Oils & Fats International News
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lndonesia removes ethanol ban but its appetite for gasoline remains doubtful
Indonesia’s removal of a ban on pre-blended fuel has opened the way for US ethanol to enter the country but industry figures remain doubtful that the move will directly impact gasoline trade flow in the near term, S&P Global Platts reported on 4 June.
16 June 2020 -
US court blocks sales of dicamba weedkiller in the USA
Bayer faces a new setback following a ruling by a US appeals court to block sales of its dicamba weedkiller in the USA, Reuters reported on 4 June.
15 June 2020 -
Glencore renews interest in Vicentin’s stake in Renova
Anglo-Swiss commodity trading and mining giant Glencore has made a new offer to buy Argentine soya giant Vicentin’s remaining stake in oilseed crusher Renova, an industry source told AgriCensus on 3 June.
12 June 2020 -
Sime Darby Plantation Berhad sells interest in Verdant Bioscience
Malaysia-based Sime Darby Plantation Berhad has sold its 52% interest in Singapore-based Verdant Bioscience (VBS) to Ackermans & van Haaren and SIPEF, SIPEF announced on 29 May.
11 June 2020 -
Cargill study shows consumers closely monitor oils and fats in packaged food
The majority of consumers closely monitor the type and amount of fat and oil in packaged food according to the results of a study by global agribusiness giant Cargill, which were announced on 27 May.
11 June 2020 -
India vegetable oil consumption to fall by 2M tonnes, OFI’s first webinar hears
India is expected to consume 2M tonnes less vegetable oil this season compared to 2018/19 as a result of the COVID-19 pandemic, OFI’s first webinar heard on 9 June.
10 June 2020
