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Latest Oils & Fats International News


Cargill and Huntsman commit to choosing most fuel-efficient ships

January 14, 2013

Agribusiness giant Cargill has joined with chemicals player Huntsman and petroleum trader Unipec UK (London) to make a commitment to chartering only the most efficient vessels operating in the international shipping market, and thereby to reduce related carbon emissions.


Clariant-Wilmar joint venture

January 14, 2013

Speciality chemical company Clariant and Asian agribusiness group Wilmar International have agreed to set up a joint venture to produce and sell fatty amines and their derivatives.


Support in USA for GM labelling

July 25, 2012

Support in USA for GM labelling. The US Food and Drug Administration (FDA) has received over one million comments in response to a petition on whether or not food containing genetically modified materials should be labelled for the consumer, Soyatech reports.


Felda achieves US$3.3bn in IPO

July 25, 2012

Felda achieves US$3.3bn in IPO. Shares in Malaysian palm oil giant, Felda Global Ventures Holdings Bhd, surged as high as 20% on the day of its initial public offering (IPO) on 28 June, Reuters reports.


Raizen respects tribe lands and expects larger exports

July 25, 2012

Raizen respects tribe lands and expects larger exports


Solvay to build second glycerine-to-epichlorohydrin plant in Asia

July 25, 2012

Solvay to build second glycerine-to-epichlorohydrin plant in Asia. Solvay SA announced in early June that it would build a E155M (US$194M) 100,000 tonnes/year epichlorohydrin (ECH) plant in China’s Taixing Economic Development Park, through its Thai affiliate, Vinytha


Airlines experiment with biofuel after Lufthansa’s success

May 31, 2012

On 13 April 2012, Qantas flew from Sydney to Adelaide on bio-based jet fuel derived from used cooking oil, used to power Lufthansa’s Hamburg to Frankfurt jet for six months last year.


CFTC moves to cap speculative trading

January 13, 2012

The Commodity Futures Trading Commission (CFTC), the US federal regulator for derivatives trading, voted on 18 October to approve rules to curb speculative trading, mandated by the provisions of the federal Dodd-Frank overhaul of financial regulations.