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Latest Oils & Fats International News


Drought to cut Brazilian soyabean production

March 11, 2019

Soyabean production in Brazil’s key producing states is expected to fall by 5-30% as a result of drought conditions, according to a 22 February Global Agricultural Information Network report from the US Department of Agriculture (USDA).

 


Malaysian minister proposes halting oil palm plantation expansion

March 11, 2019

Malaysia plans to halt all expansion of oil palm plantations this year in a bid to tackle concerns about deforestation, Malaysian Minister of Primary Industries Teresa Kok said in an interview with the Taipei Times on 1 March.


Pipeline Foods buys SunOpta’s non-GM soya and corn business

March 08, 2019

US organic and non-GM food supplier Pipeline Foods LLC has acquired the organic and non-GM soya and corn business of Canada’s SunOpta Inc for US$66.5M.


First Roundup cancer test trial begins in California

March 08, 2019

The first US ‘bellwether’ or test case hearing allegations that Bayer’s popular glyphosate-based weedkiller Roundup causes cancer began in California on 25 February, Reuters reports.

 


China revokes Canadian firm’s licence to ship canola in escalating trade tensions

March 07, 2019

China has cancelled a major Canadian grain handler’s registration to export canola seeds to China in the latest flare-up of diplomatic and trade tensions between the two countries, CBC News reports.

 


Kernel acquires interest in ViOil Holding Ltd

March 07, 2019

Kernel Holding SA, Ukraine’s largest producer and exporter of sunflower oil, announced on 20 February that it had acquired a 5.85% interest in ViOil Holding Ltd, which operates two multi-seed oil extraction plants with a crushing capacity of 1.1M tonnes/year.


New algae strain could be used to produce cheaper biodiesel

March 06, 2019

Researchers at the US Montana State University (MSU) are exploring ways to utilise a recently discovered algae strain to produce biodiesel more cheaply, Biofuels International reported on 15 February.


Foreign trade of biodiesel at record level

March 05, 2019

German foreign trade of biodiesel hit record highs in 2018, totaling around 3M tonnes, with imports showing striking growth, according to a press release by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) on 19 February.


Indonesia asks India to cut palm oil tariffs to match Malaysia’s

March 04, 2019

Indonesia has asked India to cut its tariff on refined palm oil to 45% and has offered market access for Indian sugar in exchange, the Indonesian trade ministry said on 23 February.


EC urges update of ‘scrubber’ rules to protect marine environment

March 04, 2019

The European Commission (EC) is urging the International Maritime Organization (IMO) to change its rules under which liquid effluents can be discharged from marine ‘scrubbers’ into the sea.


Eni and RenOils collaborate to promote the recovery of used vegetable oils

March 01, 2019

Italian oil and gas firm Eni and the national waste vegetable oil and animal fats consortium, RenOils, will be working together to promote the recovery of used vegetable oils, the two institutions announced in a press release on 14 February.