US DECARBONISATION POLICIES BOOSTS DEMAND FOR AMERICAN BIOBASED OILS AND FATS
September 22nd, 2023
An increasing push for decarbonisation in North America is opening more opportunities for the production and sale of soybean oil, canola oil and other bio-based fats and oils.
Rising demand from the domestic energy sector is increasingly leading the US oilseeds, oils and fats industry to re-valuate the value of their products as feedstock for renewable fuels and biodiesel.
A sign of increased demand is rising imports. According to the United States Department of Agriculture (USDA), American imports of vegetable oils surged to USD 10.9 billion in 2022, ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.