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Latest Oils & Fats International News

Long-term study discovers no link between Monsanto herbicide and cancer.

November 30, 2017

A long-term study into the health effects of the controversial herbicide glyphosate, found in Monsanto’s popular Roundup product, has found no link between exposure to the chemical and cancer.

India to monitor cooking oil reuse

November 30, 2017

The Food Safety and Standards Authority of India (FSSAI) is adding regulations on the reuse of vegetable oil in frying into the country’s food safety legislation.

Malay state moves for CSPO compliance over MSPO

November 29, 2017

The Malaysian state of Sabah is aiming to verify all its palm oil as Certified Sustainable Palm Oil (CSPO) by 2025 in order to secure exports to the EU.

Slovenia introduces regulation for 2% trans fat limit

November 28, 2017

Slovenia has submitted a decree proposal to the European Commission (EC) restricting the amount of trans fats allowed in oils, fats and processed foods sold in the country.

Mexico axes Monsanto’s license to market GMO soyabeans

November 27, 2017

Mexico has revoked US-based multinational agrichemical company Monsanto’s permit to commercialise its genetically modified soyabeans in seven Mexican states after allegations that the beans were found in unsanctioned areas.

Argentina biodiesel exports into EU to surpass 500,000 tonnes in 2018

November 27, 2017

Argentina is expected to export more than 500,000 tonnes of biodiesel into the European market in 2018 as a result of the EU’s September cut on import duties.

EU transport committee votes down crop biofuel, palm biodiesel phase-out

November 24, 2017

The European Parliament has voted against a biofuel policy proposal calling for a phase out of crop-based biofuels and a ban on palm oil biodiesel.

India drastically increases oilseed import duties

November 24, 2017

The Indian government has dramatically increased the import taxes on various edible oils by 60% to 100% after the country’s farmers expressed economic concerns about cheap imports.

Wilmar to acquire Cargill’s Malaysian edible oil facilities

November 23, 2017

Wilmar Kuantan Edible Oils, a Malaysian edible oils subsidiary of Asian agribusiness group Wilmar International, has entered into an agreement to purchase Cargill’s edible oil facilities in Malaysia.

USDA scraps proposed biotechnology regulation change

November 23, 2017

The US Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) has withdrawn a proposed rule change to its biotechnology regulations put forward by the outgoing Obama administration in January.

Bunge reshuffles organisational structure in cost savings programme

November 22, 2017

Global agribusiness and food firm Bunge has announced an organisational and leadership reshuffle as part of its ongoing US$250M competitiveness programme to improve its market standing.