Oils & Fats International News
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Calyxt’s HOLL soyabean classed as non-regulated by USDA
US plant-based technology company Calyxt has announced that its high oleic low linolenic (HOLL) soyabean has been classed as a non-regulated article by the United States Department of Agriculture (USDA).
25 June 2020 -
Safflower oil’s potential as biodegradeable alternative to petroleum hailed by scientists
Researchers are hailing an Australian high oleic safflower oil as a potential replacement for petroleum in industrial products ranging from fuels and lubricants to speciality chemicals and plastics, ABC News reported on 6 June.
24 June 2020 -
Nestlé loses battle with Impossible Foods over burger name
Swiss food and drink giant Nestlé has been ordered by a European court to rebrand its plant-based Incredible Burger following a legal challenge from US alternative meat start-up Impossible Foods, MarketWatch reported on 2 June.
23 June 2020 -
Saipol receives first delivery of Nuseed Carinata for biodiesel feedstock
French vegetable oils and biofuels producer Saipol has received its first shipment of Nuseed Carinata from Argentina for processing into biodiesel.
22 June 2020 -
China’s purchases of US agricultural goods below average
Chinese purchases of key agricultural goods from the USA are below average despite the country promising to increase orders, according to United States Department of Agriculture (USDA) data reported by AgriCensus on 10 June.
19 June 2020 -
Richardson updates North Vancouver terminal
Leading Canadian agribusiness and canola handler Richardson International has installed four new, fully automated grain handling trippers at its North Vancouver port terminal facility, World Grain reported on 3 June.
18 June 2020 -
Ukraine and Russia remain world’s top sunflowerseed producers
The top global sunflowerseed producers are still Ukraine and Russia with both countries achieving a bumper crop in the 2019/20 season, UkroAgroConsult reported on 29 May.
18 June 2020 -
Rabobank and FMO finance Agrocorp to enhance food supply chains in developing markets
Singapore-based commodity merchant Agrocorp has received a US$50M loan from Rabobank and Dutch development bank FMO to enhance food supply chains in developing markets, the companies announced on 2 June.
17 June 2020 -
lndonesia removes ethanol ban but its appetite for gasoline remains doubtful
Indonesia’s removal of a ban on pre-blended fuel has opened the way for US ethanol to enter the country but industry figures remain doubtful that the move will directly impact gasoline trade flow in the near term, S&P Global Platts reported on 4 June.
16 June 2020 -
US court blocks sales of dicamba weedkiller in the USA
Bayer faces a new setback following a ruling by a US appeals court to block sales of its dicamba weedkiller in the USA, Reuters reported on 4 June.
15 June 2020 -
Glencore renews interest in Vicentin’s stake in Renova
Anglo-Swiss commodity trading and mining giant Glencore has made a new offer to buy Argentine soya giant Vicentin’s remaining stake in oilseed crusher Renova, an industry source told AgriCensus on 3 June.
12 June 2020 -
Sime Darby Plantation Berhad sells interest in Verdant Bioscience
Malaysia-based Sime Darby Plantation Berhad has sold its 52% interest in Singapore-based Verdant Bioscience (VBS) to Ackermans & van Haaren and SIPEF, SIPEF announced on 29 May.
11 June 2020 -
Cargill study shows consumers closely monitor oils and fats in packaged food
The majority of consumers closely monitor the type and amount of fat and oil in packaged food according to the results of a study by global agribusiness giant Cargill, which were announced on 27 May.
11 June 2020