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Latest Oils & Fats International News


EU oilseed production supports prices

May 12, 2016

Oilseed production in EU-28 could see a slight rise in 2016, compared to the previous year, according to a UFOP report published 4 May. This rise would be seen in soyabean and sunflower, however the rapeseed harvest may dip further.


Avril Sofipreteol to cut biodiesel production

May 11, 2016

Due to lower than expected demand, France’s Avril Sofipreteol announced on 21 April that it would cut its biodiesel production this year, Biofuels Digest reported.


Political crisis in Brazil hits grain trade

May 10, 2016

If Brazil’s President Dilma Rousseff is impeached, trading companies and consultants have predicted that the real will continue to strengthen, reducing the country’s price advantage in local commodities, curbing foreign sales, Reuters reported on 14 April.


New R&D centre for BASF

May 09, 2016

BASF’s Crop Protection division announced it has put into operation a new R&D centre at its headquarters in Limburgerhof, Germany, on 21 April.


Air New Zealand and Virgin Australia seeking bio jet fuel opportunities

May 06, 2016

Air New Zealand and Virgin Australia announced a partnership on 22 April that would investigate a sustainable locally produced bio jet fuel for use in their planes, Biofuels International reports.


ABCDs no longer major players in Brazil

May 05, 2016

The world’s agribusiness ABCDs – Archer Daniels Midland (ADM), Bunge, Cargill and Louis Dreyfus – are no longer the major market players in Brazilian oilseed and grain export, according to Reuters, which analysed 10 years of shipping data from Williams Shipping Agency.


Clariant boosts bleaching earth capacity in Mexico by 30%

May 04, 2016

Specialty chemicals company Clariant announced that it had increased production capacity for its Tonsil bleaching earths at its Puebla site in Mexico by 30%. 


Golden Agri-Resources aims for 100% palm oil traceability by 2020

May 03, 2016

Golden Agri-Resources (GAR) has published a time-bound plan to achieve 100% traceability for all of the palm oil purchased and processed by the company by 2020, the company announced on 26 April. 


New ADM-Medsofts joint venture deal complete

May 02, 2016

Archer Daniels Midland Company (ADM) announced on 21 April that it had completed its acquisition of a 50% stake in Cairo-based Medsofts Groups to form the 50-50 ADM Medsofts joint venture.


Glencore confirms sale of 40% stake in agricultural business

April 29, 2016

Commodity giant Glencore confirmed on 6 April that it had agreed to sell a 40% stake in its agricultural business to Canada Pension Plan Investment Board (CPPIB).


Global GM crop area falls for first time

April 28, 2016

The global planted area used for GM crops declined for the first time in 20 years during 2015, according to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA).