Oils & Fats International News
-
Cargill and CHS set to expand export activities of joint venture
Global agribusiness giant Cargill and US agribusiness co-operative CHS plan to expand the export side of their joint venture TEMCO.
19 January 2023 -
Olam planning Singapore/Saudi Arabia IPO for Olam Agri in first half of this year
Global food and agribusiness company Olam Group has announced plans to list its majority-owned agribusiness subsidiary Olam Agri Holdings on the Singapore Exchange in the first half of this year.
19 January 2023 -
US agricultural exports to China reach record level in 2022
The USA exported agricultural goods to China with a record value of US$36.4bn in the 2022 fiscal year, according to United States Department of Agriculture (USDA) data reported by AgriCensus.
18 January 2023 -
BWC Terminals completes acquisition of IMTT’s bulk liquids storage terminal in Gretna, Lousiana
US bulk liquid storage and logistics provider BWC Terminals has completed its acquisition of IMTT’s Gretna Terminal located in Harvey, Louisiana.
18 January 2023 -
New CRISPR/Cas9 technique could improve crop yields
A new CRISPR/Cas9 technique has been developed which could be used to improve crop yields, Phys Org wrote.
17 January 2023 -
Vegetable oil leads dip in world food prices in December
A drop in global food prices in December for the ninth consecutive month was driven by lower vegetable oil prices, the United Nations’ Food and Agriculture Organization (FAO) reported.
17 January 2023 -
Global fish oil and meal prices expected to ease from last year’s high due to increased supply
Worldwide prices for fish oil and meal are expected to ease this year compared to last year’s high due to increased supply, according to a report by Rabobank.
17 January 2023 -
Futerro proposes to set up PLA biorefinery in France
Belgian bio-polymer manufacturer Futerro has announced it has plans to build a polylactic acid (PLA) biorefinery in Normandy, France.
16 January 2023 -
DSM teams up with Axis Communications to deliver camera parts made with castor bean oil
Swedish network video specialist Axis Communications has produced camera parts using a polyamide made from castor bean oil developed by DSM Engineering Materials – part of Dutch chemicals company DSM.
16 January 2023 -
MPOC urges EU to include palm oil wastes and residues in bioenergy use
The Malaysian Palm Oil Council (MPOC) has urged the European Union (EU) to include palm oil wastes and residues in bioenergy use.
16 January 2023 -
US agricultural exports forecast to drop this year driven by reduced soyabean, cotton and corn sales
Agricultural exports in the USA are forecast to drop this fiscal year due to reduced sales of soyabeans, cotton and corn, according to data from the Economic Research Service (ERS) of the US Department of Agriculture (USDA) reported by World Grain.
13 January 2023 -
Palm oil exports from Indonesia may fall due to DMO and increased biodiesel blending mandate
Indonesian exports of palm oil could fall due to the combined effects of an increase in the country’s domestic market obligation (DMO) and a 5% increase in its palm oil biodiesel mandate from 1 February, Mintec Global reported.
13 January 2023 -
Japan’s Mitsui proposes building US$550M bioplastics plant in USA
Japanese trading house Mitsui & Co has proposed building a bioplastics factory in the south eastern region of the USA, creating one of the largest production sites worldwide for the plant-based packaging material, Nikkei Asia reported.
12 January 2023