Tag: vegetable oil

Markets eye biofuels in response to Israeli-Irani tensions

Markets eye biofuels in response to Israeli-Irani tensions

June 19, 2025 |

In Washington, the Financial Times reports that vegetable oil prices jumped on Thursday on the back of fears that the conflict between Israel and Iran could escalate, promoting investors to look for fossil fuel alternatives. Prices were already higher due to the Environmental Protection Agency’s draft renewable volume obligations for 2026 and 2027 that were […]

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LG Chem to produce bio-acrylic acid from vegetable oil

LG Chem to produce bio-acrylic acid from vegetable oil

February 27, 2025 |

In South Korea, LG Chem is entering the global market with eco-friendly raw materials derived from vegetable oils. The company announced on the 13th that it will commence the production of bio-acrylic acid in the second quarter of this year. Production capacity shall ramp up to 100 metric tons (MT) of prototype annually. Bio-acrylic acid […]

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