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Latest Oils & Fats International News

ADM launches new brand of non-GMO flaxseed oil

September 28, 2016

On 9 September, Archer Daniels Midland Company (ADM) launched a new brand of flaxseed oil called Onavita which is fully refined and non-GMO.

PepsiCo reports on palm oil sustainability progress

September 27, 2016

In September, PepsiCo released an update on its Palm Oil Action Plan launched last October, reporting that about 91% of its direct suppliers are members of the Roundtable on Sustainable Palm Oil (RSPO), accounting for some 96% of its forecasted direct palm oil volume.

INEOS to sell ethanol business in USA

September 26, 2016

INEOS Bio, USA is planning to sell its ethanol business, including the Ineos New Planet BioEnergy demonstration plant in Vero Beach, Florida, and the Ineos Bio USA Research Center in Fayetteville, Arkansas by the end of this year, Ethanol Producer Magazine reported on 7 September.

Trump election would be ‘disastrous’ for US soyabean exports

September 23, 2016

The possible election of Donald Trump as US president in the country's November presidential elections is likely to result in a trade war between the USA and China and Mexico, which would be a disaster for US exports of soyabeans, Dorab Mistry, director of Godrej International, told the Globoil conference on 22-23 September.

World palm oil supplies to fall

September 23, 2016

Total global palm oil supplies are set to fall 2.5M tonnes for October-December 2016 compared with the same period a year ago, Thomas Mielke, Editor-in-Chief of Oil World predicted at the Globoil conference in India on 22-23 September.

New global alliance to tackle food security and sustainable agriculture

September 23, 2016

Thirty-six leading agri-business companies launched the new Global Agri-business Alliance (GAA) in Singapore on 15 September to collectively tackle the environmental and social challenges facing agricultural supply chains and rural communities across the world.

Commercial production of biodiesel in New Zealand

September 22, 2016

Commercial production of biodiesel from inedible tallow at New Zealand’s first commercial-scale biofuels plant was expected at the end of August, reports Biodiesel Magazine.

World Energy acquires biodiesel refinery on Mississippi

September 21, 2016

World Energy, USA announced on 31 August that it has acquired Elevance Natchez Inc (ENI)’s 72M gallons/year biodiesel refinery on the Mississippi River in Natchez, Mississippi.

Premium payments to cocoa farmers in Cameroon

September 20, 2016

Global agribusiness giant Cargill says that over 9,500 cocoa farmers in Cameroon have received more than €1.4M (US$1.6M) in premium payments under the Cargill Cocoa Promise.

Agrium acquisitions in USA and Canada approved

September 19, 2016

Canada’s Agrium Inc has received regulatory approval to buy 18 Cargill AgHorizons retail locations across the northern US corn belt and 16 Andrukow Group Solutions locations across Western Canada, the company announced on 6 September.

12th Indonesian Palm Oil Conference (IPOC)

September 16, 2016

The 12th Indonesian Palm Oil Conference (IPOC) and 2017 Price Outlook will be held from 23-25 November at the Bali International Convention Center, the Westin Resort, in Bali, Indonesia.