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Latest Oils & Fats International News

Indonesia threatens milk powder import ban if EU continues squeeze on palm oil

November 22, 2017

Indonesia has threatened to block European milk powder imports if the European Union (EU) goes forward with its plans to restrict the import and use of palm oil.

EBB asks European Commission for countervailing duties on Argentine biodiesel

November 21, 2017

The European Biodiesel Board (EBB) has filed a complaint with the European Commission (EC) claiming Argentina is illegally subsidising its biodiesel exports, creating a market distortion.

Algal omega-3 producer AlgaeCytes opens new facility

November 21, 2017

AlgaeCytes, a UK-based firm extracting omega-3 oils from algae, is launching commercial operations at a new production facility in the Discovery Park business estate in Sandwich, Kent.

Berlin to host Fuels of the Future on 22-23 January

November 21, 2017

The 15th International Conference on Renewable Mobility “Fuels of the Future” is set to offer a broad spectrum of presentations on the latest technological developments in the transport industry, fuel and engine development.

Trump, Xi witness ADM-COFCO deal to export US soya into China

November 20, 2017

US agribusiness Archer Daniels Midland Co (ADM) and China’s state-owned food and agri firm COFCO have signed a memorandum of understanding (MoU) to export US soyabeans into China.

Cargill to invest US$240M in Indian edible oils

November 20, 2017

Global food and agriculture company Cargill will be investing US$240M over the next five years in its Indian operation.

Hot summer weather drives EU to cut sunflower forecast

November 17, 2017

The European Union (EU) has cut its annual sunflower seed harvest forecast from the one published in September due to unfavourable weather conditions impacting on the crop.

Tunisia expects record olive oil output this season

November 17, 2017

Tunisia’s Ministry of Agriculture expected the country to triple its olive oil production in the November-December season, which it hoped would give a much-needed boost to exports.

USDA: South American soya supply to plummet despite record production

November 16, 2017

Despite the all-time high soyabean production in South America this year, next year’s supply from the continent might end up significantly lower in the coming season.

IOI releases shea-based alternative to palm oil for puff pastries

November 15, 2017

IOI Loders Croklaan Europe has launched a new next generation shea-based alternative to replace palm oil in bakery products, such as croissants and Danish pastries.

Unilever collusion lawsuit in South Africa on hold due to “embarrassing” case materials

November 14, 2017

The Competition Tribunal of South Africa has asked the country’s Competition Commission to provide more evidence in its collusion case against Unilever, granting the company a moment’s breather in the margarine lawsuit.