Oils & Fats International News
-
POSCO Daewoo to buy 75% share of Ukraine’s Mykolaiv terminal
Korea’s largest trading company, POSCO Daewoo, has signed an agreement with Ukraine’s Orexim Group to buy 75% of an export grain terminal in Mykolaiv, southern Ukraine, one of the main export hubs around the Black Sea, reported PortSEurope on 14 February.
27 February 2019 -
Nisshin OilliO chooses Hammonia Oleo as distributor in Germany
Japan’s Nisshin OilliO Group has selected Hammonia Oleochemicals GmbH as its distributor of beauty and personal care ingredients in Germany, effective 1 February.
26 February 2019 -
Jaencoop to become second largest global olive oil producer after merger
Olive oil production cooperatives Jaencoop and Olivar de Segura have agreed to merge after several years of negotiations, the Olive Oil Times reported on 11 February.
25 February 2019 -
VTB to acquire Novorossiysk Grain Terminal
Russia’s second largest bank, VTB, reached an agreement on 14 February to buy Novorossiysk Grain Terminal, one of country’s largest port terminals for the transshipment of grains and oilseeds.
22 February 2019 -
Coshocton Grain building soybean processing plant
Ohio-based grain company Coshocton Grain has begun construction on a new soyabean processing plant at its site in Coshocton, reported World Grain on 11 February.
21 February 2019 -
EU exempts eight Argentine biodiesel producers from duties
Eight Argentine biodiesel producers will be allowed to export to the EU without paying duties as long as they sell their product at a set minimum price, the EU Official Journal said on 12 February.
21 February 2019 -
Finnish transportation fuel to be 30% biofuel by 2030
The Parliament of Finland voted on 6 February in favour of a law requiring transportation fuel to be comprised of 30% biofuel by 2030, with advanced biofuels accounting for 10% of transportation fuel by the same year.
20 February 2019 -
Wastes and residues cannot supply large-scale aviation biofuel production
The limited amount of wastes and residues globally will make it impossible for airlines to avoid using virgin vegetable oils if they adopt aviation biofuel on a large scale, according to a new report from Biofuelwatch published on 11 February
19 February 2019 -
Cargill invests in Hyperledger Grid
Cargill is investing its own digital engineering resources to develop Hyperledger Grid, a project which aims to streamline supply chains by using blockchain and other digital solutions.
18 February 2019 -
Illegal GM rapeseed strain found at German and French farms
French and German farmers have been forced to dig up thousands of hectares of rapeseed after authorities found an illegal genetically modified (GM) strain mixed in with seeds they purchased from Bayer-Monsanto, RT reported on 8 February.
15 February 2019 -
Ed Sheeran and Paul McCartney concerts to be powered by biodiesel
Local press in Argentina reported that the upcoming concerts of singers Ed Sheeran and Paul McCartney would be powered by biodiesel produced from used cooking oil, Biofuels Digest wrote on 5 February.
14 February 2019 -
ENI and Pertamina in agreement for green fuel refinery
Indonesian state-owned energy company PT Pertamina said in a statement on 31 January that it has signed an agreement with Italian oil company ENI SpA to develop a green refinery in Indonesia and to process a palm oil-based fuel mixture in Italy, Reuters reports.
14 February 2019 -
Turkish forces accused of stealing Syrian olives
The Turkish government has been accused of stealing olives from Syria and pressing them into oil to pass off as its own produce to EU countries, Fox News reported.
13 February 2019