Plant-based oils manufacturer AAK has secured £2 million in funding from Humber Freeport to deliver a major investment programme at its site in Hull, UK.

Estonian biotechnology start-up Äio has teamed up with research organisation TFTAK (Center of Food and Fermentation Technologies) to launch a three-year R&D project focused on microbial oil production.

Oils and fats company AAK has teamed up with US food-tech start-up Savor, in a two-year collaboration to develop speciality fat solutions for dairy alternative and bakery applications.

Louis Dreyfus Company is investing in the construction of a new plant to process sunflower seeds and soybeans at the site of its existing facility in Bahía Blanca, Buenos Aires Province, Argentina.

Sustainable fats and oils start-up Sun Bear Biofuture has completed its first successful production run at less than 10% of the industry’s average set-up cost.

UK biotech manufacturer Clean Food Group has raised £4.5 million in fresh investment to accelerate the scale-up of its fermentation-based oils and fats platform.

Swedish biotech start-up Melt&Marble has raised €7.3 million in Series A funding, to scale production of its precision-fermented ‘designer fat’ ingredients.

US President Donald Trump announced on social media this week that he is considering blocking imports of cooking oil from China.

Checkerspot has partnered with Huvepharma to commercialise a new microalgae-derived oil that replicates key nutritional fats found in human milk.

UK food-tech company Clean Food Group has acquired the assets of algal oil producer Algal Omega 3 out of administration, including a 1 million-litre capacity fermentation facility.

Estonian food-tech start-up Äio has announced the successful completion of its first full-scale production run of its sustainable yeast-based oil, reaching a volume of 1 tonne.

An independent consumer acceptance study commissioned by NoPalm Ingredients has found that yeast oil is significantly more liked than palm oil as an ingredient in Germany and France.