Berita Arkib

13/08/2024 (Business Wire), Boca Raton - The Seed Oil Free Alliance announced today that professional chefs and home cooks shopping for Seed Oil Free Certified™ cooking oils now have an exciting new alternative as two US-based companies are harnessing technology to produce cooking oil from microalgae. Spotlight Foods is the first company producing oil through fermentation to complete certification by the Seed Oil Free Alliance alongside retailer Algae Cooking Club. Seed Oil Free Certification of both companies’ products followed independent lab testing by the Seed Oil Free Alliance.

13/08/2024 (Offshore Technology) - TotalEnergies announced that its maritime arm had supplied its first B100 biofuel bunker to Singapore on 5 August.

15/08/2024 (Biodiesel Magazine) - The California Air Resources Board on Aug. 12 published a notice outlining modifications to its proposed Low Carbon Fuel Standard amendments, including those related annual carbon intensity (CI) targets, biomass-based diesel feedstocks, and sustainable aviation fuel (SAF).

14/08/2024 (UkrAgroConsult) - In the August FAS USDA report, the forecast for the world production of vegetable oils in MY 2024/25 was reduced by 0.95 to 227.1 million tons (223.92 million tons in MY 2023/24; 223.88 million tons in MY 2022/23 and 218 .33 million tons in MY 2021/22), in particular sunflower – by 0.91 to 20.58 (22.19) million tons and palm oil – by 0.36 to 79.83 (79.03) million tons, which partially will be compensated by an increase in the production of rapeseed oil by 0.26 to 34.19 (34.18) million tons and soybean oil – by 0.16 to 65.52 (62.32) million tons.

13/08/2024 (The Edge Malaysia), Kuala Lumpur - Cooking oil distributor Sik Cheong Bhd (KL: SCB) has implemented a strategy to minimise its exposure to crude palm oil (CPO) price fluctuations by maintaining a swift inventory turnover, according to managing director Wong Hing Ngiap.

13/08/2024 (Business Recorder) - Malaysian palm oil futures ended lower on Monday, ending a two-session rise as softening exports in early August and a stronger ringgit outweighed tightening inventories.

13/08/2024 (Chronicle Live) - Newcastle International Airport are set to power vehicles with vegetable oil to reduce carbon dioxide emissions by up to 90%. Currently, 31% of the vehicle fleet are already electric and those remaining will now switch from diesel fuel to hydrotreated vegetable oil.

13/08/2024 (Open for Business) - Rapeseed oil exports in July-June 2023-2024 marketing year (MY) reached a record high of more than 420,000 tons, Ukroliaprom association said.

12/08/2024 (Bernama), Kuala Lumpur - Malaysia’s palm oil exports surged 39.92% to 1.69 million tonnes in July 2024 from 1.21 million tonnes in June 2024, according to the Malaysian Palm Oil Board (MPOB).

12/08/2024 (New Straits Times), Kuala Lumpur - RHB Investment Bank Bhd (RHB Research) forecasts that long-term crude palm oil (CPO) prices will range between RM3,000 and RM3,500 per tonne, driven by increasing costs and rising demand.

13/08/2024 (Biodiesel Magazine) - The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimate report, released Aug. 12. The forecast for soybean production was revised up.

12/08/2024 (People Daily) - The edible oil programme initiated by the government to bring down the cost of the commodities in the country did not have any impact on the prices despite the government pumping Ksh 14.4 billion into the programme.