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Latest Oils & Fats International News


BASF produces first commercial volumes of renewable butanediol

March 13, 2014

BASF announced early December that it had produced its first commercial quantities of 1,4-butanediol (BDO) from renewable raw materials, using patented fermentation technology licensed from California-based Genomatica that uses dextrose as the starting material.


Panama Canal set to lower US transport costs to Asia

March 13, 2014

The cost to transport grain and oilseeds from the US corn belt to Asia will drop by around 12% upon completion of the Panama Canal expansion, according to a new report by Rabobank.


China introduces levy on biodiesel imports

March 11, 2014

At the beginning of the year, China began levying a consumption tax on imported biodiesel and some types of kerosene, a customs official said, a move aimed at curbing imports of the fuel that have taken the market share from state refiners, Reuters reported in January.


Brazil losing sugar and ethanol mills to gasoline preference

March 11, 2014

Sugar and ethanol mills in Brazil will probably continue to shut down, Bloomberg reported in December, even after the government raised prices for gasoline, because it will not be enough to lift demand for the competing biofuel.


Ethanol plant sold off amid uncertainty over mandates

March 11, 2014

In January, Bunge North America Inc, a division of Bunge Ltd, sold its stake in a Mississippi ethanol plant in what is likely to be the first in a spate of industry deals amid uncertainty over biofuel use in the USA, Reuters reports.


Philippine biofuel producers increase nation’s capacity

March 11, 2014

Biodiesel producers in the Philippines have expanded their capacity by 70.3M litres/year, ahead of the implementation of a higher biodiesel blend in petroleum products, EIN Presswire reported in January.


Less saturated fat in Kit Kat bars and other products in UK

January 02, 2014

Global food company Nestlé announced on 28 October that it is reformulating its biggest confectionery brand – the Kit Kat chocolate bar – in the UK and Ireland, to remove 3,800 tonnes of saturated fat from the more than one billion Kit Kat bars sold in the two countries per year.


EU to impose punitive duties on Argentina and Indonesia

January 02, 2014

EU member states voted on 23 October to impose five-year punitive duties on biodiesel imported from Argentina and Indonesia, backing the European Commission (EC)’s view that producers in the two countries are dumping or selling biodiesel at below a fair market or cost price.


Biotech companies oppose US labelling initiative ‘I-522’

January 02, 2014

Monsanto has contributed US$4.6M to fight ‘Initiative 522’ (I-522), a measure that would require US labelling of genetically engineered foods from 1 July, 2015, according to a 10 September Soyatech news report.


Second phase in Brazilian ethanol pipeline underway

January 02, 2014

Construction of the second phase of Brazil’s first ethanol pipeline went underway in October last year, reports Biofuels Digest.


Oversupply of fatty alcohols looms

January 02, 2014

Independent analyst Oleoline has been the latest to warn of a continued global oversupply of fatty alcohols well into the future. In a report written by Dr Brian Rossall, and describing “dramatic developments”, it identifies 1.5M tonnes of additional capacity to be built in “the foreseeable future.”