Oils & Fats International News
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Corteva seed and genetics business gets a new name
Agricultural company Corteva has renamed its new seed and genetics unit as the company moves towards splitting into two separate businesses.
15 May 2026 -
Shell’s scrapped Rotterdam biofuels and blue hydrogen assets up for sale
Global oil giant Shell has put assets at its partially built biofuels and hydrogen assets in Rotterdam up for sale after the company confirmed it would not resume construction of the facility in 2025, Gas World reported.
15 May 2026 -
EC approves four GE crops for food imports and processing
The European Commission (EC) has approved four genetically engineered (GE) crops – two cotton, one maize and one soyabean – for food and animal feed, the US Department of Agriculture (USDA) reported.
14 May 2026 -
Iran war cost will be passed on to consumers, shipping giant chief executive says
Increased transport costs driven by the conflict in Iran will be passed on to consumers, the chief executive of the world’s second biggest shipping company told the BBC.
14 May 2026 -
Bayer and bp form strategic alliance to promote camelina as biofuel feedstock
German chemical giant Bayer and global energy giant bp are launching a long-term strategic collaboration to jointly scale camelina as a biofuel feedstock.
13 May 2026 -
EU Commission further simplifies EUDR
The European Commission (EC) has published a simplification review report on the EU Deforestation Regulation (EUDR), the US Department of Agriculture (USDA) reports.
13 May 2026 -
US trade court finds Trump’s 10% global tariffs unlawful
The US Court of International Trade has ruled that a 10% global tariff introduced by US President Donald Trump to most US imports is illegal, The Guardian reported.
12 May 2026 -
US House votes to remove Roundup cancer lawsuit protection for Bayer
The US House of Representatives has voted to remove a clause from the new Farm Bill that would have added a layer of protection for pesticide manufacturers, The Cool Down (TCD) reported.
12 May 2026 -
COFCO to invest US$400M in Brazil’s largest soyabean crushing complex
Chinese state-owned agribusiness COFCO has announced a major expansion of its operations in Brazil, with plans to build the country’s largest soyabean crushing complex, UkrAgroConsult reported.
11 May 2026 -
Non-tariff barrier ends for Canadian flaxseed exports to EU
The longstanding sampling and testing protocol for Canadian flaxseed exports to the European Union (EU) officially ended on 1 May, Agriculture and Agri-Food Canada (AAFC) announced.
11 May 2026 -
Fanon to build new protein and oil production plant in Croatia
Animal feed producer Fanon is set to build a new protein and oil production plant in Croatia, Poslovni dnevnik reported.
08 May 2026 -
Canadian 2026/27 oilseed production forecast to fall 4%
Canada’s total oilseed production – including canola, soyabeans and sunflowerseeds – is forecast to decrease by 4% in 2026/27 compared to the previous year to 27.55M tonnes, according to a report by the US Department of Agriculture (USDA).
08 May 2026 -
Essar Future Energy signs MOU with LX International for Indian SAF refinery
Energy technology company Essar Future Energy (EFEL) has signed a memorandum of understanding (MoU) with Korean wholesale importer and exporter LX International (LXI) to jointly develop a sustainable aviation fuel (SAF) refinery in India.
07 May 2026