Palm oil

Enhancing Palm Oil Competitiveness through ISPO: Scenarios and Recommendations

Retrieved on: 
Wednesday, December 20, 2023
FFB, ISPO, Palm oil, ANTARA, Agriculture, Government, Certification

The Indonesian Sustainable Palm Oil (ISPO) scheme, initiated in 2011, seeks to establish sustainability standards.

Key Points: 
  • The Indonesian Sustainable Palm Oil (ISPO) scheme, initiated in 2011, seeks to establish sustainability standards.
  • The scenarios presented highlight potential market shifts and underscore the importance of proactive measures for the sustainable development of the palm oil industry.
  • Potential consequences include an emerging illegal market, lower prices for smallholders, and a decline in palm oil market share.
  • The scenarios presented highlight potential market shifts and underscore the importance of proactive measures for the sustainable development of the palm oil industry.

Transforming the Indonesian Palm Oil Industry: Insights from Starbucks' Traceability Journey

Retrieved on: 
Sunday, December 17, 2023
Farmer, Marketing, Investment, McDonald's, Coffee, Revolutionary, Starbucks, Palm oil, Government, Certification

This shift involved the introduction of traceability, allowing consumers to explore the origin and journey of their coffee.

Key Points: 
  • This shift involved the introduction of traceability, allowing consumers to explore the origin and journey of their coffee.
  • Similarly, the Indonesian palm oil industry could adopt a strategy akin to Starbucks to rebuild market trust with good agricultural practices.
  • This approach aligns with the principles that contributed to Starbucks' success in transforming its business model and could be instrumental in revitalizing the reputation and practices of the Indonesian palm oil industry.
  • Applying Starbucks' traceability journey to the Indonesian palm oil industry involves a strategic shift towards transparency, collaboration, and ethical practices.

RSPO Celebrates 20 Years of Impact and Reaffirms the Power of Partnerships for the Next 20

Retrieved on: 
Tuesday, November 21, 2023
Round Table, Bumitama Agri, European Commission, Partnership, Farmer, Palm oil, Assurance, Civil service commission, CTTS, Innovation, RSPO, Climate change, Growth, Certification, Renewable energy

For nearly twenty years, the RSPO has facilitated global change to make the production and consumption of palm oil sustainable.

Key Points: 
  • For nearly twenty years, the RSPO has facilitated global change to make the production and consumption of palm oil sustainable.
  • Starting from 200 members from 16 countries in 2004, RSPO now counts more than 5,700 members in over 100 countries and territories spanning the globe.
  • The RSPO Smallholder Support Fund (RSSF) has provided US$4.2 million in funding to support 44,203 farmers in 12 countries since 2013.
  • The conference also featured the RSPO Excellence Awards, which saw fifteen of its Members nominated for their outstanding contributions to sustainable palm oil.

Historic deal for Preem: Exporting self-produced renewable HVO to the Netherlands

Retrieved on: 
Wednesday, December 20, 2023
Sale, Preem, HVO, Refrigeration, Biofuel, Westerholm, ISCC, Renewable Energy Directive 2018, GHT, SAF, Palm oil, Shell, Renewable energy

A fully renewable HVO, produced at the Gothenburg refinery, has been exported for the first time in the company's history, an important milestone on the company's journey towards a climate-neutral value chain by 2035.

Key Points: 
  • A fully renewable HVO, produced at the Gothenburg refinery, has been exported for the first time in the company's history, an important milestone on the company's journey towards a climate-neutral value chain by 2035.
  • The primary focus is on phasing out fossil fuels and replacing them with renewable aviation fuel (SAF) and biofuels adapted for road transport (HVO).
  • The buyer of 9000 m3 of fully renewable HVO was Shell in the Netherlands.
  • While Preem has previously been a considerable HVO importer, the growing production of renewable fuel is creating new sales opportunities.

Global Natural Oil Polyols Market Size , Share & Trends Analysis Report 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 13, 2023
Chemicals, Plastics, Natural Resources, Other Natural Resources, Manufacturing, Carbon, Research, Jayanta, Furniture, Electronics, Cargill, BASF SE, Food, Soybean, Castor oil, Interiors, USD, BASF, Housing, Growth, Original equipment manufacturer, SE, Common sunflower, Sunflower oil, Palm oil, Vegetable oil, Thermoplastic, Rapeseed oil

The "Natural Oil Polyols Market Size , Share & Trends Analysis Report By Product (Soy oil, Castor oil, Palm oil, Canola oil, Sunflower oil, Others), By Application (Furniture and Interiors, Construction, Electronics & Appliances, Others), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Natural Oil Polyols Market Size , Share & Trends Analysis Report By Product (Soy oil, Castor oil, Palm oil, Canola oil, Sunflower oil, Others), By Application (Furniture and Interiors, Construction, Electronics & Appliances, Others), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The growth of the market is likely to be propelled by the increasing consumption of bio-based polyurethane foams in automotive, construction, electrical and electronics, and other sectors.
  • Soy oil polyols are majorly used as an alternative industrial ingredient for polyurethane products in binder systems, such as carpet backing.
  • The surging demand for soy oil polyols for use in food and animal feed is also estimated to fuel the growth of this segment.

Global Vegetable Oils Strategic Market Report 2023-2030 - Diverse Food and Non-Food Applications Lend Traction to Market Demand - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 30, 2023
Retail, Alternative Energy, Agriculture, Energy, Natural Resources, Food, Beverage, Olive, Vegetable oil, Hydrogenation, Olive oil, Palm oil, Palm kernel oil, Soybean oil, Growth, Kilogram, Coconut oil, Tonne, Others, Table, Peanut oil, Cottonseed oil, Rapeseed oil, Coal

The "Vegetable Oils - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Vegetable Oils - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The provided tables present an extensive analysis of palm, soybean, canola, sunflower & safflower, and other vegetable oils consumption across various geographic regions.
  • The analysis allows for a comprehensive understanding of the global vegetable oils market dynamics, regional variations, and growth prospects over a 16-year perspective.
  • In the United States, the vegetable oils market is marked by the dominance of soybean oil despite the popularity of alternative vegetable oils.

Aerodyne Teams Up With AWS to Solve Complex Industrial Issues With Drone Data

Retrieved on: 
Wednesday, November 29, 2023
Mobile, Wireless, Technology, Drones, Software, Audio, Video, Internet, Hardware, Data Management, IOT (Internet of Things), Artificial Intelligence, Agriculture, Amazon S3, Amazon, Telecommunications, Amazon (company), Palm oil, Disease, Weather, Data analysis, Artificial intelligence, Amazon SageMaker, Machine learning, Farmer, Food security, Atmosphere, Software as a service, S3, AMZN, Aerodyne, Pesticide, AI, ASEAN, AWS, Fertilizer, Mobile phone, Cryptocurrency

1 drone solutions provider , is running its DRONOS software as a service (SaaS) platform on AWS to help drone operators worldwide grow their businesses.

Key Points: 
  • 1 drone solutions provider , is running its DRONOS software as a service (SaaS) platform on AWS to help drone operators worldwide grow their businesses.
  • All-in on AWS, the Malaysia-based startup operates drone solutions for telecommunications, agriculture, surveillance, logistics, and energy industries in 45 countries.
  • Aerodyne created a data lake on AWS using Amazon Simple Storage Service (Amazon S3) to store and turn drone data, including images, satellite, agriculture, and weather data, into actionable insights.
  • “Working with AWS has significantly transformed our ability to resolve complex industrial challenges, expand to more countries, and deepen our footprint in the global drone community.

Easterly’s Maritime Investment Company Acquires Two Additional Chemical Tankers

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Chemicals, Plastics, Maritime, Transport, Manufacturing, Finance, Asset Management, Ship, Distribution, Acquisition, Palm oil, Molasses, Easterly, Dislocation, Stainless steel, Swelling, Shipbuilding

Easterly Asset Management’s (“Easterly”) Maritime Logistics Equity Partners (“MLEP”) today announced the launch of its third chemical tanker investment tranche with the acquisition of two additional vessels.

Key Points: 
  • Easterly Asset Management’s (“Easterly”) Maritime Logistics Equity Partners (“MLEP”) today announced the launch of its third chemical tanker investment tranche with the acquisition of two additional vessels.
  • The acquisition solidifies Easterly’s position as one of the largest western fleets of chemical tankers in the world with 13 vessels.
  • The newly purchased stainless steel tankers are among the biggest chemical tankers in the Easterly MLEP fleet.
  • The strength of the market persists amidst shrinking supply, with chemical tankers retiring faster than new ships are built.

Ardent Mills Announces 'Nourish: Intention & Impact', New Environmental, Social and Governance (ESG) Strategy

Retrieved on: 
Thursday, November 30, 2023
Community, Agriculture, Acquisition, Safety, Organization, Natural Resources, Palm oil, Greenhouse gas, Student, RSPO, Ingredient, Culture, Inclusion, Equity, Trust, Senior, Colorado State University, Compost, Kansas State University, University, Food safety, Guarantee of origin, Water, Mental health, Diversity, Workplace, ESG, Recycling, Renewable energy, Nursing, Food industry, Management, Flour

DENVER, Nov. 30, 2023 /PRNewswire/ -- Ardent Mills, the premier flour-milling and ingredient company, today announced the release of its fiscal year 2023 (FY23) ESG report. Aligned to Ardent Mills' ESG framework, Nourish: Intention & Impact, the report outlines new time-bound goals that cover all aspects of the business, as well as achievements and new programs from the last fiscal year.

Key Points: 
  • "At Ardent Mills, our core values of trust, serving, simplicity and safety guide our commitment to nourish what's next.
  • We progress towards this when we enact people-centered business practices," said Dan Dye, CEO, Ardent Mills.
  • "Our new ESG strategy underscores our continued dedication to intentional and impactful change – both within Ardent Mills and our surrounding communities.
  • The People pillar underscores Ardent Mills' initiatives to cultivate a workplace in which all people thrive personally and professionally.

Bunge and Musim Mas Collaborate to Make Palm Value Chain more Sustainable

Retrieved on: 
Wednesday, November 15, 2023
ISPO, Agriculture, Deforestation in Indonesia, NYSE, Round Table, World Bank Group, Exploitation of natural resources, Palm oil, Climate, International Finance Corporation, RSPO, Farmer, Epidemiology of schizophrenia, Partnership, Musim Mas, Peat swamp forest, Natural rubber, Renewable energy, Sustainability, Bunge

SINGAPORE, Nov. 15, 2023 /PRNewswire/ -- Bunge (NYSE: BG) and Musim Mas Group announced a collaboration to promote the use of sustainable practices among smallholder farmers in Sambas, West Kalimantan, Indonesia. 

Key Points: 
  • SINGAPORE, Nov. 15, 2023 /PRNewswire/ -- Bunge (NYSE: BG) and Musim Mas Group announced a collaboration to promote the use of sustainable practices among smallholder farmers in Sambas, West Kalimantan, Indonesia.
  • The collaboration, co-funded by Bunge and Musim Mas through 2025, aims to train more than 1,000 independent smallholders in sustainable production of palm oil.
  • "Bunge strives to be the preferred sustainable solutions partner for producers and customers," said Ben Vreeburg, Bunge Senior Director of Sustainability.
  • While West Kalimantan only contributes 5% to Musim Mas' supply base, it is integral to the group's overall sustainable sourcing strategy.