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Latest Oils & Fats International News


Delaware is headquarters for two of new DowDuPont businesses

April 07, 2016

DuPont and Dow announced on 19 February that Delaware, USA would be the location for the headquarters of the agriculture company they intend to create after completion of their proposed merger. 


European Parliament approves zero-duty olive oil from Tunisia

April 06, 2016

On 10 March, the European Parliament approved an emergency aid package for Tunisia, which includes a regulation to allow the EU to import 70,000 tonnes of olive oil over two years without additional duties, Olive Oil Times reports.


Record soya exports from Paranaguá

April 05, 2016

Soya was the most important product shipped from Brazil’s port of Paranaguá in 2015, with 8.5M tonnes exported last year, reports World Grain.


BP ethanol production nearly doubled in 2015

April 05, 2016

UK petroleum giant BP Plc increased its ethanol production by 47% last year compared to 2014, according to SeeNews.


Russia to be largest oilseed meal consumer in Caspian-Black Sea region

April 04, 2016

USDA forecasts predict that Russia will become the largest consumer of oilseed meals among all countries in the Caspian-Black Sea region in 2015/16, APK Inform reports on 1 April.


Cargill reports on Cocoa Promise

April 01, 2016

On 7 March, global agribusiness giant Cargill published its second report on the company’s Cocoa Promise.

It said it had introduced a monitoring and evaluation system to improve the effectiveness of its activities, enabling a more evidence-based approach to help raise the living standards of farmers and their families, as well as to address the sustainability challenges in the cocoa supply chain.


EFSA confirms Xf is causing olive disease in Italy

March 31, 2016

The European Food Safety Authority (EFSA) said on 29 March that a new study has confirmed that Xylella fastidiosa is responsible for the olive quick decline syndrome, which is destroying olive trees in southern Italy.


WTO rules in favour of some Argentine claims in biodiesel anti-dumping row with EU

March 30, 2016

The World Trade Organization (WHO) has ruled in favour of several of Argentina’s complaints filed with the international body against anti-dumping duties imposed on biodiesel imports by the EU, Reuters reported on 29 March.


Tietê-Paraná waterway re-opens

March 29, 2016

Brazil’s key Tietê-Paraná waterway re-opened at the end of January after a 20-month closure due to drought and the diversion of water for electricity, reports the Estado de S Paulo newspaper.


Short drop forecast for Ukrainian rapeseed area

March 28, 2016

A sharp drop in rapeseed area is forecast for Ukraine for this year, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) said in a press release on 17 March.


Nestle to buy Osem in Israel

March 25, 2016

Swiss food giant Nestle SA has agreed to buy out the remaining minority stake of Israel's largest listed food-maker, Osem, for about US$840M, it was reported on 4 March.