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Latest Oils & Fats International News

Neste to launch marine fuel to comply with January 2020 global low-sulphur cap

September 04, 2019

Finnish oil and renewable fuel producer Neste is launching a new marine fuel to help shipping companies comply with new low-sulphur global regulations coming into force on 1 January next year.

Canada invests US$2.5M to tackle canola disease

September 03, 2019

The Canadian government will be investing CAD$3.4M (US$2.5M) to improve management practices and tackle emerging and established canola diseases.

Sime Darby Oils and ADVOC to market speciality fats in MENA region

September 02, 2019

Malaysia’s Sime Darby Oils (SDO) and Abu Dhabi Vegetable Oil Company (ADVOC) have announced a partnership to market oils and fats products in the Middle East North Africa (MENA) region.

Mineral oil groups ramp up HVO production in the EU

August 30, 2019

Mineral oil groups such as Neste, Eni and Total have ramped up their hydrotreated vegetable oil (HVO) production in the EU since 2012.

Bunge to relocate headquarters

August 29, 2019

US agribusiness Bunge has announced it is moving its global headquarters from White Plains, New York to St Louis, Missouri.

USDA approves Verdeca’s drought tolerant soyabean

August 29, 2019

The US Department of Agriculture (USDA) has approved a drought tolerant soyabean developed by seed developer Verdeca for commercialisation in the US market.

Van den Bosch to further bulk liquid transport activities with STACKS partnership in South Africa

August 28, 2019

Global logistics service provider Van den Bosch has signed a partnership agreement with South African freight forwarder STACKS Logistics to further develop its bulk liquid transport activities to and from South Africa.

Corto Olive and Gemsa Oils reach settlement

August 27, 2019

US olive oil company Corto Olive has reached a settlement with rival firm Gemsa Oils for allegedly infringing on its 51-49 brand and distinctive packaging of its blended olive oil.

China-USA trade war escalates with new tariff announcements

August 27, 2019

The ongoing trade war between China and USA escalated on 23 August when US President Donald Trump announced tariff hikes on effectively all Chinese imports into the USA.

AgDevCo invests in DekelOil

August 26, 2019

UK investment firm AgDevCo has invested US$9.75M in DekelOil, a large-scale palm oil producer in Côte d'Ivoire.

Benson Hill and Brownseed Genetics partner up to offer new corn hybrids

August 23, 2019

US biotech company Benson Hill Biosystems has entered a partnership with seed breeder Brownseed Genetics to offer new corn hybrids that are higher in both oil content and essential amino acids.