WORLD NEWS
-
India export prices stay high on strong demand as local supplies dry up
INDIA – Rice export prices from India have hit their highest level since April 2021, benefiting from firm demand, stretched supplies, and elevated rates in…
-
Evonik invests US$27.3M to upgrade German methionine intermediates plant
GERMANY-Evonik, a world leader in specialty chemicals, has invested €25M (US$27.3M) in developing and expanding its methyl mercapto-propionaldehyde (MMP) production plant, an organic compound that…
-
ADM reports 60% jump in full-year profits, forecasts strong crush margins and high demand in 2023
USA- Archer-Daniels-Midland Co, (ADM), a major U.S. grains merchant, has posted an annual net income profit of US$4.34 billion, a record 60% jump when compared…
-
Scoular debuts new name for food ingredients business to showcase capabilities in providing innovative ingredients to customers
USA — American commodity trading company Scoular has renamed its food ingredient business: Scoular Food Innovation in an effort to showcases its capabilities in providing…
-
US Air Force moves to stop construction of wet corn mill by Chinese company
USA — The United States Air Force has moved to stop a Chinese company from constructing a wet corn mill in North America for national…