Palm oil

Global Edible Oil and Fats Market Report 2023: Sector is Expected to Reach $831.1 Billion by 2030 at a CAGR of 7.5% - ResearchAndMarkets.com

Retrieved on: 
Monday, June 12, 2023

Lockdown measures in many countries led to a decrease in demand for edible oils and a decrease in prices.

Key Points: 
  • Lockdown measures in many countries led to a decrease in demand for edible oils and a decrease in prices.
  • This was due to the closure of restaurants and other food service businesses, which are major consumers of edible oils.
  • As the pandemic continued, the prices of edible oils fluctuated as demand for edible oil changed.
  • The edible oil category is further segmented into soyabean oil, sunflower oil, olive oil, coconut oil, palm oil, and others.

Global Smart Farming Market Analysis Report 2022-2023 & 2027 Featuring Key Players in Precision Farming and Farm Management, Livestock Monitoring and Management, and Aquaculture

Retrieved on: 
Monday, June 12, 2023

The smart farming market is in a growing phase owing to different advanced technologies in the market.

Key Points: 
  • The smart farming market is in a growing phase owing to different advanced technologies in the market.
  • The use of smart farming technologies has positive impact of agriculture operations and livestock farming.
  • The global smart farming market in the application segment is expected to be dominated by precision farming applications.
  • The global smart farming market has seen major development by key players operating in the market, such as acquisition, partnership, agreement, business expansion, and product launches.

Global Smart Farming Market Analysis Report 2022-2023 & 2027: Focus on Solutions, Applications, Adoption Framework, Startup Analysis, Patent Analysis, and Value Chain - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 7, 2023

The "Global Smart Farming Market - A Global and Regional Analysis: Focus on Solution, Application, Adoption Framework and Country-Wise Analysis, Startup Analysis, Patent Analysis, and Value Chain - Analysis and Forecast, 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Smart Farming Market - A Global and Regional Analysis: Focus on Solution, Application, Adoption Framework and Country-Wise Analysis, Startup Analysis, Patent Analysis, and Value Chain - Analysis and Forecast, 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The smart farming market is in a growing phase owing to different advanced technologies in the market.
  • The global smart farming market in the application segment is expected to be dominated by precision farming applications.
  • The global smart farming market has seen major development by key players operating in the market, such as acquisition, partnership, agreement, business expansion, and product launches.

UMeWorld Limited to Purchase Three Palm Oil Mills Totaling Two Million Metric tons of Capacity for $90 Million of Convertible Preferred Equity at $4 Per Share

Retrieved on: 
Tuesday, May 30, 2023

MIAMI, May 30, 2023 (GLOBE NEWSWIRE) -- UMeWorld Limited (OTC:PINK UMEWF) has signed a binding Letter of Intent to purchase three Palm oil mills totaling 240 TPH (Tons per Hour) - 300 TPH production capacity in three separate locations in Malaysia. This represents nearly 2 million metric tons of Fresh Fruit Bunches (FFBs) production capacity with roughly net through put of 600 thousand metric tons per year or approximately 3.3 million barrels of Crude Palm Oil (CPO) per year of licensed capacity. As of the end of April, the price of Malaysian palm oil was about $1,000/ton. Current market value of this capacity is $600 million of revenue per year or about $5.40 per outstanding share.

Key Points: 
  • MIAMI, May 30, 2023 (GLOBE NEWSWIRE) -- UMeWorld Limited (OTC:PINK UMEWF) has signed a binding Letter of Intent to purchase three Palm oil mills totaling 240 TPH (Tons per Hour) - 300 TPH production capacity in three separate locations in Malaysia.
  • This represents nearly 2 million metric tons of Fresh Fruit Bunches (FFBs) production capacity with roughly net through put of 600 thousand metric tons per year or approximately 3.3 million barrels of Crude Palm Oil (CPO) per year of licensed capacity.
  • The Company will issue Convertible Preferred Equity of $90 million, which is convertible at a floor of $4 per share.
  • Having the premier ESG refining technology will position us to benefit from Malaysia’s huge investment commitment to sustainable palm oil capacity growth.

US Foods Highlights Corporate Social Responsibility Progress in 2022 Report

Retrieved on: 
Tuesday, May 30, 2023

US Foods Holding Corp. (NYSE: USFD) – one of America’s leading foodservice distributors – announced today the release of the company’s 2022 Corporate Social Responsibility (CSR) Report .

Key Points: 
  • US Foods Holding Corp. (NYSE: USFD) – one of America’s leading foodservice distributors – announced today the release of the company’s 2022 Corporate Social Responsibility (CSR) Report .
  • Within the comprehensive report, US Foods highlights 2022 progress across its sustainable product offerings, support for associates and communities, and initiatives to reduce the environmental impact of its operations.
  • This report is the first to include progress against the company’s formal greenhouse gas (GHG) emission reduction targets as approved by the Science Based Targets initiative (SBTi) in December 2022 and showcases strong progress made in 2022.
  • To view the US Foods 2022 CSR Report, visit the company’s website at usfoods.com/csr .

Kao Releases Progress Reports on its ESG Strategy—the Kirei Lifestyle Plan

Retrieved on: 
Friday, May 26, 2023

Kao Corporation (TOKYO:4452), a Japan-based Group whose brand portfolio includes Attack, Bioré, Goldwell, Jergens, John Frieda, Kanebo, Laurier, Merries, and Molton Brown, released progress reports on its ESG (Environmental, Social, and Governance) strategy— the Kirei Lifestyle Plan .

Key Points: 
  • Kao Corporation (TOKYO:4452), a Japan-based Group whose brand portfolio includes Attack, Bioré, Goldwell, Jergens, John Frieda, Kanebo, Laurier, Merries, and Molton Brown, released progress reports on its ESG (Environmental, Social, and Governance) strategy— the Kirei Lifestyle Plan .
  • In April 2019, Kao established the Kirei Lifestyle Plan, which is an ESG strategy that includes 19 leadership action themes to achieve a sustainable and desirable way of living.
  • Therefore, it is increasingly important that we drive forward our ESG strategy the Kirei Lifestyle Plan to realize a truly sustainable society while enhancing our business and minimizing risks.
  • The ESG strategy the Kirei Lifestyle Plan consists of the vision, the Kao commitments and 19 leadership action themes (Kao Actions) to realize a Kirei Lifestyle.

Kendamil, European Whole Milk Formula, Announces Latest Expansion Into Walmart

Retrieved on: 
Tuesday, May 23, 2023

DENVER, May 23, 2023 /PRNewswire/ -- Kendamil, the Queen's Award-winning, European-made infant formula, is expanding into Walmart. Kendamil is committed to providing accessible excellence and affordable infant formulas to millions of families across the U.S. Now available in more stores than ever, Kendamil's Classic Infant Formula and Organic Infant Formula can be found on the shelves of 1,000 select Walmart stores, and on Walmart.com.

Key Points: 
  • "Our mission is to provide the highest quality products at an affordable price that are accessible to every parent.
  • We are confident Kendamil's expansion into Walmart will provide parents with greater accessibility to more affordable high-quality formula," said Ross McMahon, CEO of Kendal Nutricare.
  • We are eager to continue providing our award-winning formula to thousands of families in Walmart stores and online.
  • To find a store near you or learn more about the brand, visit us.kendamil.com , and follow @kendamil.usa on Instagram and TikTok .

KCI, a subsidiary of Samyang Group, has been awarded a 'Gold Medal' in EcoVadis' ESG Rating, placing the company in the top 5% worldwide.

Retrieved on: 
Tuesday, May 23, 2023

As a key supplier of materials to L'Oreal, the largest global cosmetics company, KCI has undergone annual assessments by EcoVadis since 2013.

Key Points: 
  • As a key supplier of materials to L'Oreal, the largest global cosmetics company, KCI has undergone annual assessments by EcoVadis since 2013.
  • In 2017, KCI was awarded a Silver Medal, and the recent Gold Medal reflects the company's continuous efforts and improvement in its ESG system.
  • KCI places utmost priority on corporate ethics and proactiveness to climate change initiatives across all its divisions and operational activities.
  • The company obtained the 'RSPO (Roundtable on Sustainable Palm Oil)' certification in 2016, a consultative body for sustainable palm oil production.

Biofuel Industry Prioritizes ESG-focused Decision-Making for Low-Carbon Economy - Astra ESG Solutions

Retrieved on: 
Tuesday, May 23, 2023

The global push to replace fossil fuels with biofuels has sparked innovations and prompted industry players to invest in renewable feedstock.

Key Points: 
  • The global push to replace fossil fuels with biofuels has sparked innovations and prompted industry players to invest in renewable feedstock.
  • Learn more about the practices & strategies being implemented by industry participants from the Biofuel Industry ESG Thematic Report, 2023 , published by Astra ESG Solutions
    Businesses are responding to the need for low-carbon fuels to help decarbonize the automotive, transport, marine and aviation sectors.
  • Robust history of good governance and manufacturing biofuel ethically will enable companies to bring ESG solutions to farmers and customers.
  • These ESG trends validate Grand View Research's projected CAGR of the global biofuel market at 6.9% between 2019 and 2024.

Biofuel Industry Prioritizes ESG-focused Decision-Making for Low-Carbon Economy - Astra ESG Solutions

Retrieved on: 
Tuesday, May 23, 2023

The global push to replace fossil fuels with biofuels has sparked innovations and prompted industry players to invest in renewable feedstock.

Key Points: 
  • The global push to replace fossil fuels with biofuels has sparked innovations and prompted industry players to invest in renewable feedstock.
  • Learn more about the practices & strategies being implemented by industry participants from the Biofuel Industry ESG Thematic Report, 2023 , published by Astra ESG Solutions
    Businesses are responding to the need for low-carbon fuels to help decarbonize the automotive, transport, marine and aviation sectors.
  • Robust history of good governance and manufacturing biofuel ethically will enable companies to bring ESG solutions to farmers and customers.
  • These ESG trends validate Grand View Research's projected CAGR of the global biofuel market at 6.9% between 2019 and 2024.