Biofuel

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Japan is ramping up its use of used cooking oil to produce sustainable aviation fuel. The country estimates it will need around 1.7 million kiloliters by 2030.

Reported by AI

Posco International has completed the full value chain of its palm oil business by acquiring a 65.72 percent stake in Indonesian plantation firm Sampoerna Agro for $566 million. The total investment is expected to reach $862 million due to a mandatory tender offer for minority shares. The deal adds 128,000 hectares to its operations, bringing the total global agricultural base to 150,000 hectares.

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