News from major oils and fats companies, financial results, new plants, investment and expansion deals.
Teck Guan Perdana's Q2 net profit more than triples to RM16m on stronger palm oil margins, with revenue soaring 179% YoY to RM260.8m.
Indonesia's new agrarian reform law raises regulatory uncertainty for SD Guthrie, Genting Plantations and KLK. CIMB sees risk, not immediate losses.
Malaysia will lead a ministerial trade mission to India Sept 27–Oct 1 to expand palm oil ties. Exports surged 40.4% in 2026's first eight months.
Palm oil's early investment in food-grade lubricants gives it a competitive edge over coconut and olive oil as the EU's MOAH limits take effect from January 2027.
EcoCeres will supply ISCC-certified HVO from used cooking oil to AstraZeneca's Wuxi plant, marking China's first HVO application in the pharmaceutical sector.
Teck Guan Perdana adopts a cautious near-term palm oil outlook citing El Niño and haze risks, while expressing guarded long-term optimism on biodiesel-led demand.
United Malacca's Q1 net profit fell 15.8% to RM31.8M as Malaysian EBITDA dropped 39%, while Indonesian operations surged to RM24.4M from RM9.3M.
West Bengal to launch state-backed mustard oil brand with NDDB procurement support, aiming to cut edible oil import dependence and boost oilseed production.
Italy's Coricelli family moves closer to a €500M takeover of Deoleo, the world's largest olive oil producer, outbidding Spanish rivals.
Bühler launches OLFC flaking mill: 150% longer roll life, 25% less vibration, 4% lower energy use, and 500 t/day capacity.
Advertise
