company logo

Latest Oils & Fats International News

Grain elevators may refuse unapproved GM seeds, US rules

October 28, 2014

In August, in response to a lawsuit filed by Syngenta against Bunge – which refused to accept Syngenta’s Agrisure Viptera variety of corn – the US court of federal appeals ruled that “A biotech developer cannot use a century-old warehouse law to force a grain elevator company to accept its genetically engineered corn”. 

ADM gains second US export terminal in Pacific Northwest

October 28, 2014

Archer Daniels Midland (ADM) has acquired an ownership stake in a second export terminal in the US Pacific Northwest, a vital gateway for US agricultural shipments to Asia, according to a Reuters report.

Superabsorbent polymers closer for BASF, Cargill and Novozymes

October 28, 2014

BASF, Cargill and Novozymes announced on 15 September that they had progressed another step in producing acrylic acid from renewable raw materials with the successful conversion of 3-hydroxypropionic acid (3-HP) to glacial acrylic acid.

Sime Darby makes US$1.74bn offer for NBPOL

October 09, 2014

Sime Darby Plantation Sdn Bhd offered to buy Papua New Guinea-based New Britain Palm Oil (NBPOL) for some US$1.74bn or £7.15/share on 9 October.

West Africa Ebola outbreak threatens chocolate industry

October 09, 2014

The Ebola outbreak currently sweeping its way through West Africa could threaten the global chocolate industry, The Telegraph reported on 7 October.

Bühler launches new sunflower dehuller

October 02, 2014

Bühler has launched a new horizontal sunflower impact dehuller, the ‘DGBB’, which the company said facilitates optimal extraction results when processing sunflowerseeds, with efficient dehulling and minimised broken seeds.

Sime Darby pulls out of NBPOL purchase

October 01, 2014

Sime Darby Bhd has aborted plans to buy a 49% stake in New Britain Palm Oil Ltd (NBPOL) from Kulim (Malaysia) Bhd, paving the way for Felda Global Ventures Holdings Bhd (FGV) to purchase the stake and enter into the Papua New Guinea market for the first time, The Sun Daily reported on 1 October.

Optimistic mood in Indian edible oil market

September 29, 2014

The global oils and fats market looks set to be “flooded with soyabeans”, with an extra 35-37M tonnes of production expected in the 2014/15 season, bringing the crop to some 311M tonnes, Thomas Mielke, editor-in-chief of Oil World told the Globoil conference in Mumbai, India on 27-28 September.

‘I Can’t Believe It’s Not Gutter’

September 19, 2014

The problem of “gutter oil” in Asia continues as news of the latest food scandal emerges involving Taiwanese food oil manufacturer Chang Guann Co, which has led to product recalls in Hong Kong and Taiwan. “Gutter” oil is illegal cooking oil that has been recycled from waste oil or discarded animal parts.

Jan Kees Vis receives European Lipid Technologist Award

September 19, 2014

Jan Kees Vis, Unilever’s global director of sustainable sourcing, has received the European Lipid Technologist award, presented to him at the Euro Fed Lipid Congress held from 14-17 September 2014 in Montpellier, France.

Olam protects African operations against Ebola

September 15, 2014

Agribusiness giant Olam International has introduced measures to protect its staff and products in Nigeria from the West Africa Ebola outbreak, the worst recorded outbreak of the virus that has so far claimed 2,300 lives in the region.