Oils & Fats International News
-
Agtera finalises investment in US Pacific Northwest export grain terminal
US farmer-owned co-operative Agtegra Cooperative has finalised its minority stake in EGT, which operates an export grain terminal in the US Pacific Northwest, World Grain wrote.
28 November 2022 -
DB Schenker offers SAF to customers for air travel anywhere in the world via virtual booking
German logistics company DB Schenker has announced it is offering sustainable aviation fuel (SAF) to customers for air travel anywhere in the world using virtual allocation.
28 November 2022 -
EU announces measures to ensure fertiliser supply and lower costs
The European Commission has announced a range of measures to ensure fertiliser supply and lower its cost in the EU-27, Olive Oil Times wrote.
28 November 2022 -
ADM forms grains/oilseeds handling joint venture with IMGS Group in Pakistan
Global agribusiness giant ADM has formed a joint venture with Canada-based IMGS Group to handle grains, oilseeds and pulses, along with other foodstuffs, in Pakistan.
25 November 2022 -
Brazil’s new government signals plan to increase biodiesel mandate
The new government of Brazil has indicated that it plans to ramp up the country’s biodiesel schedule – signalling a return to original proposals – in a move likely to lead to higher blend requirements next year, sources told AgriCensus.
25 November 2022 -
GOED forecasts 2% volume growth for omega-3 ingredient use
A new report by the Global Organization for EPA and DHA Omega-3s (GOED) has forecast a 2% volume growth for omega-3 ingredient use, Nutritional Outlook wrote.
24 November 2022 -
FAO report forecasts rise in global food import bill to close to US$2tn due to higher prices
The global food import bill is expected to increase to US$1.94tn this year – higher than earlier estimates, according to a new report by the United Nations (UN)’s Food and Agriculture Organization (FAO).
24 November 2022 -
Bayer announces third quarter earnings above estimates amid ongoing boom in farming prices
German chemical giant Bayer announced third quarter earnings that narrowly topped estimates amid sustained demand for agricultural seeds and chemicals including the weedkiller Roundup, Bloomberg reported on 8 November.
23 November 2022 -
Palm oil conglomerate Sinarmas and Cepsa to increase bio-based chemicals production in Indonesia
Sinarmas Cepsa (SCPL) is expanding production of bio-based chemicals at its site in Lubuk Gaung, Indonesia.
23 November 2022 -
Groundbreaking for glycerine-based ECH plant in Malaysia
Malaysia’s OCiKumho Sdn Bhd held a groundbreaking ceremony for a RM1.7bn (US$373,436M) epichlorohydrin (ECH) plant at the Samalaju Industrial Park in Bintulu on 2 November.
22 November 2022 -
Black Sea Grain corridor deal extended for 120 days
The Black Sea Grain export corridor deal has been extended for 120 days just before it was due to expire on 19 November, AgriCensus reported from an official statement from the Ukrainian Ministry of Infrastructure.
22 November 2022 -
IEA report highlights growth potential for liquid biofuels
A new report by the International Energy Agency (IEA) has forecast that global biofuel consumption could more than double by 2030 and continue to increase until 2050, Ethanol Producer magazine wrote.
22 November 2022 -
Huntsman launches visco-elastic foam with up to 20% vegetable oil-based content
Global chemicals company Huntsman has launched a visco-elastic foam with a vegetable oil content of up to 20% for moulded acoustic components in the car industry, Plastics Today wrote.
21 November 2022