Oils & Fats International News
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Reduced fear of fat drives growth of sector
A new report says younger consumers are losing their fear of fat, Food Business News reported on 17 November.
04 December 2020 -
Scramble ahead for soyabean and corn planting area as demand depletes stock, says former Bunge CEO
A surge in global and Chinese demand would deplete stock levels and drive a clash between the soyabean and corn sectors, AgriCensus quoted Bunge’s former CEO Soren Schroder as saying in a report on 18 November.
04 December 2020 -
Olive oil suppliers join IBM Food Trust blockchain
Spanish olive oil cooperative Conde de Benalúa and Argentinian olive oil supplier Rolar de Cuyo have joined the IBM Food Trust’s blockchain network, Ledger Insights reported on 11 November.
03 December 2020 -
Soyabean imports in China to reach record level in 2020
China is expected to import a record high of 100M tonnes of soyabeans in 2020, AgriCensus reported a US Soybean Export Council (USSEC) director as saying at an industry event on 17 November.
03 December 2020 -
Yield10 teams up with Rothamsted Research to produce omega-3 oils in camelina
US agricultural bioscience company Yield10 Bioscience is working with UK-based Rothamsted Research on the development of advanced technology for producing omega-3 oils in camelina, Yield10 announced on 12 November.
02 December 2020 -
Malaysian CPO price set to rise after India tax cut
Crude palm oil (CPO) prices are set to increase following the Indian government’s move to cut import duties in an effort to stop food inflation, sources told AgriCensus on 26 November.
02 December 2020 -
COVID-19 restaurant shutdowns hit biofuel feedstock supply
Oil refiners are facing a drop in used fats for use as feedstocks in biofuels due to restaurant closures during COVID-19 lockdowns, Bloomberg reported on 21 November.
01 December 2020 -
Asia’s RCEP trade deal set to remove biofuel tariffs
A new free-trade agreement (FTA) between 15 Asia-Pacific countries will phase out tariffs on a range of biofuels and feedstocks, Argus Media reported on 16 November.
30 November 2020 -
RSPO refutes abuse allegations in palm oil sector as CPOPC looks into AP claims
Allegations made in an Associated Press (AP) article about abuse in the palm oil sector are completely and categorically banned under the Roundtable on Sustainable Palm Oil’s (RSPO) certification standards, the association said on 19 November.
27 November 2020 -
Croda signs five-year deal with Pfizer to supply high-purity lipids used in COVID-19 vaccine
A five-year deal has been agreed between speciality chemical company Croda Health Care and US pharmaceutical giant Pfizer to supply high-purity lipids used in the manufacture of a COVID-19 vaccine, Croda announced on 10 November.
27 November 2020 -
CVR Energy plans potential renewable diesel project in Kansas
US petroleum refining company CVR Energy is planning a renewable diesel project at its Kansas site, Reuters reported on 3 November.
26 November 2020 -
GOED study refutes earlier findings on fish oil oxidation
A new study funded by the Global Organization for EPA ad DHA omega-3s (GOED) examines potential fish oil oxidation following earlier findings that raised toxicity concerns, Nutra Ingredients reported on 2 November.
26 November 2020 -
The Black Sea Region – Price Driving Forces 20/21 online conference will be held on 8 December
UkrAgroConsult will team up with the top agribusiness experts to take a look back at 2020 and analyse how the grain and oilseeds markets have evolved.
25 November 2020
Brazil gives go-ahead for soyabean and soya oil imports for biodiesel production
