Oils & Fats International News
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USA ships record volume of soyabeans and corn to China in final quarter 2020
The USA shipped record volumes of soyabean and corn to China during the final quarter of 2020, AgriCensus reported from US Census Bureau data on 5 February.
23 February 2021 -
Bayer sets up US$2bn fund to resolve future Roundup lawsuits
German chemicals giant Bayer has announced a US$2bn fund to resolve future cancer lawsuits involving the glyphosate-based herbicide Roundup, Reuters reported on 3 February.
22 February 2021 -
Storm causes havoc for US Gulf logistics
Heavy snow in parts of southern USA has disrupted logistics in the key export hub of the US Gulf and was likely to bring further delays, AgriCensus reported on 17 February.
22 February 2021 -
Brazil set for record soyabean crop
Brazil is forecast to bring in a larger soyabean crop this year while a slight drop is expected in Argentina’s harvest, according to a report by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) at the start of February.
19 February 2021 -
Fat-soluble vitamins may help reduce COVID-19 infectivity
A new study suggests that fat-soluble vitamins may help reduce COVID-19 infectivity, NutritionInsight reported on 29 January.
19 February 2021 -
University of Calgary study produces new canola type with potential for higher yields
A team from the University of Calgary has used gene editing to produce a shorter canola plant with more branches and flowers, the university announced on 1 February.
18 February 2021 -
ECB Group Paraguay to sell more than 2.5bn litres of biofuels to Shell
Biofuels producer ECB Group Paraguay announced on 26 January that it had signed a multi-year contract to supply global energy giant Shell with more than 2.5bn litres of renewable diesel and renewable jet fuel.
18 February 2021 -
2nd Virtual Palm and Lauric Oils Price Outlook Conference 2021 (Virtual POC2021) to be held on 23 and 24 March
Bursa Malaysia Derivatives (BMD) is proud to present the 2nd Virtual Palm and Lauric Oils Price Outlook Conference 2021 (Virtual POC2021) on 23-24 March 2021.
17 February 2021 -
Marine sulphur oxide emissions drop in first year of new limits
The introduction of new sulphur limits in marine fuel has led to a 70% drop in emissions from shipping, according to a statement by the International Maritime Organization (IMO) on 28 January.
17 February 2021 -
Creo produces rare cannabinoid CBGA at demo scale
US cannabinoid ingredient firm Creo has successfully produced rare cannabigerolic acid (CBGA) at demonstration scale, the company announced on 28 January.
16 February 2021 -
CVR Energy to revamp Oklahoma refinery to produce renewable diesel
US petroleum refining company CVR Energy is planning to convert its Oklahoma refinery to renewable diesel production using Haldor Topsoe’s HydroFlex technology.
15 February 2021 -
EC adds natural hemp-derived CBD to cosmetic ingredient database
The European Commission (EC) has added natural hemp-derived cannabidiol (CBD) to its cosmetic ingredient database CosIng, Hemp Today reported on 2 February.
15 February 2021 -
Argentina soya meal set to drop to 40% of world trade in 2020/21
The proportion of Argentine soya meal in global markets is expected to drop to its lowest level in two decades in the 2020/21 cycle, AgriCensus reported on 1 February from a Rosario Board of Trade (BCR) report.
12 February 2021