Ginger Essential Oil
  • Indonesia plans to slash export taxes on palm oil this month, leaving the market uncertain
    June 29, 2021 Indonesia plans to slash export taxes on palm oil this month, leaving the market uncertain
    Indonesia's finance ministry said the maximum export levy would be lowered to $175 a tonne when crude palm oil prices exceeded $1,000 a tonne, down from $255 previously. When crude palm oil prices reach at least $750 / ton, a special export tax of $50 / ton is levied; For every $50 / ton increase in crude palm oil, the special export tax will increase by $20 / ton. Indonesia's decision to change the tax structure for palm oil exports is expected to boost exporters' profit margins, although other groups say frequent rule changes are hurting demand, the Indonesian Palm Oil Association (Gapki) said, according to media reports. Joko Supriyono, chairman of Gapki, said lower taxes were expected to give companies room to invest or increase capacity to absorb the extra workers. This matters when the government wants the economy to recover faster. However, other groups said frequent changes in the tax structure created uncertainty for the industry. Gulat Manurung, chairman of Apkasindo, a small farmers' group, said the changes could lead to buyers taking a wait-and-see attitude and lower demand for Indonesian palm oil, adding that palm fruit prices had been affected. cooling agents At the same time, Sahat Sinaga, executive director of the Indonesian Vegetable Oil Industry Association (GIMNI), said frequent changes in tax rules made it difficult for traders to calculate the price and risk of palm oil contracts. Global markets do not like changing policies, and rules should be maintained for at least a year.
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  • A new method has been developed in the UK to turn PET into vanillin using E. coli bacteria
    June 22, 2021 A new method has been developed in the UK to turn PET into vanillin using E. coli bacteria
    According to ZME Science, researchers at the University of Edinburgh have developed an experimental method to convert treated polyethylene terephthalate (PET) into vanillin, the main ingredient from vanilla beans that gives vanilla its distinctive taste and aroma. To convert PET into vanillin, researchers developed a strain of E. coli bacteria that "eats" the terephthalic acid from PET and converts it into vanillin through a series of chemical reactions. In one experiment, researchers successfully used E. coli bacteria to turn used plastic bottles into vanillin. The researchers will conduct further experiments to find out if the plastic-made vanillin is safe to eat. Lead author Joanna Sadler, from the University of Edinburgh's School of Biological Sciences, said: "This is the first time an ecosystem has been used to recover plastic waste and turn it into a high-value industrial chemical, which has great implications for creating a circular economy. "Our results have significant implications for plastics sustainability and demonstrate the potential of synthetic biology to address today's problems."
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  • 2021 Shanghai FIC Exhibition
    June 22, 2021 2021 Shanghai FIC Exhibition
    On June 8, 021, the 24th Food Ingredients China Exhibition (FIC2021) grandly opened at the Shanghai National Convention and Exhibition Center. The FIC2021 exhibition will continue to use the five venues of the National Convention and Exhibition Center (Shanghai) to display by product category. More than 1,500 well-known companies from all over the world will bring new products and new technologies from the entire industry to a grand appearance. Five exhibition areas, 140,000 square meters of exhibition area, more than 50 new product and new technology conferences, gathered at FIC, shared the development and trade opportunities of the food industry, and provided impetus for the development of the dual circular economy after the epidemic! Anhui Chinaherb(booth No.8.2L51) is specialized in flavors and fragrances, including cooling agent series, essential oils, natural&synthetic flavors. Warmly welome all customers to visit us!
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