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Latest OFI Magazine News


Syngenta shareholders accept ChemChina merger offer

May 26, 2017

The shareholders of Swiss pesticide and seeds maker Syngenta accepted on 5 May China’s national chemical corporation ChemChina’s US$43bn takeover offer after tendering the required amount of shares.


China agrees to review US GM crop import applications by end of May

May 26, 2017

China has agreed to evaluate eight pending US agricultural biotechnology product applications by the end of May in the aftermath of a meeting with US and Chinese Presidents Donald Trump and Xi Jinping.


Clariant and Huntsman to join in US$20bn merger

May 26, 2017

US chemical company and surfactant producer Huntsman Corporation and Swiss specialty chemicals firm Clariant AG signed an agreement on 22 May to combine their operations in a merger of equals.


Bayer to sell Liberty crop protection assets for Monsanto merger approval

May 25, 2017

Bayer AG, a German multinational chemical, pharmaceutical and life sciences company, has announced it will divest its Liberty crop protection brands globally to receive approval from South Africa for its merger with Monsanto.


US researchers complete first EPA-sanctioned field trial of genetically modified algae

May 24, 2017

Researchers at the University of California San Diego and algae cultivation technology company Sapphire Energy have completed the first US Environmental Protection Agency (EPA)-sanctioned outdoor field trial for genetically engineered algae.


Olixol develops technology to produce natural oil from separated plant cells

May 23, 2017

Nottingham, UK-based plant culturing and research company Olixol has launched a “pioneering” technology to enable scalable production of pure, natural oils from plant cells, according to CosmeticsDesign on 18 April.


OFI India 2017 After Show Report

May 22, 2017

Global oils and fats production is set to grow in 2017/18, with palm, rapeseed and cotton seed oils to see an output jump and strong soya meal demand spurring higher crushing for soyabeans, according to G Chandrashekhar, a global agribusiness and commodities specialist speaking at the OFI India 2017 Business Congress and SOPA Soya Congress held on 19-20 May at the Bombay Convention and Exhibition Centre.


Saturated fat ‘does not clog arteries’, new report claims

May 22, 2017

Reducing the intake of saturated fats may not decrease the risk of coronary heart disease as popular belief suggests, a new report claims.


Growing biodiesel throughput pushes 2016 biofuel volumes up at Port of Rotterdam

May 19, 2017

Biofuel throughput at the Port of Rotterdam grew more than 6% in 2016, with the total volume increasing from 4.5M tonnes in 2015 to nearly 4.8M tonnes.


Poet sues Andritz over ethanol pre-treatment system

May 18, 2017

US ethanol producer Poet is suing international engineering company Andritz for failing to deliver a functioning pre-treatment system for Poet’s Emmetsburg, Iowa, cellulosic ethanol plant.


US trade commission votes for Argentina, Indonesia biodiesel anti-dumping probe

May 17, 2017

The US International Trade Commission (ITC) voted on 5 May to continue an anti-dumping investigation launched by US Department of Commerce (DoC) into Argentinian and Indonesian biodiesel imports.