Soybean oil

Rapid Expansion of U.S. Soybean Processing Capacity Risks Industry Overbuild

Retrieved on: 
Thursday, March 21, 2024
Knowledge, Uncertainty, Oil, Pressure, Growth, Environment, Livestock, Soybean oil, Fats, CoBank, Transport, Carbon, Weather, Vegetable oil

To meet the growing demand for soybean oil, U.S. soybean processors are ramping up their production capacity, which is expected to increase by 23% over the next three years.

Key Points: 
  • To meet the growing demand for soybean oil, U.S. soybean processors are ramping up their production capacity, which is expected to increase by 23% over the next three years.
  • However, overbuilding U.S. soybean crush capacity, combined with sustained levels of low processing margins could threaten the viability of new, high-cost plants in the long term.
  • The expansion of U.S. soybean processing capacity will lead to growing supplies of soybean meal, which could also pressure processor margins.
  • But for soybean processors, the question is whether domestic livestock supplies will be ample enough to absorb the additional soybean meal.

Biodiesel Feedstocks Market Technologies, Synthesis, Efficiency and Policies Report, with Profiles of AG Processing, Argent Energy, Cargill, Chevron Renewable Energy, Eni S.P.A and Neste - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 14, 2024
Oil, Gas, Agriculture, Natural Resources, Alternative Energy, Energy, Palm oil, Fossil, ESG, Soybean oil, Sunflower oil, Growth, Corn oil, Classification, Rapeseed oil, Renewable energy

Regarding market demand, Europe is the largest biodiesel market.

Key Points: 
  • Regarding market demand, Europe is the largest biodiesel market.
  • Demand for biodiesel in EMEA is negligible and is not expected to grow significantly in the coming years.
  • EMEA's meager market share and growth are mainly due to its large production and usage of fossil fuels, including fossil diesel.
  • The report concludes with a competitive landscape of the global biodiesel market and company profiles of the various players in the area.

Electrolux Group Sustainability Report 2023: High global warming gases phased out from 97% of products with refrigerants

Retrieved on: 
Tuesday, March 26, 2024
Carbon, Cooking, CDP, Gas, Climate change, Travel, Soybean oil, Climate, Water, Sustainability, If, Targets, Paris Agreement, Electrolux

This is just one of the highlights from the Electrolux Group Sustainability Report 2023.

Key Points: 
  • This is just one of the highlights from the Electrolux Group Sustainability Report 2023.
  • Electrolux Group sourced 60% of all energy used in its operations from renewable sources in 2023.
  • Global non-profit organization CDP gave Electrolux Group an A grade for its work on climate action and supplier climate change engagement, and an A- for water management.
  • Electrolux Group's most energy- and water-efficient products accounted for 29% of total units sold and 38% of gross profit in 2023.

Electrolux Group Sustainability Report 2023: High global warming gases phased out from 97% of products with refrigerants

Retrieved on: 
Tuesday, March 26, 2024
Carbon, Cooking, CDP, Gas, Climate change, Travel, Soybean oil, Climate, Water, Sustainability, If, Targets, Paris Agreement, Electrolux

This is just one of the highlights from the Electrolux Group Sustainability Report 2023.

Key Points: 
  • This is just one of the highlights from the Electrolux Group Sustainability Report 2023.
  • Electrolux Group sourced 60% of all energy used in its operations from renewable sources in 2023.
  • Global non-profit organization CDP gave Electrolux Group an A grade for its work on climate action and supplier climate change engagement, and an A- for water management.
  • Electrolux Group's most energy- and water-efficient products accounted for 29% of total units sold and 38% of gross profit in 2023.

BCC Research Presents: Biodiesel Feedstocks - A Global Market Analysis

Retrieved on: 
Monday, February 19, 2024
European Commission, Energy security, Investment, Gasoline, Transport, Growth, Group Policy, Sunflower oil, BCC, Life, Carbon, European, Palm oil, Corn oil, Organization, Biofuel, Particulates, Tax, Soybean oil, Environment

BOSTON, Feb. 19, 2024 /PRNewswire/ -- According to the latest BCC Research study, the demand for Biodiesel Feedstocks: Technologies, Synthesis, Efficiency and Policies is estimated to increase from $46.3 billion in 2022 to reach $51.6 billion by 2028, at a compound annual growth rate (CAGR) of 3.7% from 2022 through 2028.

Key Points: 
  • Embark on a journey through the dynamic biodiesel market landscape with BCC Research's latest report, meticulously crafted to unveil the intricate developments shaping the industry.
  • By dissecting the market based on applications and regions, readers gain invaluable insights into the diverse uses and geographical demands of biodiesel.
  • Each segment evaluation not only provides comprehensive market size estimations but also offers a forward-looking forecast, guiding stakeholders through growth projections up to 2028.
  • The journey culminates in a panoramic view of the competitive landscape, featuring insightful company profiles of key players steering the global biodiesel market towards a greener future.

White River Soy Processing Purchases Benson Hill Ingredients

Retrieved on: 
Wednesday, February 14, 2024
Technology, Supermarket, Specialty, Food, Beverage, Agriculture, Natural Resources, Retail, Oil, Gas, Alternative Energy, Energy, Food Tech, Acquisition, Soybean, Benson E. Hill, Risk management, Farmer, Flour, Entrepreneurship, GMO, White, Soybean oil

White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the U.S., announced today that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.

Key Points: 
  • White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the U.S., announced today that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.
    “We are pleased to add another valuable asset to our growing company,” said Walter Cronin, Co-Founder and President of White River.
  • “Today’s acquisition displays White River’s commitment to our company’s mission to supply better nutritional outcomes to our customers, as well as meet the growing need for high-quality soy protein products,” said Gordon Glade, Co-Founder of White River.
  • White River, headquartered in Omaha, Neb., separately purchased Benson Hill’s soybean processing facility located in Seymour, Ind., on Oct. 31, 2023, and announced in December 2023 it had been selected to develop an oilseed processing facility near North Platte, Neb.
  • The company is supported by agricultural-focused investors, and its team has decades of experience in grain processing, from plant operations to risk management and finance.

GOODYEAR INTRODUCES GOODYEAR® ELECTRICDRIVE™ 2 WITH ELEVATED PERFORMANCE CAPABILITY AND SUSTAINABLE MATERIALS

Retrieved on: 
Tuesday, January 9, 2024
EVS, Research, Traction, Soybean oil, Ford Mustang Mach-E, Ford, EV, Ford Mustang, Bolt, Audi, New product development, Tire manufacturing

AKRON, Ohio, Jan. 9, 2024 /PRNewswire/ -- At CES® 2024, The Goodyear Tire & Rubber Company (NASDAQ: GT) unveiled the latest tire in the ElectricDrive™ family: The Goodyear® ElectricDrive™ 2, an all-season electric vehicle (EV) tire enhanced with sustainable materials1, improved rolling resistance2 and long-lasting tread life to maximize drivers' EV performance. The new ElectricDrive™ 2 is the latest step in Goodyear's sustainability maturity and contains at least 50% sustainable materials per tire by weight1, 3. 

Key Points: 
  • The new ElectricDrive™ 2 is the latest step in Goodyear's sustainability maturity and contains at least 50% sustainable materials per tire by weight1, 3.
  • According to recent consumer EV research conducted by Goodyear4, maintaining a quiet ride and wet road performance are the top two features that EV owners look for when considering a tire.
  • The ElectricDrive™ 2 was designed with at least 50% sustainable materials, a focus on providing greater traction and maintaining a quiet ride."
  • For more information about the ElectricDrive™ 2, please visit www.goodyear.com or contact your local Goodyear authorized dealer.

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.

New Report Offers Guidance on Radon Testing Devices Safeguarding Canadians Against Lung Cancer

Retrieved on: 
Wednesday, November 1, 2023
Smartphone, Associate, American Cancer Society, Reading, Lung cancer, Health Canada, Non-Smokers' Rights Association, Public Health Agency of Canada, Atmosphere, Soybean oil, Risk, Diagnosis, American Cancer Society Cancer Action Network, Simon Fraser University, Uranium mining, Radon

The report offers recommendations to evaluate indoor air quality and safeguard Canadians against lung cancer from radon exposure.

Key Points: 
  • The report offers recommendations to evaluate indoor air quality and safeguard Canadians against lung cancer from radon exposure.
  • "Radon continues to be a leading cause of lung cancer in non-smokers," says Nancy Wirtz, Manager, Cancer Prevention at the Canadian Cancer Society.
  • In October 2021, Winnipeg native Corie Haslbeck received a devastating stage 4 lung cancer diagnosis after being exposed to elevated levels of radon.
  • The first step that Canadians can take to protect themselves against lung cancer is to test their home for radon.

New Soybean Processing Plant to Bring More Than 100 New Jobs to Ohio

Retrieved on: 
Friday, October 20, 2023
Louis Dreyfus Company, Bakersfield Department of Development Services, Workforce, Ohio Department of Agriculture, Soybean oil, Soybean, City, Growth, Van Buren State Park (Ohio), Partnership, Farmer, Economic development, Plastic, LDC, Vegetable oil, Renewable energy, Development

Governor Jon Husted, Ohio Department of Development Director Lydia Mihalik, and JobsOhio president and CEO J.P. Nauseef announced today that a new soybean processing plant in Upper Sandusky will bring more than 100 new jobs to Ohio.

Key Points: 
  • Governor Jon Husted, Ohio Department of Development Director Lydia Mihalik, and JobsOhio president and CEO J.P. Nauseef announced today that a new soybean processing plant in Upper Sandusky will bring more than 100 new jobs to Ohio.
  • "This new facility will not only bring in new jobs, but it will also lead to new avenues for growth and innovation in Ohio's agricultural sector."
  • There are approximately 26,000 soybean farmers in Ohio, and the annual economic impact of soybean production in Ohio is $5.3 billion.
  • LDC’s state-of-the-art soybean processing plant will have integrated crushing, edible oil refining, and lecithin production and packaging capabilities.