company logo

Latest Oils & Fats International News


Raizen plans second-generation ethanol production from 2014

February 12, 2013

Brazil’s Raizen, the joint venture of sugar producer Cosan and Royal-Dutch Shell, will begin commercial production of second-generation ethanol beginning in 2014, Reuters reports.


Indonesia looks at boosting biofuel production

February 12, 2013

Indonesia, the world’s biggest palm oil producer, is mulling a move to boost biodiesel production to manage abundant local supplies, The Jakarta Post reported in January.


Novozymes teams up with Beta Renewables

February 12, 2013

Novozymes, the world’s largest producer of industrial enzymes, and Beta Renewables, a leader in cellulosic biofuels and part of Italy’s Mossi & Ghisolfi group, announced an agreement late last year to jointly market cellulosic biofuel solutions.


EU register to identify biofuel origins

February 12, 2013

The European biofuel industry has decided to set up a permanent register to identify the origin of biofuels used in the European Union (EU).


Malaysia cuts CPO export tax

January 14, 2013

Malaysia will cut its export duty on crude palm oil (CPO) from 1st January in order to compete with Indonesia, which cut its export taxes in October 2011.


EU presents new biofuel rules with delays on ILUC measures

January 14, 2013

On 17 October, the European Commission (EC) formally presented its proposed new rules governing biofuels and their impact on energy and climate change, which delayed the implementation of any crop-specific measures on indirect land use change (ILUC) (see also News, OFI Oct/Nov 2012).


Hazardous toxins found in jatropha

January 14, 2013

The US Food and Drug Administration (FDA) has issued a notification to the industry that products using oils, glycerin or protein derived from the jatropha plant may have toxic effects.


Cargill and Huntsman commit to choosing most fuel-efficient ships

January 14, 2013

Agribusiness giant Cargill has joined with chemicals player Huntsman and petroleum trader Unipec UK (London) to make a commitment to chartering only the most efficient vessels operating in the international shipping market, and thereby to reduce related carbon emissions.


Clariant-Wilmar joint venture

January 14, 2013

Speciality chemical company Clariant and Asian agribusiness group Wilmar International have agreed to set up a joint venture to produce and sell fatty amines and their derivatives.


Support in USA for GM labelling

July 25, 2012

Support in USA for GM labelling. The US Food and Drug Administration (FDA) has received over one million comments in response to a petition on whether or not food containing genetically modified materials should be labelled for the consumer, Soyatech reports.


Felda achieves US$3.3bn in IPO

July 25, 2012

Felda achieves US$3.3bn in IPO. Shares in Malaysian palm oil giant, Felda Global Ventures Holdings Bhd, surged as high as 20% on the day of its initial public offering (IPO) on 28 June, Reuters reports.