Oils & Fats International News
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Bayer acquires camelina germplasm and IP from Smart Earth Camelina
German chemical giant Bayer has acquired camelina germplasm, intellectual property assets (IP) and materials from Canadian camelina company Smart Earth Camelina.
20 January 2025 -
Canada’s Tidewater files anti-dumping complaint against US renewable diesel imports
Canadian biofuels producer Tidewater Renewables has asked the federal government to impose countervailing and anti-dumping duties on US renewable diesel imports.
20 January 2025 -
Peru palm oil producer linked to deforestation
Peruvian palm oil producer the Ocho Sur group has been linked to deforestation in the South American country, according to a report by non-profit journalism organisation, the Pulitzer Center.
17 January 2025 -
Indonesia curbs exports of used cooking oil (UCO) and palm oil mill effluent (POME) to help domestic market
The Indonesian government has issued a new regulation to curb exports of used cooking oil (UCO) and palm oil residue in a bid to ensure supply for its domestic market, Reuters reported.
17 January 2025 -
China approves new GM, gene-edited crops
The Chinese government has approved five gene-edited (GE) crops and 12 types of genetically modified (GM) soyabean, corn and cotton in a bid to boost high-yield varieties, reduce reliance on imports and ensure food security, Reuters reported.
16 January 2025 -
EU national governments approve definitive duties on biodiesel from China
National governments in the European Union (EU) have approved definitive duties on biodiesel (HVO and FAME) from China.
16 January 2025 -
New EU-Mercosur free trade deal to impact agriculture and olive oil trade
A new free trade deal between Europe and South American countries could impact the agriculture sector and olive oil trade, Olive Oil Times wrote.
15 January 2025 -
New grain and soyabean terminal opens in Saudi Arabia
National Grain Company - a joint venture between the Saudi Agricultural and Livestock Investment Co (SALIC) and Saudi shipper Bahri - have opened a new grain and soyabean terminal in Saudi Arabia, World Grain wrote.
15 January 2025 -
Indonesia delays B40 while GAPKI warns news 10% export tax will make country’s palm oil exports less competitive
The Indonesian government has delayed the nationwide introduction of its B40 blending policy, which mandates a 40% palm oil mix with 60% diesel fuel, Reccessary reported.
15 January 2025 -
Political turmoil hampers efforts to revive Syrian olive oil exports
Efforts to revive Syrian olive oil exports following the overthrow of former President Bashar al-Assad have been held back by political turmoil, Olive Oil Times wrote.
14 January 2025 -
Suez toll revenue drops by 60% and canal tests two-way traffic
Toll revenue at the Suez Canal has dropped by 60% this year – a loss of U$7bn for the Egyptian economy – amid attacks on shipping in the Red Sea and ongoing regional tensions, FreightWaves wrote.
14 January 2025 -
Oiltek secures contract for new 200 tonnes/day crude palm kernel oil fractionation plant in Malaysia
Vegetable oil process technology provider Oiltek International has secured new contracts for a new 200 tonnes/day crude palm kernel oil (CPKO) fractionation plant in Malaysia.
13 January 2025 -
Brazil’s soyabean outlook boosted by ideal weather conditions
Ideal weather conditions throughout Brazil have increased soyabean yields and raised expectations of another bumper crop on an increased planted area for 2024/25, according to a US Department of Agriculture (USDA) report.
13 January 2025