company logo

Latest Oils & Fats International News


Cocoa oil, baked goods face US$60bn tariffs from China

August 17, 2018

China has announced US$60bn worth of tariffs on various US goods, including cocoa oil and confectionery, that it intends to implement as retaliation after the USA imposed 25% tariffs on US$200bn of Chinese products.


Avril resumes running biodiesel plants at 100% capacity

August 17, 2018

After limiting production earlier in the year, French biodiesel producer Avril has returned to running its plants at full capacity due to high petroleum oil prices and increasing demand.


Malaysia explores new markets for palm oil

August 16, 2018

Malaysia is exploring new markets for palm oil through “good connections” with several nations as environmental concerns are threatening to close off its traditional markets.


Greenergy to buy idle Oiltanking biodiesel facility

August 16, 2018

UK biodiesel firm Greenergy is purchasing its third biodiesel plant through an agreement reached with tank terminal operator Oiltanking on the latter’s idle manufacturing facility in Amsterdam.


Europe-wide heatwave drives rapeseed yields down, prices up

August 15, 2018

The summer heatwave in Europe is threatening the region’s rapeseed crops and is expected to lead to a significantly smaller harvest than previously forecast and higher rapeseed prices.


Argent Energy to acquire Amsterdam biodiesel facility

August 15, 2018

UK-based biodiesel producer Argent Energy Group, a subsidiary John Swire & Sons, is set to acquire Dutch Simadan Group’s biodiesel production, tank storage and cleaning facilities in Amsterdam.


EU provides aid to drought-stricken farmers

August 14, 2018

The EU Commission (EC) has implemented two measures aimed at helping farmers struggling with the ongoing drought conditions in Europe, caused by the prolonged summer heatwave that has scorched the continent.


Glencore seeks to double grain export capacity at Port of Taman

August 14, 2018

Global commodity trade Glencore is looking to nearly double its grain export capacity at the Russian Port of Taman by purchasing the terminal usage rights of Ukraine’s Kernel Holding.


Monsanto fined US$289M in ex-groundskeeper’s glyphosate cancer trial

August 13, 2018

US biotech firm Monsanto has been ordered to pay US$289M in damages after a jury found the company liable for a terminally ill man’s cancer, allegedly stemming from Monsanto’s glyphosate-based Roundup herbicide.


Unilever reports good growth in first half of 2018 despite challenging markets

August 13, 2018

Anglo-Dutch consumer goods juggernaut Unilever reported good all-around performance of its businesses despite some challenging market conditions.


USDA to increase efforts on GE crops after EU ruling

August 10, 2018

Following the EU’s decision to consider genome edited (GE) crops as genetically modified organisms (GMOs), the US Department of Agriculture (USDA) is intending to ramp up its efforts to work with global partners towards science-based regulatory approaches.