Oils & Fats International News
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Japan steps up efforts to source UCO for SAF production
Efforts are being stepped up in Japan to increase used cooking oil (UCO) stocks for sustainable aviation fuel (SAF) production, according to a Reuters report.
22 June 2026 -
IATA estimates 2026 SAF production at just 0.8% of jet fuel use
Although global sustainable aviation fuel (SAF) production is expected to increase by more than 26% in 2026 compared to the previous year, it will comprise just 0.8% of jet fuel use, according to International Air Transport Association (IATA) projections.
22 June 2026 -
BHP and GCMD pilot UCO and waste animal fats biofuels in bulk carrier
Leading mining company BHP and the Global Centre for Maritime Decarbonisation (GCMD) are running a pilot project on a BHP-chartered bulk carrier using a biodiesel blend of used cooking oil (UCO) and waste animal fats.
19 June 2026 -
EBB report shows waste-based feedstocks overtake crops in EU biodiesel production
Waste-based feedstocks have overtaken crops in European Union (EU) biodiesel production, according to a report by the European Biodiesel Board (EBB).
19 June 2026 -
Neste, Goldwin, Idemitsu Kosan Co and Toray Industries establish supply chain for nylon fibre made from renewable materials
A group of companies including Finnish renewable fuels producer Neste has established a supply chain for nylon fibre from renewable materials.
18 June 2026 -
FAO May Vegetable Oil Price Index falls for first time since beginning of 2026
The benchmark United Nations’ Food and Agriculture Organization (FAO) Vegetable Oil Price Index dropped by 4.6% in May compared to the previous month – the first monthly decline since the beginning of 2026.
18 June 2026 -
Shipping companies cautious about resuming transit through Strait of Hormuz after US-Iran peace deal agreed
Transit through the Strait of Hormuz could take weeks to rebuild and navigation would only restart once safety was guaranteed, after the USA and Iran agreed a deal to reopen the waterway, Reuters quoted shippers in Asia and Europe as saying.
17 June 2026 -
Coconut producers in Lagos and other West African areas target US$19bn global coconut boom
Nigerian coastal city Lagos and other coconut-producing areas in West Africa are aiming to claim a share of the global coconut market, which is forecast to reach US$18.6bn by 2033, according to a The Nation report.
17 June 2026 -
Malaysia expands B15 biodiesel rollout as several regions advance to B20 blend
The Malaysian government has expanded its mandatory biodiesel blending programme with a nationwide rollout of a palm oil-based biodiesel blend of 15% (B15) and several regions advancing to a higher B20 blend, BioEnergyTimes wrote.
17 June 2026 -
Acelen secures US$1.5bn to develop Brazilian biorefinery
Energy company Acelen Renewables has secured US$1.5bn to develop a biorefinery in Brazil with capacity to produce 1bn litres/year of sustainable aviation fuel (SAF) and renewable diesel.
16 June 2026 -
USTR proposes to set 25% tariff on most goods from Brazil
The Office of the US Trade Representative (USTR) has proposed setting a 25% tariff on most Brazilian imports into the USA following its investigation into unfair trade practices by the South American country, Ethanol Producer reported.
16 June 2026 -
Wilmar International forms joint venture with TGI Group for West African agri and food businesses
Leading Asian agribusiness Wilmar International has formed a new 50:50 joint venture with Tropical General Investments Group (TGI Group).
15 June 2026 -
Malaysian palm oil exports to face pressure from Indonesian push
Malaysia’s palm oil exports could decline for a third consecutive month in June if buyers turn to discounted Indonesian supplies before Jakarta fully centralises palm oil exports, The Star wrote.
15 June 2026