Oils & Fats International News
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BASF sources 100% RSPO-certified palm kernel oil in 2021
German chemical and biotech giant BASF has again reached its target of procuring 100% of its palm kernel oil (PKO) exclusively from Roundtable on Sustainable Palm Oil (RSPO)-certified sources, the company announced.
26 August 2022 -
New study indicates wild wheat gene could provide protection against insects
A University research team in Israel has published the results of its study of a variety of wild wheat for traits that could be bred into cultivated wheat to protect it from insects, the university announced on 8 August.
25 August 2022 -
New oil palm hybrid launched in India
Leading Indian oil palm company 3F Oil Palm has announced the launch of a new high-yield oil palm hybrid in the country, The Hindu BusinessLine reported.
25 August 2022 -
American Airlines links up with Gevo for SAF agreement
Leading US airline American Airlines (American) has announced it has finalised an agreement with renewable chemicals and advanced biofuels company Gevo for the supply of sustainable aviation fuel (SAF).
24 August 2022 -
US Senate passes act to modernise US waterways infrastructure
The US Senate has passed an act to unlock and progress a range of major projects aimed at modernising the country’s waterways infrastructure, US senator Patty Murray posted on her website.
24 August 2022 -
Petrobras and Bunge sign feedstock supply deal for R5 production in Brazil
Brazil’s state-run oil company Petrobras has announced it has signed a deal with global agribusiness giant Bunge for the supply of raw material used in the production of R5 diesel.
23 August 2022 -
Darling Ingredients completes acquisition of Brazilian independent rendering company FASA Group
US renderer and renewable diesel producer Darling Ingredients has completed its acquisition of Brazil’s largest independent rendering company FASA Group, the company announced.
23 August 2022 -
Hyundai Oilbank and Lotte Confectionery sign UCO biodiesel deal
South Korean oil refiner Hyundai Oilbank and Lotte Confectionery have signed a deal to produce biodiesel from used cooking oil (UCO), the Korean JoonAng Daily reported.
22 August 2022 -
Mitsui partner with Cosmo Oil to study LanzaJet technology for SAF production in Japan
Leading energy company Mitsui & Co (Mitsui) has formed a partnership with petrochemical firm Cosmo Oil to study LanzaJet technology for the production of sustainable aviation fuel (SAF) in Japan, the companies announced.
22 August 2022 -
Wilmar posts record net profits for first half of this year
Leading Asian agribusiness Wilmar International (Wilmar) has announced record net profits of US$1.165bn for the first half of this year following improved performance in all key business units.
22 August 2022 -
POET acquires Savannah transload facility to expand global network
Leading US biofuel producer Poet has announced it has signed an agreement with Savannah Marine Terminal (SMT) to acquire its rail-to-container transload facility in Savannah, Georgia.
19 August 2022 -
India to restart Ukraine sunflower oil imports as Black Sea corridors set to open for exports
The first shipments of sunflower oil from Ukraine look set to arrive in India – the world’s biggest edible oil importer – in September after a five-month gap, Bloomberg reported Mumbai-based vegetable oil broker and trader Sunvin Group as saying.
19 August 2022 -
Bayer, Bunge and Chevron sign shareholders’ agreement on Bayer’s majority ownership acquisition of CoverCress
German chemical giant Bayer has acquired a majority share of US pennycress start-up company CoverCress Inc (CCI) after signing a shareholders’ agreement with Bunge and Chevron, Bayer announced.
18 August 2022