Palm oil

Golden Agri-Resources Move to New Location Marks Renewed Ambition for Integrated Agribusiness in Europe

Retrieved on: 
Thursday, May 4, 2023

Europe is the world's primary consumer of sustainable palm oil, accounting for 45% of total global use of certified sustainable palm oil .

Key Points: 
  • Europe is the world's primary consumer of sustainable palm oil, accounting for 45% of total global use of certified sustainable palm oil .
  • GAR's new office location, Central Park Utrecht , has been selected with sustainability in mind, in line with the agribusiness' commitment to advancing sustainability in the palm oil sector.
  • BREEAM is regarded as the world's leading science-based suite of validation and certification systems for sustainability in the built environment.
  • The office, which houses more than 40 employees, is the largest outpost in the company's Europe and Latin America (LatAm) network.

Dabeeo Signs MOU for Monitoring Palm Oil Plantation in Malaysia

Retrieved on: 
Thursday, May 4, 2023

The palm oil plantation that has corporated with Saba Legend covers an area of about 300km2, the size of about 42,000 football fields.

Key Points: 
  • The palm oil plantation that has corporated with Saba Legend covers an area of about 300km2, the size of about 42,000 football fields.
  • Mohamed Ishaber Hassan, CEO of Saba Legend, said, "Managing and monitoring a large palm oil farm requires a great amount of labor and time.
  • We are very optimistic with Dabeeo corporations, given that Sabah is a land mass state in Malaysia where 68% is covered with forest.
  • The efficient management using Dabeeo's technology and satellite images will be highly conducive to the management of palm oil productivity.

Calyxt Reports First Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Monday, May 1, 2023

ROSEVILLE, Minn., May 1, 2023 /PRNewswire/ -- Calyxt, Inc. (Nasdaq: CLXT), a plant-based synthetic biology company, today announced operating and financial results for its first quarter ended March 31, 2023.

Key Points: 
  • ROSEVILLE, Minn., May 1, 2023 /PRNewswire/ -- Calyxt, Inc. (Nasdaq: CLXT), a plant-based synthetic biology company, today announced operating and financial results for its first quarter ended March 31, 2023.
  • As a result of the settlement, Calyxt received $750 thousand in the fourth quarter of 2022 and $750 thousand in the first quarter of 2023.
  • Financial Results for the Three Months Ended March 31, 2023
    Cash and cash equivalents totaled $2.1 million as of March 31, 2023.
  • Total operating expenses were $4.5 million in the first quarter of 2023 compared to $6.1 million in the first quarter of 2022.

Cavitation Technologies, Inc. Announces Low-Pressure Nano Reactor System Purchase Order for Biodiesel Production

Retrieved on: 
Tuesday, April 25, 2023

Biodiesel production is important for its potential to provide a more sustainable and environmentally friendly alternative to traditional diesel fuel, while also offering economic and energy security benefits.

Key Points: 
  • Biodiesel production is important for its potential to provide a more sustainable and environmentally friendly alternative to traditional diesel fuel, while also offering economic and energy security benefits.
  • Neil Voloshin, CEO of Cavitation Technologies, Inc., commented: “The quality of the biodiesel produced from low-grade feedstock utilizing Biodiesel Nano Reactor® was found to be superior to the quality of biodiesel being produced utilizing conventional methods and technologies.
  • The growth of the biodiesel industry in Colombia has been mainly driven by palm oil, which is the country's primary feedstock for biodiesel production.
  • Colombia is one of the world's top producers of palm oil, and the oil is readily available, making it a cost-effective feedstock for biodiesel production.

Global Palm Oil (Crude, Kernel, Organic, Conventional) Market Factbook, 2018-2021 & 2023-2028 with 2022 as the Base Year - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 25, 2023

The Global Palm Oil Market is expected to generate USD 105 billion by the end of 2028, up from USD 67 billion in 2021.

Key Points: 
  • The Global Palm Oil Market is expected to generate USD 105 billion by the end of 2028, up from USD 67 billion in 2021.
  • Perhaps the main factor in the value of palm oil is its adaptability, which accounts for the expansion of the palm oil booming industry.
  • The report analyses the Palm Oil Market by Palm Oil Type (Crude, Kernel, Organic, Conventional).
  • Also, the attractiveness of the market has been presented by region, by Palm Oil Type, Palm Oil Nature and By End-Use.

Celebrate Earth Month Every Month with Eco-Friendly Viori Shampoo, Conditioner and Body Bars

Retrieved on: 
Thursday, April 20, 2023

OREM, Utah, April 20, 2023 /PRNewswire-PRWeb/ -- Viori™, an all-natural hair cosmetics brand has made the environment one of its top priorities. Earth Day is April 22nd but at Viori, it's 365 days a year. The company makes highly effective, natural cosmetics. They are sulfate-free, paraben-free, phthalate-free, pH balanced, 100% vegan, plastic-free, sustainable, cruelty-free, and ethically sourced.

Key Points: 
  • Earth Day is April 22nd but at Viori, it's 365 days a year.
  • In addition to Viori eliminating the use of plastic bottles, the company doesn't use plastic in any of its packaging or shipping containers.
  • "Getting beautiful results and being kind to the environment can go hand in hand," said Tszman Fisher, co-founder of Viori.
  • Viori Shampoo and Conditioner bars are sulfate-free, paraben-free, phthalates-free, pH balanced, natural, 100% vegan, plastic-free, sustainable, cruelty-free, and ethically sourced.

Supply Chain Mapping Pioneer Sourcemap Sees 2,000% Growth in Demand for Anti-Deforestation Platform in Wake of Landmark EU Regulation

Retrieved on: 
Thursday, April 20, 2023

NEW YORK, April 20, 2023 /PRNewswire/ -- Sourcemap, the leading global provider of supply chain mapping and monitoring software, announced a 2,000 percent growth in demand for its Anti-Deforestation Platform in response to the landmark EU Deforestation Regulation adopted on April 19, 2023. The only automated solution for deforestation risk management and compliance available on the market today, Sourcemap's Anti-Deforestation Platform provides customers with real-time farm mapping, deforestation monitoring and reporting to help businesses comply with new and emerging regulations globally.

Key Points: 
  • Pending the official publication of the law across the EU, companies will have 18 months to report their risk assessments and implement remediation strategies, or risk economic penalties, supply chain disruptions and more.
  • Founded over a decade ago to address human rights and environmental concerns in the supply chain, Sourcemap was the first to pioneer supply chain-wide anti-deforestation technology, adding the solution in 2016 to its broader supply chain offerings.
  • Sourcemap's Anti-Deforestation solution is already in use by more than 125 brands across food, apparel, automotive and home goods.
  • "Supply chain transparency is now a business imperative, and as the leading provider of supply chain mapping, transparency and due diligence technology, Sourcemap is an essential resource to future-proof any business with a global supply chain."

Financing the transition: the costs of avoiding deforestation

Retrieved on: 
Wednesday, April 19, 2023

LONDON, April 19, 2023 /PRNewswire/ -- The global Energy Transitions Commission (ETC) has published a new report, Financing the Transition: the costs of avoiding deforestation, which presents new analysis of how much it could cost to overcome the economic incentive to cut down trees. The report explores the role that concessional/grant payments can play in avoiding tropical deforestation by 2030.

Key Points: 
  • This is a supplementary report to Financing the Transition: How to make the money flow for a net-zero economy , published in March 2023.
  • These are needed to phase down coal generation earlier than is economic, limit deforestation, and pay for removing carbon dioxide from the atmosphere.
  • Many reports have estimated the cost per tonne of CO2 saved from avoiding deforestation but few have attempted to estimate what it would cost to put a total end to deforestation.
  • The ETC's new report, Financing the transition: the costs of avoiding deforestation, estimates the order of magnitude of concessional/grant payments required to compensate landowners for not cutting down tropical forests for profit (e.g., to raise cattle or grow commodities).

Financing the transition: the costs of avoiding deforestation

Retrieved on: 
Wednesday, April 19, 2023

LONDON, April 19, 2023 /PRNewswire/ -- The global Energy Transitions Commission (ETC) has published a new report, Financing the Transition: the costs of avoiding deforestation, which presents new analysis of how much it could cost to overcome the economic incentive to cut down trees. The report explores the role that concessional/grant payments can play in avoiding tropical deforestation by 2030.

Key Points: 
  • This is a supplementary report to Financing the Transition: How to make the money flow for a net-zero economy , published in March 2023.
  • These are needed to phase down coal generation earlier than is economic, limit deforestation, and pay for removing carbon dioxide from the atmosphere.
  • Many reports have estimated the cost per tonne of CO2 saved from avoiding deforestation but few have attempted to estimate what it would cost to put a total end to deforestation.
  • The ETC's new report, Financing the transition: the costs of avoiding deforestation, estimates the order of magnitude of concessional/grant payments required to compensate landowners for not cutting down tropical forests for profit (e.g., to raise cattle or grow commodities).