Amid prevailing volatility in palm oil futures, Malaysian palm oil giant nabs $3.13 billion IPO

State-owned Malaysian palm oil giant Felda Global Venture Holdings raised a $3.13 billion initial public offering (IPO), a considerable feat against the backdrop of the Eurozone crisis and lackluster financial markets. The IPO values the company at $5.22 billion and is 2012's second largest IPO afte...

This item has been archived in line with our efforts to keep our content relevant and up to date for our readership. For further assistance, please contact your Customer Success Manager or email ClientEngagementTeam@luxresearchinc.com. Thank you!

Related Research

Regulatory support for synthetic fuels in Germany comes close to becoming reality

News Commentary | May 24, 2021

The German government and aviation representatives agreed to explore the introduction of a blending quota of up to 2% for synthetic fuels in the local German aviation sector by 2030. This is merely a plan and not yet reality, but it is an important step, as synthetic fuels needs regulatory support ... Not part of subscription

Maersk bets on bio-methanol to decarbonize shipping through investment in WasteFuel

News Commentary | November 18, 2021

Through its venture capital arm, Maersk invested in WasteFuel, a California‑based startup converting municipal and agricultural waste into bio‑methanol, jet fuel, and renewable natural gas. Having already secured a supply of bio‑methanol in Europe earlier this year, this investment allows Maersk to ... Not part of subscription

Neste expands its geographical footprint into the U.S. with a 730-million-gallon-per-year facility in JV with Marathon Petroleum

News Commentary | March 08, 2022

The 50‑50 joint venture (JV) with Marathon Petroleum will cost approximately USD 2 billion and convert Marathon's Martinez refinery in California for the production of renewable diesel. Lux labeled renewable diesel as the future of the biobased fuels industry in 2016, and the rapid scale‑up in ... Not part of subscription