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Latest Oils & Fats International News

Argentina to import US soyabeans for first time in 20 year hiatus

3 hours ago

Argentina’s national food health and quality service Senasa is working to update regulations in order to facilitate the import of US soyabeans into the country for the first time in more than 20 years.

US rendered fat exported for biodiesel and renewable fuel production

April 24, 2018

The global use of US rendered fat is now mostly for biodiesel and renewable fuel, as well as for the oleochemical industry, with 40% of all US rendered fat exports utilised for biodiesel and renewable diesel production, according to the National Renderers Association (NRA) US market report, published in the April 2018 edition of Render magazine.

Russia approves Bayer-Monsanto merger

April 23, 2018

Russian antitrust authority Federal Anti-Monopoly Service (FAS) has given a green light to German chemical firm Bayer’s planned US$62.5bn merger with the American agrichem developer Monsanto, despite an earlier six-month delay on the decision.

German biodiesel firm halves production due to ‘unfair’ EU imports

April 23, 2018

German biodiesel producer Natural Energy West (NEW) has halved its biodiesel output due to surging imports of ‘unfairly priced’ Argentine and Indonesian biofuel into the EU.

Philippine province aiming to become top palm oil producer on Mindanao

April 20, 2018

The Philippine province of Davao Oriental is looking to establish a new palm oil plantation and two mills in a bid to become one of the leading suppliers of palm oil on the island of Mindanao.

FGV strives to improve sustainability programme

April 19, 2018

Malaysian agri-commodities firm and palm oil producer Felda Global Ventures (FGV) is upgrading its ‘No Deforestation, No Peat and No Exploitation’ sustainability policy in an effort to boost its sustainability drive.

USA-China trade spat positive for Southeast Asian CPO producers

April 18, 2018

The ongoing trade conflict between the USA and China could turn out to be positive news to Indonesian and Malaysian crude palm oil (CPO) producers, an Indonesian analyst projects.

UK supermarket Iceland to drop palm oil from own-brand foods

April 17, 2018

UK frozen food supermarket chain Iceland has pledged to remove palm oil from all its own-brand food products by the end of 2018 due to the “unsustainable” status of the oil.

Deoleo invests €50M to boost olive oil brands

April 17, 2018

Spanish multinational olive oil bottler and processing firm Deoleo will invest €50M (USD$61.4M) to implement its growth plan and boost several of its leading brands.

‘Unfair’ Argentine, Indonesian biodiesel imports hurt US industry

April 16, 2018

The US International Trade Commission (ITC) gave a final ruling on 3 April determining that the country’s biodiesel industry has suffered due to unfairly dumped Argentine and Indonesian imports.

Six Arkansas farmers allowed to spray Monsanto’s dicamba herbicide

April 13, 2018

An Arkansas judge has allowed six farmers to spray Monsanto’s controversial dicamba-based herbicide on their crops after a 15 April cut-off date despite concerns over its potential to cause damage to surrounding crops not engineered to tolerate it.