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X @Nick Szabo
Nick Szabo· 2026-02-15 07:18
RT Sama Hoole (@SamaHoole)Rapeseed has been grown for 4,000 years. The Romans burned it in lamps. Medieval Europeans used it for lamp oil. The industrial revolution used it to lubricate steam engines. It worked brilliantly: high heat tolerance, doesn't break down easily. Perfect for machinery. Toxic for humans.The problem: Rapeseed contains 50% erucic acid. This compound causes heart lesions in animals. Feed it to rats, their hearts develop fatty deposits and scarring. It also contains glucosinolates that s ...
Nisun International Expands into Edible Oil Trading Sector, Targeting RMB 3 Billion (USD 415 Million) in 2025 Revenue.
Prnewswire· 2025-06-09 13:15
Core Insights - Nisun International has expanded into the edible oil trading sector by acquiring Zhetai (Tianjin) Trading Co., Ltd, enhancing its supply chain trading capabilities and market presence [1][4] - Zhetai Tianjin is expected to generate approximately RMB 3 billion (around USD 415 million) in revenue from its edible oil business in 2025, leveraging its strong market position [2] - The Chinese edible oil market, the largest globally, exceeds 40 million tons in annual consumption and is projected to grow at a compound annual growth rate of about 5% over the next five years [5] Company Overview - Nisun International is a technology-driven financing solutions provider and integrated supply chain services provider, focusing on transforming the corporate finance industry [7] - The company aims to deepen its supply chain capabilities in essential industries and sees potential synergies between Zhetai Tianjin's trading operations and its supply chain financing services [4][5] Zhetai Tianjin's Market Position - Zhetai Tianjin is recognized as a national-scale enterprise and a leader in Northern China's edible oil sector, operating several established brands distributed across 11 provinces [3] - The company has strategic partnerships with industry leaders such as COFCO, Sinograin, and Cargill, ensuring product quality and supply chain stability [3]