Oils & Fats International News
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Merger creates first US-Canada-Mexico rail network
Canadian Pacific Railway (CP) has agreed to purchase the Kansas City Southern railroad for US$29bn, creating the first US-Canada-Mexico rail network, World Grain reported on 25 March.
09 April 2021 -
Sri Lanka bans palm oil imports and new plantations
The government of Sri Lanka has banned palm oil imports and new palm plantations as well as telling producers to uproot existing plantations, Reuters reported on 5 April.
09 April 2021 -
Argentine soyabean harvest hit by highly variable yields
The soyabean harvest in central Argentina is producing highly variable yields due to irregular and uneven rains during the growth cycle, AgriCensus reported the Buenos Aires Grains Exchange (BAGE) as saying on 25 March.
08 April 2021 -
NYK Bulkship signs contract with Neste to transport renewable diesel
Singapore-based NYK Bulkship (Asia) announced on 19 March that it has signed a contract with Neste to transport renewable diesel.
08 April 2021 -
Production begins at Eni’s Gela refinery
Italian oil and gas company Eni announced on 19 March that production has started at its Gela biorefinery.
07 April 2021 -
Goodyear demands sustainable practices from soyabean suppliers
US tyre giant Goodyear announced a new sustainable soyabean procurement policy on 18 March.
06 April 2021 -
MOL Group starts biofuel production at Danube Refinery
Hungarian oil and gas company MOL Group announced on 16 March that it has started biofuel production at its Danube refinery.
05 April 2021 -
COFCO merger set to create agribusiness giant
China’s largest food company COFCO is planning to merge its international trading arm with several domestic businesses to create an agribusiness giant, Global AgInvesting reported on 16 March.
05 April 2021 -
Bayer will not appeal first Roundup weedkiller verdict to US Supreme Court
German chemical giant Bayer will not appeal a US$20.5M Roundup verdict – the first Roundup cancer lawsuit to proceed to trial – to the Supreme Court, The Recorder reported on 19 March.
02 April 2021 -
New Canadian partnership to focus on non-GMO soyabeans
Not-for-profit organisation Protein Industries Canada announced a partnership on 18 March to produce ingredients from locally-grown non-genetically modified (GM) soyabeans.
02 April 2021 -
BASF sources all palm kernel oil from RSPO
German chemical and biotech giant BASF has reached its target of procuring palm kernel oil exclusively from Roundtable on Sustainable Palm Oil (RSPO)-certified sources by 2020, the company announced on 4 March.
01 April 2021 -
Vicentin returns to full capacity following toll deals
Argentine crusher Vicentin has returned to full production at its San Lorenzo crushing plant for the first time since defaulting on its contracts in December 2019, AgriCensus reported a company spokesperson as saying on 17 March.
01 April 2021 -
BASF invests in Chinese biotech start-up Bota Bio
German chemical and biotech giant BASF has invested in Chinese biotech start-up Bota Biosciences (Bota Bio), the company announced on 16 March.
31 March 2021