Corporate News

Malaysia-based palm oil producer SD Guthrie International (SDGI) has confirmed the arrival of its first shipments of 40,250 tonnes of palm oil that meet the requirements of the new EU Deforestation Regulation (EUDR), according to a press release published on Thursday September 19.

Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.

The “Brooklyn Kyiv” grain terminal at Odesa port in southern Ukraine was damaged by a Russian missile attack late on Wednesday August 14, Louis Dreyfus Co (LDC) told Fastmarkets on Thursday.

Singapore-based Wilmar International saw a decline in its palm fresh fruit bunch (FFB) production in the first six months of its financial year ending June 30 2024, with FFB output coming in at 1.95 million tonnes, down by 6% from the same period a year earlier, according to the company’s earnings statement released on Tuesday August 13.

The international oil major BP has unveiled a $2.76 billion profit across its energy portfolio in the second quarter of 2024, a 6.4% increase on the corresponding period of 2023 and 1.2% higher than its first-quarter profits.

The European Bank for Reconstruction and Development (EBRD) has announced a €60 million ($65 million) loan to Ukraine’s Lan Oil to finance the country’s first private biofuels venture since Russia launched its full-scale invasion in February 2022, according to a press release published on Wednesday June 12.

Singapore-based Wilmar International posted its financial results for the first quarter on Monday April 29, with net profit at $302.9 million...

Russia’s second-largest exporter of grains, trading house Rif, has changed its name, according to documents published on the company’s website on Friday April 26.

Wilmar International has confirmed one of its terminals was damaged in an "incident" and estimated that it will take up to six months to repair the facilities destroyed after a missile attack on the Ukrainian port of Pivdenny...

Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.

The Louis Dreyfus Company (LDC) reported a $60 million loss for 2023 amid the deconsolidation of its Russian business...