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.

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.

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.

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.

The United States Department of Agriculture (USDA) has revised its 2021/22 forecast for Indonesia’s palm oil exports down to 25.5M tonnes due to restrictive export policies and weaker global demand.

Indonesian state-owned plantation firm PT Perkebunan Nusantara (PTPN) and Yogyakarta-based Gadjah Mada University (UGM) have started soyabean and sugarcane intercropping trials in East Java, The Jakarta Post reported.

The ageing bulk carrier which moved the first grain export shipment from Ukraine since the Russian invasion appeared to be uninsured for either hull war risk or cargo risk, at least in the London market, Lloyd’s List reported sources as saying.

Leading UK supermarket chain Morrisons has announced it will offer a new range of ‘carbon neutral’ eggs by feeding hens a soya-free diet.

Leading independent vegetable oils and fats storage, processing and logistics company Koole Terminals has acquired Dutch bulk liquid storage operator Alkion Terminals.

Global chemicals and energy company Sasol Chemicals – a business unit of Sasol – has announced that three of its largest manufacturing facilities in Europe have gained certification from the International Sustainability and Carbon Certification (ISCC) system.

Swedish fluid handling, centrifugal and heat transfer company Alfa Laval has completed its acquisition of edible oil and biofuel processing specialist Desmet, part of the Desmet Ballestra Group, the company announced.

Chemicals company Cepsa Química has supplied consumer goods giant Unilever with its first batch of linear alkylbenzene (LAB), a renewable surfactant used as an alternative to traditional fossil LAB used in cleaning and laundry products, the company announced.

The Food and Agriculture Organization of the United Nations (FAO) has announced the launch of a new US$40M project to tackle grain storage shortages in Ukraine.