Vegetable oil

Arena Investors, Australian Oilseeds Holdings Limited and EDOC Acquisition Corp. Announce an Investment of up to $7 Million and Plans for a $50 Million ELOC

Retrieved on: 
Jeudi, août 24, 2023

The PIPE is contemplated to be funded in three tranches for consideration of secured convertible debentures and warrants.

Key Points: 
  • The PIPE is contemplated to be funded in three tranches for consideration of secured convertible debentures and warrants.
  • Additional tranches are subject to certain stock performance metrics of the combined company after the Business Combination.
  • I-Bankers Securities, Inc. is serving as financial advisor to EDOC and Ellenoff Grossman & Schole LLP is acting as U.S. legal counsel to EDOC.
  • Olshan Frome Wolosky LLP serves as U.S. legal counsel to Arena and Allens (Australia) serves as Australian legal counsel to Arena on the PIPE investment.

Moolec Science Presents Third Quarter FY 2023 Business Update

Retrieved on: 
Mardi, mai 30, 2023

Luxembourg, May 31, 2023 - (ACN Newswire) - Moolec Science SA (NASDAQ: MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, today reported its business update for the third quarter of Fiscal Year 2023 ended March 31, 2023.

Key Points: 
  • Luxembourg, May 31, 2023 - (ACN Newswire) - Moolec Science SA (NASDAQ: MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, today reported its business update for the third quarter of Fiscal Year 2023 ended March 31, 2023.
  • The main highlights of the Company's business update are as follows:
    - On January 3, the Company started trading on Nasdaq under tickers "MLEC" for the common shares, and "MLECW" for the Company's warrants.
  • - Integration of downstream and upstream capabilities:
    -- Moolec acquired plant-based ingredient capabilities to consolidate Molecular Farming Technology.
  • For a full version of Moolec Third Quarter Fiscal Year 2023 Business Update, click here.

GoMacro® Partnership Benefits Wildlife Conservation for Fourth Consecutive Year

Retrieved on: 
Vendredi, août 11, 2023

GoMacro®, known for its organic, plant-based nutrition bars, is excited to partner with Sheldrick Wildlife Trust for the fourth year in a row.

Key Points: 
  • GoMacro®, known for its organic, plant-based nutrition bars, is excited to partner with Sheldrick Wildlife Trust for the fourth year in a row.
  • Born from a family’s passion for Kenya and its wilderness, the Sheldrick Wildlife Trust was established in 1977 as a pioneering conservation organization dedicated to protecting Africa’s wildlife and preserving habitats for the future of all wild species.
  • Best known for their Orphans’ Project, Sheldrick Wildlife Trust not only operates the most successful orphan elephant rescue and rehabilitation program in the world, but also embraces all measures that complement the conservation, preservation, and protection of wildlife.
  • “As a family-founded company, we’re proud to support a family-founded organization leading the effort in protecting the unique wildlife and environment of East Africa.

Global Palm Oil Market Set to Reach $87.40 Billion by 2028, Driven by Growing Demand and Versatile Applications - ResearchAndMarkets.com

Retrieved on: 
Vendredi, août 11, 2023

Additionally, oil palm farms are becoming more and more important on a worldwide scale because of their productivity and affordability.

Key Points: 
  • Additionally, oil palm farms are becoming more and more important on a worldwide scale because of their productivity and affordability.
  • Consumers worldwide are increasingly drawn to palm oil, particularly due to its elimination of GMOs, gluten, and milk from edible fats, making it a popular choice in the global market.
  • Crude Oil has dominated the global palm oil market since it has less saturated fat than the other types.
  • A sizeable portion of the global palm oil market was accounted for by the end-use segment for biofuel and energy.

Cibus Reports Second Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Mercredi, août 9, 2023

Important greenhouse data continues to show promising results for Cibus’ first disease resistance trait for Sclerotinia resistance.

Key Points: 
  • Important greenhouse data continues to show promising results for Cibus’ first disease resistance trait for Sclerotinia resistance.
  • ET
    SAN DIEGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant traits to seed companies, today announced its financial results for the quarter ended June 30, 2023, and provided a business update.
  • In addition to the milestones that Cibus has already accomplished this year, Cibus has several important milestones that it expects to accomplish in the second half of 2023.
  • Conference Call and Webcast Information: Cibus will host a live webcast on Thursday, August 10, 2023, at 8:00 a.m. Eastern Standard Time to discuss its second quarter 2023 financial results and provide a business update.

Glycerol market size to grow by USD 1.18 billion from 2020 to 2025| Favorable government policies to influence market growth - Technavio

Retrieved on: 
Lundi, août 7, 2023

Hence, such factors fuel the biodiesel segment of the glycerol market during the forecast period.

Key Points: 
  • Hence, such factors fuel the biodiesel segment of the glycerol market during the forecast period.
  • The favorable government policies drive the growth of the glycerol market.
  • Hence, such factors boost the growth of the glycerol market during the forecast period.
  • The glycerol esters market size should rise by USD 36.73 million from 2022 to 2026 at a CAGR of 4.64%.

North Dakota Landscape Awash in Vibrant Yellow Sunflowers

Retrieved on: 
Lundi, juillet 31, 2023

BISMARCK, N.D., July 31, 2023 /PRNewswire/ -- In late July and into August, vast fields of brilliant yellow sunflowers blanket North Dakota during the peak growing season and visitors are awed by the landscape awash in summery hues. This year, North Dakota Tourism invites visitors to celebrate these picturesque fields with the inaugural National Sunflower Day on August 5, 2023.

Key Points: 
  • BISMARCK, N.D., July 31, 2023 /PRNewswire/ -- In late July and into August, vast fields of brilliant yellow sunflowers blanket North Dakota during the peak growing season and visitors are awed by the landscape awash in summery hues.
  • This year, North Dakota Tourism invites visitors to celebrate these picturesque fields with the inaugural National Sunflower Day on August 5, 2023.
  • For visitors planning a picture-perfect road trip for National Sunflower Day and beyond, North Dakota Tourism has launched the state's 2023 Sunflower Blooms Guide detailing the location of more than a dozen stunning sunflower fields.
  • North Dakota Tourism is also making an ideal road trip snack available to visitors with packets of savory sunflower seeds in mailboxes at select fields.

Blue Diamond's New Honey Butter Almonds Hitting Shelves for a Limited Time Only

Retrieved on: 
Jeudi, juillet 27, 2023

For the next six months, Honey Butter Flavored Almonds will be available at Walmart and the Blue Diamond Nut & Gift Shops, as well as through our online store at www.bluediamondstore.com/ .

Key Points: 
  • For the next six months, Honey Butter Flavored Almonds will be available at Walmart and the Blue Diamond Nut & Gift Shops, as well as through our online store at www.bluediamondstore.com/ .
  • Inspired by the popular Korean Honey Butter Chips, these snack almonds boast a velvety smooth blend of honey and buttery flavor.
  • "Honey Butter Almonds were proudly developed by Blue Diamond's R&D scientists to create the perfect flavor balance.
  • Honey Butter Almonds are high in antioxidant Vitamin E, have 5g protein per serving, and are ketogenic and kosher certified.

Palm oil: The myth of corporate plantation efficiency is failing Indonesians and furthering inequality

Retrieved on: 
Jeudi, juillet 27, 2023

Around 50 per cent of the world’s supply is grown in Indonesia, mostly on massive plantations.

Key Points: 
  • Around 50 per cent of the world’s supply is grown in Indonesia, mostly on massive plantations.
  • Indonesia’s governments have consistently supported plantation corporations at the expense of smallholder farms (defined as farms with less than 25 hectares).

Plantations out-competed

    • Globally, crops such as cacao, coffee, tea and rubber previously grown on plantations are now grown mainly by smallholders because they can produce similar yields with lower costs.
    • They note that average yields are higher on plantations than smallholdings, but averages mask significant variations.
    • Read more:
      Growing palm oil on former farmland cuts deforestation, CO₂ and biodiversity loss

      A key reason that some smallholders have low yields is their lack of access to the high quality seeds used on plantations — seeds that yield up to 66 per cent more tons of fruit.

Efficiency in land use

    • Much concession land is steep, peaty and ecologically fragile.
    • Nevertheless, managers pressed to meet corporate targets often plant palms on unsuitable land.
    • Yet they are barred from making any use of the land plantation corporations hold in their concessions, much of it unplanted, and many go hungry.

Saving on labour costs

    • The difference is that plantations also need managers, accountants, overseers and guards, incurring high costs.
    • Yet plantation labour “efficiencies” come with a price: in the plantations we studied, inconsistent labour supply led to poor maintenance and unharvested fruit.

The challenge of transportation and milling

    • Transportation and milling loom large in industry narratives about the superior efficiency of the plantation format, as palm fruit must reach the mill within 48 hours before it spoils.
    • However in Kalimantan where 86 per cent of the palms are grown on giant plantations, giant inefficient mills are the norm.

Principals and agents

    • Plantations also suffer from what economists call the “principal-agent problem”: the principals (corporations and their shareholders) must rely on agents (managers and workers) to carry out production, but their interests are often distinct.
    • Managers and workers seek to capture some of the money that circulates through and around plantations before it flows away.
    • While not perfect, moral codes supplied forms of social control that were lacking in relations between principals and agents on nearby plantations.

If Indonesia’s plantations are not efficient, why do they survive?

    • In the 1930s, the Dutch colonial government protected struggling rubber plantations by suppressing competition from smallholders.
    • Today’s oil palm smallholders are suppressed indirectly by government policies that favour corporations.
    • Making corporate plantations more efficient would not address this fundamental unfairness.

Non-GMO High Oleic Soybean Production Expands to New York and Ohio

Retrieved on: 
Jeudi, juillet 27, 2023

ST. LOUIS, July 27, 2023 /PRNewswire/ -- A new licensing agreement between the Missouri Soybean Merchandising Council (MSMC) and seed company SEEDWAY will increase the supply and availability of heart-healthy high oleic soybean oil through the expansion of SOYLEIC® soybean production in New York and Ohio. This new license is a major step forward for SOYLEIC® soybean production and availability, making non-GMO high oleic soybean oil more accessible across the U.S., meeting increasing demands for higher-performing oils.

Key Points: 
  • ST. LOUIS, July 27, 2023 /PRNewswire/ -- A new licensing agreement between the Missouri Soybean Merchandising Council (MSMC) and seed company SEEDWAY will increase the supply and availability of heart-healthy high oleic soybean oil through the expansion of SOYLEIC® soybean production in New York and Ohio.
  • This new license is a major step forward for SOYLEIC® soybean production and availability, making non-GMO high oleic soybean oil more accessible across the U.S., meeting increasing demands for higher-performing oils.
  • High oleic soybean oil boasts many benefits when compared to conventional oils and brings many attractive traits to the table.
  • And while there are other high oleic soybean varieties on the market, SOYLEIC® is currently the only non-GMO option available.