In April 2022, we started up a new esterification line at our site in Bad Münstereifel (DE). It will increase our production capacity for esters by around 50 %.
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We decided to switch our brands LIGAMED, LIGAFEED and PALMSTAR to the use of RSPO Mass Balance (MB) certified fatty acids only starting 01 January 2022.
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The market situation for animal fats and vegetable oils did not ease for the second quarter of 2022. We have seen another significant price increase.
