Tag: Coronavirus

Vegetable oil prices under pressure due to coronavirus, rapeseed oil drops more than 18%

Vegetable oil prices under pressure due to coronavirus, rapeseed oil drops more than 18%

March 28, 2020 |

In Germany, UFOP reports that the spread of the coronavirus sent global prices of crude oil and vegetable oil on a downward spiral. Rapeseed oil most recently cost EUR 690 per tonne. This translates to a more than 18 per cent decline within one month. Soybean oil stood at EUR 605 per tonne, down just […]

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Refiners trying to raise cash are selling biofuel credits

Refiners trying to raise cash are selling biofuel credits

March 28, 2020 |

In Washington, D.C., Reuters reports that U.S. refiners are selling their renewable fuel credits over the last week in an attempt to raise cash as their valuations tank during the oil price crash, and the coronavirus pandemic isn’t helping with the strain. “Refiners are under strain as the coronavirus pandemic has sapped global demand for […]

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Amyris Launches Leading Hand Sanitizer and Receives Initial Positive Result for Vaccine Adjuvant

Amyris Launches Leading Hand Sanitizer and Receives Initial Positive Result for Vaccine Adjuvant

March 26, 2020 |

In California comes the news that synthetic biology leader Amyris is stepping out to help fight COVID-19. Amyris may be more well known for its sustainable ingredients for the Health & Wellness, Clean Beauty and Flavors & Fragrances markets, but as you all know, things have changed a lot over the last few months and […]

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F1 postpones E10 switch to 2022 due to coronavirus

F1 postpones E10 switch to 2022 due to coronavirus

March 26, 2020 |

In the UK, Motorsport.com reports that F1 has decided to delay its transition to E10 until 2022 from 2021, putting the blame on the coronavirus. Working together with Ferrari, Shell has determined that higher ethanol blends have a cooling effect on the engine, much like the effect an ethanol gel has when you put it […]

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Pandemic won’t stop Impossible Foods – $500M new funding for Impossible’s R&D, retain expansion, next-gen products

Pandemic won’t stop Impossible Foods – $500M new funding for Impossible’s R&D, retain expansion, next-gen products

March 22, 2020 |

“I’m Possible” is even in Impossible Foods name and right now when so many things seem impossible, they are proof that even in a global pandemic, good things can still happen. Having just secured $500 million dollars in fresh funding, despite the global turmoil triggered by the coronavirus, they are showing anything is possible indeed. […]

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