In Japan, TSUNEISHI SHIPBUILDING has reached a basic agreement on an order of two world’s first methanol-fueled KAMSARMAX bulk carriers with Mitsui & Co., Ltd., which will be chartered by Cargill. The first vessel is scheduled to be completed in late 2025. Up to now, most orders received for methanol-fueled vessels have been for container […]
In Brazil, Bloomberg reports that Cargill has agreed to buy three biodiesel plants in Anápolis (GO), Porto Nacional (TO) and Cachoeira do Sul (RS) and four storage facilities in the states of Goiás and Tocantins from the country’s largest biodiesel producer, Granol, a deal that is waiting for approval from antitrust authorities. The terms of […]
In Singapore, Reuters reports Cargill means to rapidly shift in the marine decarbonization through biodiesel- and methanol-fueled ships. Following previous biofuel trials earlier in the year using 12,000 metric tons of biofuels, a next round of trials is expected in mid-2023 using 50,000 tons of biofuels. The use of methanol is likely to come from […]
In Delaware, The LYCRA Company has signed an agreement with Qore® LLC to enable large-scale production of bio-derived spandex. Under the terms of the deal, The LYCRA Company will purchase biobased 1,4-butanediol produced by Qore®, a joint venture held by Cargill and HELM, for use in producing 70% renewable Lycra fiber. The new feedstock will […]
In Canada, Meeri News reports that Cargill Canada has broken ground at its $350 million canola crushing plant located outside Regina at its Global Transportation Hub. The facility is set to produce 43 million gallons of canola oil annually from 1 million metric tons of canola annually when it opens in early 2024. Future infrastructure […]
In Belgium, Cargill has completed its first state-of-the-art advanced biodiesel plant in Ghent, Belgium which converts waste oils and residues into renewable fuel. The advanced biodiesel produced at the facility will be used by the maritime and trucking sectors, enabling customers to lower the carbon footprint associated with their maritime and road transport activities. The […]
In Belgium, Cargill completed its first state-of-the-art advanced biodiesel plant in Ghent, Belgium which converts waste oils and residues into renewable fuel. The advanced biodiesel produced at the facility will be used by the maritime and trucking sectors. The groundbreaking project is the one of the largest waste-to-biofuel facility in Europe and Cargill’s first, employing […]
In the UK, Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business for $1.03 billion on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s bioindustrial footprint to better serve industrial manufacturers searching for “greener” ingredient solutions. The transaction, which is subject to regulatory approvals, is […]
In the UK, agribusiness giant Cargill has agreed to acquire Croda’s performance technologies and industrial chemicals for €915 million (USD$1 billion) in a deal that dramatically expands Cargill’s footprint in bioindustrial applications. Cargill will gain nearly 1,000 employees globally, production facilities spread across Europe and Asia, and a “strong technology portfolio” that supports leading market […]
In Minnesota, ag giant Cargill has announced it will acquire Arkema’s biobased epoxides business located in Blooming Prairie. The facility produces epoxides by combining soybean oil and other vegetable oils with hydrogen peroxide. The specialty epoxides are key components for Cargill’s existing portfolio of biobased plasticizers and polyols, which are used to make products such […]
