Crude Processing

The global quest for sustainable energy is actively reshaping agricultural and trade landscapes, particularly for biofuels.

Repsol SA and Bunge Global SA are partnering to increase the use of intermediate novel crops, specifically camelina and safflower, as feedstocks for renewable fuel production.

Integrated biorefineries, capable of utilizing diverse feedstocks, are essential for optimizing operational costs, mitigating feedstock supply risks, and scaling up the production of affordable renewable fuels to meet net-zero targets.

In Mar. 2025, Indonesia's exports of crude and refined palm oil saw a slight contraction, reaching 2.02MM mt, a marginal decrease from the 2.06MM mt recorded in Feb.

The US biomass-based diesel industry, spurred by renewable diesel, has grown significantly to 6.4B gal (24.23B liters) in capacity.

The UK has initiated an anti-dumping investigation into hydrotreated vegetable oil (HVO) imports from the US.

The global used cooking oil (UCO) market is experiencing a period of significant flux, shaped by shifting trade policies and evolving demand patterns.

The European Union's rapeseed crushing volumes increased in Jan., driven by strong Australian canola imports, while soybean and sunflower seed crushing declined.

In 2024, China's used cooking oil (UCO) exports reached a record 2.951 MM mt, marking a 43.49% increase from 2023.

Used cooking oil (UCO), a waste byproduct from food preparation, has seen a dramatic rise in prices, with Jan. 2025 marking a two-year high.