Latest Oleochemical News

first ever North Dakota's soy crushing facility

ADM to Build New Soy Crushing Facility to Meet Increasing Demand for Renewable Products

Archer Daniels Midland (ADM), a multinational food processing and commodities trader corporation headquartered in Chicago, announced on Monday its plan to build North Dakota’s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.

Malaysia End-April Palm Oil Stocks Rise by 7.07%

Malaysia’s end-April palm oil hit five-month high on output rise, up by 7.07% from the previous month to 1.55 million tons, data from industry regulator Malaysian Palm Oil Board (MPOB) showed.

Resin Products Businesses

Hexion Completes Sale of Phenolic Specialty Resins, Hexamine and European Forest Products Businesses to Black Diamond and Investindustrial

Hexion, a thermoset resins company based in Ohio, announced last week that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses to the alternative investment firm Black Diamond and Investindustrial, a European group of independently managed investment, holding and advisory companies.

Repsol’s Tarragona Complex consists of a number of facilities that produce a wide range of petroleum products and fuels for industry and transportation.

Repsol Joins Enerkem and Agbar to Build a Waste-to-Chemicals Plant in Spain

Repsol, an energy company headquartered in Spain, has announced that it will join the Ecoplanta Molecular Recycling Solutions (Ecoplanta) project, together with Canadian gasification technology developer Enerkem and Sociedad General de Aguas de Barcelona (Agbar), a global expert in water and waste management, to build a waste-to-chemicals (WtC) plant in Tarragona, Spain.

Malaysia Palm Oil Inventories and Crude Palm Oil price local DEL, Ringgit graph from January 2018 to March 2021

Malaysia End-March Palm Oil Stocks Rise by 10.7%

Malaysia’s end-March palm oil stocks rose more than expected, up by 10.7% from the previous month to 1.45 million tons, data from industry regulator Malaysian Palm Oil Board (MPOB) showed on Monday.

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