Synopsis Rice bran oil accounts for a small portion of overall vegoil consumption in India but is one of the fastest-growing among edible oils, industry officials say, and production and imports are set to increase to meet the demand. Rice bran has become a sought-after commodity in India as the world's biggest importer of vegetable oils tries to overcome an edible oil shortage caused by global supply disruptions. A by-product in rice milling, rice bran has been traditionally used for cattle and poultry feed. In recent years, oil mills have started extracting rice oil, which is popular among health-conscious consumers but historically more expensive than rival oils. Rice bran oil accounts for a small portion of overall vegoil consumption in India but is one of the fastest-growing among edible oils , industry officials say, and production and imports are set to increase to meet the demand. The recent rally in global edible oil prices fuelled by Indonesia's … [Read more...] about Humble rice bran becomes hot commodity as India scours for edible oils
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World’s first zero-emission boat visits HCM City
Energy Observer on the Saigon River, HCM City. — Photo from Toyota HCM CITY — Energy Observer – the world’s first hydrogen-powered, zero-emission vessel that is self-sufficient in energy – continues its journey in Southeast Asia, with the 73rd stopover of its round-the-world Odyssey being in HCM City, Việt Nam. Arriving in the Vietnamese southern hub on June 22, the crew plans to present the ship's autonomous zero-emission system to several hundred visitors, decision-makers, students and school children in collaboration with the French Consulate in the city. Setting sail from its port of registry of Saint Malo in 2017, Energy Observer has already covered over 50,000 nautical miles, made 72 stopovers, 16 of which have been with its travelling pedagogical village, and visited over 40 countries. Born out of a legendary catamaran whose many accolades include being the fastest sailboat around the world with Sir Peter Blake, Energy Observer is a laboratory for ecological … [Read more...] about World’s first zero-emission boat visits HCM City
Hanoi’s former chairman earns 3-year commutation after fulfilling $1mn compensation
A Vietnam appellate court has cut the prison term of former Hanoi administration chairman Nguyen Duc Chung by three years following his fulfillment of a US$1 million compensation requirement issued during his hearing last year for an offense related to the purchase of Redoxy-3C to treat polluted lakes in Hanoi. After a three-day appellate trial, the High People’s Court in Hanoi on Wednesday issued commutations to Chung and his two accomplices for sentences handed down by the Hanoi People’s Court in December for “abusing positions and powers while performing duties.” Accordingly, Chung received a three-year commutation after the court considered his past achievements and his fulfillment of the VND25 billion ($1.07 million) he owed in compensation for his crimes, as required by the first-instance court. The total amount included VND10 billion ($429,700) previously paid during the first instance hearing and the remainder recently settled at the appellate trial. Along with a … [Read more...] about Hanoi’s former chairman earns 3-year commutation after fulfilling $1mn compensation