plan to jointly develop plant-based plastics plant
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.
21 February 2023 -
Lufthansa Group and Varo Energy sign SAF agreement
German airline Lufthansa Group and leading European energy company Varo Energy have signed a sustainable aviation fuel (SAF) production and supply agreement.
21 February 2023 -
Shallow water ports in Ukraine face barge shortage due to grain corridor uncertainty
Ukrainian shallow water ports are facing a shortage of barges for grain trans-shipment to the Romanian port of Constanta due to uncertainty over the extension of the Black Sea Grain Initiative (BSGI) forcing traders to look at less risky options, trade sources told AgriCensus.
21 February 2023 -
EIA report forecasts US renewable diesel production capacity could more than double by end of 2025
US renewable diesel production capacity could more than double by the end of 2025 due to new projects either underway or planned, according to a report by the US Energy Information Administration (EIA).
20 February 2023 -
Philippines aims to boost coconut oil production
The Philippine government is planning to boost coconut oil production to meet increasing demand, Bloomberg reported.
20 February 2023 -
Indonesia suspends two-thirds of palm oil exports ahead of Ramadan and Eid
The Indonesian government has suspended two-thirds of palm oil exports in a bid to secure domestic cooking oil supplies ahead of Ramadan and Eid, according to a report by the United States Department of Agriculture (USDA) report.
20 February 2023 -
Shell’s Equilon Enterprises forms joint venture with S&W Seed Company to develop and produce biofuel feedstocks
Equilon Enterprises, part of global energy company Shell, has entered a joint venture with leading agricultural firm S&W Seed Company to develop novel plant genetics for oilseed cover crops as biofuel feedstocks, S&W announced.
17 February 2023 -
USDA forecasts 2022/23 palm oil consumption in Indonesia to rise due to increasing demand from biodiesel sector
Palm oil consumption in Indonesia in 2022/23 is expected to rise to 19.4M tonnes due to increasing demand from the biodiesel sector following the government’s introduction of higher mandatory blending rates, according to a report by the United States Department of Agriculture (USDA).
17 February 2023 -
EcoCeres to build second biofuel plant utilising used cooking oil and palm oil mill wastewater
Hong Kong start-up EcoCeres has announced plans to build a second plant to turn waste oil into low-carbon fuel for aircraft and cars, the South China Morning Post (SCMP) reported.
16 February 2023 -
EU plans to cooperate with Ukraine on renewable energy and hydrogen
The European Union (EU) and Ukraine are planning to increase cooperation in the renewable energy and hydrogen sectors to aid development in the country, which has had its energy system severely damaged by Russian attacks, according to a draft document seen by Reuters.
16 February 2023