Oils & Fats International News
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Cargill, Maersk Tankers and Mitsui to reduce GHG in shipping
Global agribusiness giant Cargill has partnered up with Maersk Tankers and Mitsui & Co to accelerate the reduction of greenhouse gases (GHG) within shipping.
10 July 2019 -
World olive oil cultivation area decreases
The global surface area of olive trees cultivated for commercial purposes has decreased for the first time in 22 years.
10 July 2019 -
Eni opens biorefinery in Gela
Italian oil and gas multinational Eni Spa has launched its 750,000 tonnes Gela biorefinery, which will be able to utilise increasing quantities of used vegetable oil, animal fat, algae and by-products to produce renewable diesel or hydrotreated vegetable oil (HVO).
09 July 2019 -
Record soyabean and rapeseed production forecast for Russia
Russia is expected to set new records in soyabean and rapeseed production for the 2019/20 marketing year, according to an 11 July Global Agricultural Information Network report from the US Department of Agriculture (USDA).
07 July 2019 -
Canada planting less canola
Canada is forecast to see a reduced canola planted area as ending stocks rise in 2019/20 on the expectation of turbulent global oilseed trade, according to a 21 May Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).
05 July 2019 -
McDonalds to update washing machines for biofuel production
German appliance manufacturer Miele is updating the washing machines it hosts at 1,300 McDonald’s restaurants across the UK to pull oil from used mops, towels and cleaning cloths to recycle into biofuel for the fast food giant’s delivery fleet.
04 July 2019 -
China revokes Canadian firm’s licence to ship canola in escalating trade tensions
China has cancelled a major Canadian grain handler’s registration to export canola seeds to China in the latest flare-up of diplomatic and trade tensions between the two countries, CBC News reports.
02 July 2019 -
Kernel acquires interest in ViOil Holding Ltd
Kernel Holding SA, Ukraine’s largest producer and exporter of sunflower oil, announced on 20 February that it had acquired a 5.85% interest in ViOil Holding Ltd, which operates two multi-seed oil extraction plants with a crushing capacity of 1.1M tonnes/year.
02 July 2019 -
Global agribusiness group Olam to invest in future strategic plan
Edible oils have been identified as one of 12 key business areas which Asian food and agribusiness group Olam International plans to invest US$3.5bn in over the next six years.
01 July 2019 -
EC clears US soyabeans for biofuel
The European Commission (EC) has decided that US soyabeans can be used in biofuels in the EU as part of its push to strengthen trade relations with the USA.
01 July 2019 -
EU Commission commits to the development of plant proteins
A European Commission (EC) report on plant proteins has proposed several strategies to develop production in an economically and environmentally sound way, World Grain reports.
30 June 2019 -
China retains anti-dumping tariffs on US distillers grains
China will maintain its anti-dumping and anti-subsidy tariffs on imports of US distillers grains (DDGs), a by-product of ethanol production used for animal feed, Reuters reported on 19 June.
28 June 2019 -
US federal grand jury charges 21 in grease theft ring
Twenty-one people have been indicted by a grand jury in the USA for stealing large quantities of used cooking oil (UCO) in a major grease theft ring.
27 June 2019