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Latest Oils & Fats International News


Bayer closes Monsanto acquisition

June 07, 2018

German chemicals giant Bayer closed on 7 June its US$62.5bn acquisition on US agrichem firm Monsanto, officially forming the largest single player in the agritech sector.


UK allows planting of gene engineered camelina

June 07, 2018

The UK has become the first European country to allow the test planting of a genetically engineered (GE) crop – a GE camelina oilseed – after deeming that the plant did not count as a genetically modified (GM) crop.


Bunge, Cargill fined for soya purchases contributing to deforestation

June 07, 2018

Brazil’s governmental environment agency Ibama has fined local farmers and five grain traders – including Bunge and Cargill – for carrying out grain trading activities linked to illegal deforestation.


Argentina to increase biodiesel export tax

June 06, 2018

The government of Argentina will raise the export tax on biodiesel from 8% to 15% from 1 July, Reuters reported on 28 May.


New processes to recycle palm oil milling waste

June 06, 2018

A research team from Nottingham University’s Malaysia branch has developed two new process technologies to produce building materials and bioenergy from palm oil process waste.


Corteva to help Brazil improve farming efficiency and sustainability

June 05, 2018

Corteva Agriscience, the agriculture division of chemical firm DowDuPont, will supply global soyabean leader Brazil with tools to conduct research to enhance farming competitiveness and sustainability.


Swiss crisp maker switches to high oleic rapeseed oil

June 05, 2018

Zweifel Pomy-Chips, one of Switzerland’s largest snack food manufacturers, has replaced imported sunflower oil with a high oleic rapeseed oil in order to improve quality, traceability and sustainability.


Ukraine soyabean area to fall, sunflower and rapeseed rise

June 04, 2018

Changes in domestic Ukrainian tax policy are expected to result in lower soyabean plantings in the 2018/19 season, while sunflower and rapeseed hectarage is projected to grow.


UK plans new anti-obesity measures

June 01, 2018

The UK government could be planning to introduce new anti-obesity measures for shops and food services in its ongoing campaign to combat obesity and unhealthy diets in the country.


Bunge considers shipping US soya to Argentina

June 01, 2018

US agri trading giant Bunge may export soyabeans from the USA to Argentina this year if the profit margins justify it, the firm’s top executive has said.


France allows Total to use palm oil, requires 25% recycled fat in feedstock

May 31, 2018

French oil and gas giant Total SA has committed to having 30-40% of its raw materials come from recycled animal fat, cooking and industrial oil as part of being allowed to use palm oil for biodiesel production at its new biofuel refinery in La Mede.