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Latest Oils & Fats International News


US Justice Department and EPA say Roundup cancer verdict should be reversed

January 06, 2020

The US Environmental Protection Agency (EPA) and Justice Department have thrown their support behind German chemical and pharmaceuticals firm Bayer AG, asking a federal appeals court to reverse a verdict finding Bayer’s weedkiller responsible for a California man’s cancer.


Indonesia files WTO lawsuit against EU

January 03, 2020

Indonesia has filed a lawsuit at the World Trade Organization (WTO) against the EU, claiming the bloc’s restrictions on palm oil-based biofuel are unfair, the country’s trade ministry said in a statement on 15 December.


Bunge agrees to sell Brazilian margarine and mayonnaise businesses

January 02, 2020

US agribusiness giant Bunge announced on 20 December that it had agreed to sell its margarine and mayonnaise assets in Brazil to Brazilian food processing firm Seara Alimentos SA.


EC authorises eight GM products for food and feed use

January 02, 2020

The European Commission (EC) has authorised eight GMOs for food and feed use in the EU for 10 years.


Global butter sales to grow steadily as demand for butter flavouring continues to rise

December 31, 2019

The global butter market has grown significantly in the past few years and is forecast to reach a value of US$39bn by the end of 2029.


Palm and soyabean biodiesel to rise in Asia and Americas

December 30, 2019

Biodiesel production from soyabean and palm oils is expected to increase in North and South America as well as Southeast Asia, according to Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).


Soya farming starves honey bees study shows

December 27, 2019

A multi-year study published on 25 November found evidence that commodity crop production – such as soyabean farming – could be depleting honey bees’ access to food sources.


Evonik to increase biodiesel catalyst capacity in Argentina

December 24, 2019

German chemical company Evonik will increase its production capacity for the biodiesel catalyst, sodium methylate, at its Rosario, Santa Fe facility in Argentina from 60,000 to 90,000 tonnes.


BASF launches omega-3 product for non-alcoholic fatty liver disease

December 23, 2019

BASF Nutrition & Health is launching an omega-3 fatty acid product in Switzerland to help patients manage Non-Alcoholic Fatty Liver Disease (NAFLD), its first market in continental Europe for the product.


Argentina’s new government hikes grain and oilseed export taxes

December 20, 2019

Argentina has ramped up export taxes on soyabeans, grains and their derivatives on 14 December to raise revenue needed to tackle a mountain of looming sovereign debt, Reuters reports.


Neste to turn Christmas ham fat waste into renewable diesel

December 19, 2019

Finnish renewable fuel and chemicals firm Neste will be collecting Christmas ham fat waste to produce its renewable diesel for the fourth year in a row as part of its annual Kinkkutemppu (Ham Trick) campaign.