Oils & Fats International News
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Bunge offers to buy two Brazilian soya processing plants
US agribusiness giant Bunge has placed a bid to buy two soya processing plants in Brazil from local soya crusher Imcopa, reinforcing its position as the country’s biggest oilseeds processor, Reuters reported on 18 February.
05 March 2020 -
Strong performance in tropical oils boost Wilmar profits
Leading Asian agribusiness Wilmar saw core net profits jump 120% to US$438.4M for the fourth quarter ended 31 December, World Grain reported on 20 February.
04 March 2020 -
Ukraine may lose out on rapeseed and corn exports to the EU
The Ukrainian Grain Association (UGA) has warned that the country could lose its corn and rapeseed exports to Europe due to the lack of greenhouse gas emissions (GHG) reporting by producers.
03 March 2020 -
Netherlands against EU palm oil biofuel ban
The Netherlands’ foreign affairs minister Stef Blok said his country supported sustainably produced palm oil and did not back the European Union’s blanket ban on the use of palm oil to produce biofuels, Indonesia’s Tempo newspaper reported on 25 February.
02 March 2020 -
NGOs object to French tax benefit for palm fatty acid distillate (PFAD) biofuels
Several NGOs are objecting to France’s return of palm fatty acid distillate (PFAD) to a list of biofuels benefitting from a tax exemption, Euractiv reported on 24 January.
02 March 2020 -
Indonesia files WTO lawsuit against EU
Indonesia has filed a lawsuit at the World Trade Organization (WTO) against the EU, claiming the bloc’s restrictions on palm oil-based biofuel are unfair, the country’s trade ministry said in a statement on 15 December.
01 March 2020 -
European food companies target mineral oil hydrocarbon levels in palm oil
Several European food companies have asked top palm oil producers Indonesia and Malaysia to cut the amount of mineral oil hydrocarbons in their palm oil, Reuters reported on 18 February.
28 February 2020 -
ASTM International approves new production pathway for sustainable aviation fuel
A new sustainable aviation fuel developed by US research and engineering company Applied Research Associates (ARA) and Chevron Lummus Global (CLG) has been approved by international standards organisation ASTM International.
27 February 2020 -
ADM expands production of non-GM soya protein
The Europoort facility recently starting producing the concentrate, which is available as a powder and is suitable for all types of food applications.
27 February 2020 -
Bayer teams up with Meiogenix to boost genetic diversity in crop breeding
French biotech company Meiogenix has formed a partnership with German chemicals giant Bayer to advance the development of plant breeding and genome editing technologies.
26 February 2020 -
Spanish olive oil industry looks to biodiesel to relieve market pressure from oversupply
Spanish farmers unions are proposing that low quality lampante olive oil be should be used as feedstock for biodiesel rather than paying for it to be stored until the market improves, the Olive Oil Times reported.
25 February 2020 -
Indonesia to start trial use of B40
The Indonesian Biodiesel Producers Association (APROBI) will start the trial use of B40 fuel in March following the success of its B30 programme, the Jakarta Post reported on 11 February.
24 February 2020 -
Genting Plantations unwinds biorefinery deal with Elevance
Malaysia’s Genting Plantations Bhd (GENP) is buying back a 25% stake in a planned biorefinery plant from US technology partner Elevance Renewable Sciences, the Star newspaper reported on 12 February.
21 February 2020