A Kazakhstani company is getting ready to launch the country’s second processing facility manufacturing both sunflower and rapeseed oils, with a goal to export its products to the lucrative Chinese market.
An Indian NGO submitted a complaint to the country’s food safety authority on 16 March, calling for immediate action against the alleged illegal import and sale of genetically modified (GM) edible oil products in India.
US agribusiness group Archer Daniels Midland Co (ADM) will temporarily suspend production at its 275,000 tonnes/year biodiesel plant in Mainz, Germany because of increased biofuel imports into the EU, Reuters reported on 23 March.
Malaysia could call off several trade deals with EU countries, including the purchase of new fighter jets for its military, if the European bloc goes forward with its planned phase-out of palm oil biodiesel.
The EU’s antitrust authorities have approved the US$62.5bn merger of German chemicals company Bayer and American biotech firm Monsanto, which would create a company controlling more than a quarter of the global seed and pesticide market.