Several soybean crushing plants in China have been shut down as the government curbs energy consumption in a bid to meet stringent emission targets. The provinces of Jiangsu and Tianjin were particularly hit as provincial governments curtailed electricity supply. A shortage of coal in the domestic market and surging energy prices this year have also pushed local governments into rationing electricity usage to maintain stable energy supplies during winter.
Reflections from the Oleoline 3rd Global Oleochemical Conference! 🌟
From our point of view it was a success, marked by a friendly atmosphere. Our 60 participants, friends and partners, received valuable updates on the oleo market landscape. Discussions were particularly insightful about future challenges and opportunities, especially...