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Latest Oils & Fats International News

ASTM develops new standard for GMOs

July 08, 2019

International standards organisation ASTM International is developing a new standard to classify microorganisms aimed at giving more detailed information beyond whether they are genetically modified (GM) or not.

FDA to allow qualified health claims for EPA and DHA

July 05, 2019

The US Food and Drug Administration (FDA) has announced that it will not object to the use of certain qualified health claims claiming that consuming eicosapentaenoic (EPA) and docosahexaenoic (DHA) omega 3 fatty acids in food or dietary supplement may reduce the risk of hypertension and coronary heart disease.

US judge to slash US$80M in Roundup verdict

July 04, 2019

A US judge has said he would reduce an US$80M damage award against German chemicals group Bayer to US$50M or less, in a case where a jury ruled the company’s glyphosate weedkiller as a “substantial factor” in causing a man’s cancer, Reuters reported on 3 July.

Nigeria to boost palm oil production by 700% over next eight years

July 04, 2019

Nigeria is planning to increase its palm oil production by 700% over the next eight years to improve its foreign exchange earnings, Bloomberg reported on 14 June.

Ship owners object to B30 biodiesel as Indonesia begins testing

July 03, 2019

Indonesia began testing B30 biodiesel on 13 June but ship owners are opposed to the higher blend, citing higher operating costs and poor performance in engines, according to a Jakarta Post report on 19 June.

Cargill and other food giants not on track to end deforestation by 2020

July 02, 2019

Agribusiness giant Cargill Inc and the broader food industry will fail to meet a goal of eliminating deforestation by 2020, the company said on 13 June.

Bayer pledges US$5.6bn in weed killer research

July 01, 2019

German chemicals firm Bayer AG has promised to invest US$5.6bn in weed killer research as it fights to repair its reputation in the wake of three multi-million dollar verdicts against it linking its Roundup glyphosate pesticide with cancer.

China retains anti-dumping tariffs on US distillers grains

June 28, 2019

China will maintain its anti-dumping and anti-subsidy tariffs on imports of US distillers grains (DDGs), a by-product of ethanol production used for animal feed, Reuters reported on 19 June.

US federal grand jury charges 21 in grease theft ring

June 27, 2019

Twenty-one people have been indicted by a grand jury in the USA for stealing large quantities of used cooking oil (UCO) in a major grease theft ring.

Malaysia strikes palm oil barter deal with China

June 27, 2019

Malaysia has struck a palm oil barter deal with China, in which it will export an additional ¥1bn (US$144M) worth of palm oil (about 200,000 tonnes) to the country, said Primary Industries Minister Teresa Kok. 

Clearer EU biodiesel policy leads to recovery of French Avril group

June 26, 2019

French agro-industrial group Avril has seen a notable recovery in the second half of 2018, after cutting its biodiesel production and seed crushing at the start of the year due to an influx of Argentine biodiesel into Europe.