Oils & Fats International News
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Bunge raises full-year outlook following strong third quarter results
Global agribusiness giant Bunge has raised its outlook for the full year following strong third quarter results, the company announced on 27 October.
15 November 2021 -
Leading UK supermarkets and environmental groups set out roadmap for deforestation-free soya industry
A roadmap has been launched by the Retail Soy Group – a collaboration of major UK supermarkets and environmental groups – to deliver a deforestation-free soya industry.
12 November 2021 -
Pakistan withdraws palm oil import tax reductions
The government of Pakistan has backtracked on its decision to reduce palm oil import duties and taxes due to a lack of industry response, AgriCensus reported from local media reports on 28 October.
12 November 2021 -
Growth of vegan market drives increased shea butter consumption
The growth of the plant-based food sector is driving sales of shea butter, according to global speciality oil supplier Kerfoot.
11 November 2021 -
Research forecasts China’s rising demand for food will put pressure on environment beyond its borders
China’s rising demand for soya, beef and dairy products will require an additional 63M ha of agricultural land from all its trading partners, according to new research reported by Eco-Business on 21 October.
11 November 2021 -
BP joins LANXESS for renewable raw materials for plastics production project
Speciality chemicals company LANXESS and global energy giant BP have partnered on a project to produce plastics from sustainable raw materials, LANXESS announced on 13 October.
10 November 2021 -
TEPSA Tarragona gets go-ahead to import animal by-products for biofuels production
Independent bulk liquid storage company TEPSA Tarragona (TEPSA) has been given approval to import animal by-products for biofuels production, Biofuels International reported on 22 October.
10 November 2021 -
LDC and Port of Seattle union workers reach agreement
Union workers at the Port of Seattle’s export grain terminal in North Harbour, USA, have reached an agreement with Louis Dreyfus Co (LDC) following three years of negotiations, World Grain reported on 26 October.
09 November 2021 -
ADM teams up with Gevo to produce SAF
Global agribusiness giant Archer Daniels Midland (ADM) has teamed up with renewable energy company Gevo to produce sustainable aviation fuel (SAF) and other hydrocarbon fuels, ADM announced on 25 October.
09 November 2021 -
SAF makes debut at Gatwick Airport
Sustainable aviation fuel (SAF) has been introduced at Gatwick Airport, UK, through a collaboration between leading renewable diesel producer Neste, aviation fuel supplier Q8Aviation, airline company easyJet and the airport, Neste announced on 19 October.
08 November 2021 -
Study finds full-fat milk beneficial for young children
Current public health advice for children to avoid drinking full-fat milk should be revised, according to a new study reported by Farm Online on 13 October.
08 November 2021 -
ADM sees third quarter profits more than double due to strong crushing margins and vegetable oil demand
Global agribusiness giant Archer Daniels Midland (ADM) has announced that its profits more than doubled in the third quarter of this year to US$526M compared to the same period in 2020.
08 November 2021 -
Study finds krill oil aids metabolic health conditions
A new study has found that krill oil (KrO) may help underlying problems associated with metabolic health conditions such as early-stage fatty liver disease and obesity.
05 November 2021