Oils & Fats International News
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Neste acquires Court Terminal Rotterdam
Leading renewable diesel producer Neste has acquired BV’s Count Terminal Rotterdam from the First Dutch Group, Neste announced on 7 May.
20 May 2020 -
China’s cooking oil consumption forecast to increase in 2020
Cooking oil sales in China look set to increase in 2020 due to more people eating at home, the Malaysian Palm Oil Council (MPOC) reported on 6 May.
20 May 2020 -
European ethanol producers fear influx from USA and Brazil
EU ethanol producers are warning that a potential influx of cheap US and Brazilian imports threatens their businesses and have urged the European Commission (EC) to protect their industry, Reuters reported on 6 May.
19 May 2020 -
Top US ethanol producer enters hand sanitiser market as Trump tightens restrictions
Leading US ethanol producer Poet is producing hand sanitiser at two of its plants following the collapse of ethanol prices due to a drop in demand for fuel caused by COVID-19 shutdowns, CNBC reported on 7 May.
18 May 2020 -
Argentina biodiesel exports fully halted due to COVID-19
Biodiesel exports from Argentina have completely halted due to the coronavirus pandemic affecting demand in Europe, the head of th local industry chamber told Reuters on 5 May.
15 May 2020 -
USDA to award $100M for American biofuels infrastructure
The US Department of Agriculture (USDA) is making up to US$100M in competitive grants available to the American renewable fuels industry.
14 May 2020 -
Freshstack adopts blockchain technology to allow digital trading in India
Blockchain technology is being used by Freshstack Technologies to allow end-to-end digital trading among its 23,000 farmers and commodity traders in India.
14 May 2020 -
US soyabean imports to China surged 13% in March
China’s soyabean imports from the USA in March increased year-on-year following the two countries’ ‘Phase One’ trade deal although Brazil remained its main supplier, AgriCensus reported on 27 April.
13 May 2020 -
Copa-Cogeca calls on EC to tackle COVID-19 effects on protein plant market
Copa-Cogeca has urged the European Commission (EC) to take rapid action to deal with the growing risk of imbalance in the EU protein plant market and its biofuel supply chains.
12 May 2020 -
FGV warns its palm oil output will drop due to COVID-19 control order
Malaysian crude palm oil producer FGV Holdings says its output will drop this year due to the effect of the movement control order (MCO) put in place since 18 March to combat COVID-19, The Star reported on 28 April.
11 May 2020 -
Golden Agri-Resources responds to complaints to RSPO
Singapore-listed Golden Agri-Resources (GAR) has responded to complaints made to the Roundtable on Sustainable Palm Oil (RSPO) that it paid bribes to cover up the improper use of protected forest in Indonesia, as first reported by the Wall Street Journal (WSJ).
08 May 2020 -
Bunge grain elevators acquired by Zen-Noh
Zen-Noh Grain Corp has acquired 35 US interior elevators from Bunge North America, World Grain reported on 22 April.
07 May 2020 -
Avril closes French biodiesel plants due to drop in demand
French vegetable oil and biodiesel company Groupe Avril has temporarily closed some of its production as demand drops due to the COVID-19 pandemic, biofuels-news.com reported on 22 April.
07 May 2020