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Latest Oils & Fats International News

EU olive oil sales volumes decline despite rise in value

August 10, 2018

Despite growth in value sales, the European olive oil market faced declining volumes last year as consumers focused more on product quality rather than price, a new market study finds.

3F Industries makes first sustainable palm oil purchase

August 09, 2018

3F Industries, one of India’s largest edible oil importer and producers, has made its first purchase of Roundtable on Sustainable Palm Oil (RSPO) certified sustainable palm oil.

India, Indonesia sign MoU promoting sustainable palm oil

August 09, 2018

India and Indonesia have signed a memorandum of understanding (MoU) which, for the first time, recognises the Indonesian Sustainable Palm Oil (ISPO) and the Indian Palm Oil Sustainability (IPOS) frameworks as legitimate sustainability efforts.

Full fat dairy could lower risk of cardiovascular disease

August 08, 2018

A new study suggests that consumption of full fat dairy products might lower the risk of cardiovascular disease and stroke instead of increasing it.

RSPO forms Chinese sustainable palm oil alliance

August 07, 2018

The Roundtable on Sustainable Palm Oil (RSPO) has launched the China Sustainable Palm Oil Alliance (CSPOA) together with Chinese palm oil users and importers to create a platform for promoting certified sustainable palm oil (CSPO) in the country.

French researchers complete sugarcane genome sequencing

August 07, 2018

French agricultural research and international cooperation organisation CIRAD has completed sequencing the sugarcane genome, unlocking the genetic map of the last major cultivated plant.

UK alcohol-to-jet fuel project wins funding

August 06, 2018

A group of companies looking to convert carbon emissions from the steel industry into ethanol and further into jet fuel has won £410,000 (US$535,000) in funding from the UK Department of Transport’s Future Fuels for Flight and Freight Competition (F4C).

Bunge to close down Argentine soyabean crushing facility

August 03, 2018

US agritrader Bunge is planning to close down a soyabean crushing plant at the Port of Ramallo in the province of Buenos Aires, Argentina.

Retailers, fishing industry agree on limits on Antarctic krill fishing

August 03, 2018

Representatives of the krill fishing industry and major UK krill oil retailers have signed a voluntary agreement with Greenpeace to restrict krill fishing in areas around the Antarctic.

NBB challenges EPA’s 2018 US biofuel volumes

August 02, 2018

US biodiesel trade body National Biodiesel Board (NBB) has filed an opening brief in a lawsuit challenging the US Environmental Protection Agency’s (EPA) methodology in establishing biofuel volumes under the 2018 Renewable Fuel Standard (RFS).

Corto Olive sues Gemsa over olive oil trademark infringement

August 02, 2018

US olive oil producer Corto Olive has sued its competitor Gemsa Enterprises for trademark violation, claiming that Gemsa’s similar oil packaging infringes on Corto’s trademarks and branding.