Oils & Fats International News
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USA plans phased approach to port fees for Chinese ships
The USA has announced it will take a phased approach to introducing port fees on Chinese-linked ships based on vessel capacity, FreightWaves reported.
30 April 2025 -
bp halts Castellon SAF project
Global energy giant bp has announced plans to halt work on its conversion project to produce sustainable aviation fuel (SAF) at its Castellon refinery in Spain due to lower-than-expected growth in the market, SAF Investor wrote.
29 April 2025 -
CPO discount vs soyabean oil expected to continue until third quarter and may spur Indian demand, analysts say
Crude palm oil (CPO)’s discount against soyabean oil is expected to last until the third quarter, according to analysts quoted in a report by The Edge Malaysia.
29 April 2025 -
European Commission takes action to simplify deforestation regulation
The European Commission (EC) has taken steps to simplify the introduction of the EU Deforestation Regulation (EUDR).
29 April 2025 -
ADM to close US soyabean crushing plant
Global agribusiness giant ADM is set to stop operations at its soyabean crushing plant in Kershaw, South Carolina, USA, according to a World Grain report.
28 April 2025 -
ADM to phase out China trading activities
ADM is phasing out its domestic trading activities in China under its Toepfer Shanghai subsidiary and initiating layoffs in Shanghai, ChemAnalyst reported on 15 April.
21 April 2025 -
EU fails to unveil plan for new Ukraine trade framework as deadline approaches
The European Union (EU) is not planning to extend the preferential trade agreement framework with Ukraine in its current form past its 5 June expiration date and is considering replacing it with a new set of rules, according to a Kyiv Independent article citing a report by Polish news portal RMF24.
18 April 2025 -
Indonesia arrests judges who cleared palm oil companies of alleged corruption
Indonesian authorities have arrested three judges who cleared three palm oil companies of alleged corruption in obtaining export permits, Reuters quoted an official as saying on 14 April.
18 April 2025 -
USDA to release funds for HBIIP biofuels infrastructure programme
The United States Department of Agriculture (USDA) is set to release funds for 543 projects totalling US$537M in 29 states under the Higher Blends Infrastructure Incentive Program (HBIIP).
17 April 2025 -
USA considers revising proposed port fees on Chinese vessels
The US Trump administration has indicated that it is likely to revise its hefty proposed fines on Chinese-built and operated ships, Safety4Sea reported on 11 April.
17 April 2025 -
BDI-BioEnergy International signs contract with Ghent Renewables to construct new biofuel feedstock refinery plant in Belgium
Austrian plant manufacturer BDI-BioEnergy International (BDI) has signed a contract with Ghent Renewables BV to construct a biofuel feedstock refinery plant in Belgium.
16 April 2025 -
Chinese tariffs on Canadian rapeseed push up costs for domestic fish farmers
Chinese fish farmers are facing higher costs after Beijing imposed a 100% tariff on Canadian rapeseed – which is used as aquafeed – in retaliation to Canadian duties on electric cars, steel and aluminium, according to a Bloomberg report.
16 April 2025 -
Bayer appeals to US Supreme Court over weedkiller cancer claims
German chemicals giant Bayer has asked the US Supreme Court to intervene in its long-running legal dispute over its weedkiller Roundup, The Guardian wrote citing an Agence France-Presse (AFP) report.
15 April 2025