Oils & Fats International News
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Ukrainian crushing companies face tight supply of old and new crop sunflowerseeds
Crushing companies in Ukraine are facing a tight supply of sunflowerseeds due to farmers holding back sales of old crop and low new stocks, compounded by the harvesting campaign’s slow progress due to heavy rainfall, AgriCensus wrote.
07 October 2022 -
Louis Dreyfus first half results show soaring net income
Global agribusiness giant Louis Dreyfus Company (LDC) has announced a 97% increase in net income for the first half of the year.
06 October 2022 -
ADM opens extrusion facility in Serbia to supply non-GM textured soya protein
Global agribusiness giant Archers Daniels Midland (ADM) has announced the opening of an extrusion facility in Serbia to supply non-genetically modified (GM) textured soya protein.
06 October 2022 -
Crop Energies acquires stake in Dutch bio-chemicals start-up Syclus
German renewable ethanol producer Crop Energies has acquired a 50% stake in Dutch bio-chemicals start-up Syclus, the companies announced.
05 October 2022 -
USDA reduces soyabean yield and production forecasts
The United States Department of Agriculture (USDA) has reduced its US soyabean yield and production forecasts in its latest crop protection report, World Grain wrote.
05 October 2022 -
BASF announces partnership with RiKarbon to produce emollients derived from bio-waste
German chemical and biotech giant BASF has formed a partnership with US-based technology start-up RiKarbon to produce emollients derived from bio-waste, the companies announced.
04 October 2022 -
Blockchain partnership set to build infrastructure for global used cooking oil industry
A partnership has been formed between biofuel platform UCO Network and public blockchain VeChainThor to build infrastructure for the global used cooking oil (UCO) industry, UCO Network announced.
04 October 2022 -
Desmet Ballestra to design YPFB’s biodiesel and HVO plant in Bolivia
Engineering and processing plant supplier Desmet Ballestra is set to design state-owned Bolivian oil and gas company Yacimientos Petroliferos Fiscales Bolivianos (YPFB)’s biodiesel and hydrotreated vegetable oil plant (HVO) facility in Bolivia, Biofuels Digest reported.
03 October 2022 -
Neste launches study into transitioning Porvoo refinery into a renewable site and ending crude oil refining in mid-2030s
Finnish renewable fuels producer Neste has launched a study into transitioning its Porvoo site into a renewable and circular site and ending crude oil refining in the middle of the next decade, the company said.
03 October 2022 -
China plans to use less soyabean meal in feed in bid to increase food security
The Chinese government has announced plans to reduce the amount of soyabean meal in feed products as part of a larger plan to boost food security, World Grain reported.
03 October 2022 -
Launch of first Global Palm Oil Barometer to represent smallholders
The first global Palm Oil Barometer report has been launched by international civil society organisation Solidaridad and smallholder producer organisations in Asia, Africa and Latin-America, Solidaridad announced on 15 September.
30 September 2022 -
Russian associations warn of disruption to planting campaign if farmers are called up for military service
Trade associations in Russia are warning that the country’s planting campaign will be disrupted if farmers are called up for military service, according to an AgriCensus report.
30 September 2022 -
Ukraine completes winter rapeseed planting
The winter rapeseed planting campaign in Ukraine was completed in the week ending 26 September, AgriCensus reported from official government data.
29 September 2022