Oils & Fats International News
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Yield10 teams up with Rothamsted Research to produce omega-3 oils in camelina
US agricultural bioscience company Yield10 Bioscience is working with UK-based Rothamsted Research on the development of advanced technology for producing omega-3 oils in camelina, Yield10 announced on 12 November.
02 December 2020 -
Malaysian CPO price set to rise after India tax cut
Crude palm oil (CPO) prices are set to increase following the Indian government’s move to cut import duties in an effort to stop food inflation, sources told AgriCensus on 26 November.
02 December 2020 -
Indonesian palm oil biodiesel consumption may impact export volumes
Indonesia is forecast to consume over 8M tonnes of palm oil this year to meet domestic demand for biodiesel, which may hit volumes available for export, the Jakarta Globe reported on 4 February.
02 December 2020 -
COVID-19 restaurant shutdowns hit biofuel feedstock supply
Oil refiners are facing a drop in used fats for use as feedstocks in biofuels due to restaurant closures during COVID-19 lockdowns, Bloomberg reported on 21 November.
01 December 2020 -
Asia’s RCEP trade deal set to remove biofuel tariffs
A new free-trade agreement (FTA) between 15 Asia-Pacific countries will phase out tariffs on a range of biofuels and feedstocks, Argus Media reported on 16 November.
30 November 2020 -
RSPO refutes abuse allegations in palm oil sector as CPOPC looks into AP claims
Allegations made in an Associated Press (AP) article about abuse in the palm oil sector are completely and categorically banned under the Roundtable on Sustainable Palm Oil’s (RSPO) certification standards, the association said on 19 November.
27 November 2020 -
Croda signs five-year deal with Pfizer to supply high-purity lipids used in COVID-19 vaccine
A five-year deal has been agreed between speciality chemical company Croda Health Care and US pharmaceutical giant Pfizer to supply high-purity lipids used in the manufacture of a COVID-19 vaccine, Croda announced on 10 November.
27 November 2020 -
CVR Energy plans potential renewable diesel project in Kansas
US petroleum refining company CVR Energy is planning a renewable diesel project at its Kansas site, Reuters reported on 3 November.
26 November 2020 -
GOED study refutes earlier findings on fish oil oxidation
A new study funded by the Global Organization for EPA ad DHA omega-3s (GOED) examines potential fish oil oxidation following earlier findings that raised toxicity concerns, Nutra Ingredients reported on 2 November.
26 November 2020 -
The Black Sea Region – Price Driving Forces 20/21 online conference will be held on 8 December
UkrAgroConsult will team up with the top agribusiness experts to take a look back at 2020 and analyse how the grain and oilseeds markets have evolved.
25 November 2020 -
Cargill expands segregated sustainable palm oil capacity in North America
Global agribusiness giant Cargill is expanding its segregated sustainable palm oil capacity in North America, the company announced on 11 November.
25 November 2020 -
Neste refutes report claiming sustainability violations in its palm oil supply chain
Finnish renewable fuels producer Neste issued a statement on 5 November rejecting claims made in a report that its suppliers had been involved in sustainability violations.
24 November 2020 -
Land O’Lakes attributes record butter sales to rise in home cooking during pandemic
US dairy giant Land O’Lakes is selling record amounts of butter as consumers cook more at home during the COVID-19 pandemic, Bloomberg reported on 30 October.
23 November 2020