Oils & Fats International News
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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 -
Brazil removes tariffs on European olive and sunflower oils
The Brazilian government’s removal of tariffs on EU imports of olive and sunflower oils – previously set at 9% – has been welcomed by European producers, Olive Oil Times wrote.
15 April 2025 -
Partnership to boost Brazil’s grain storage
Brazil’s National Supply Company (Conab) has formed a partnership with the United Nations Office for Project Services (UNOPS) and Itaipu Binacional to strengthen and increase its operational efficiency by renovating and modernising grain warehouses in two states.
14 April 2025 -
More than 98% of BASF’s sourced palm kernel oil now RSPO-certified
The latest sustainability report by German chemical and biotech giant BASF shows that 98.1% of the company’s palm kernel oil (PKO) was certified by the Roundtable on Sustainable Palm Oil (RSPO) in 2024.
14 April 2025 -
Kenya’s Court of Appeal issues injunction on genetically engineered products
The Kenya Court of Appeal has put a hold on the trade and cultivation of genetically engineered (GE) products until an appeal filed by the Kenya Peasants League is given a full hearing, according to a report by the US Department of Agriculture (USDA).
11 April 2025 -
Ukraine’s Nibulon makes international appeal for reopening of Mykolaiv and Kherson ports
Leading Ukrainian agribusiness Nibulon has made an international appeal for the opening of Mykolaiv and Kherson ports to be a key element of any agreement to end the war between Russia and Ukraine.
11 April 2025 -
lululemon enters partnership with ZymoChem
Canadian sports clothing company lululemon is partnering with California-based biotechnology developer ZymoChem to scale up production of bio-based nylon for its clothing range.
10 April 2025 -
Trump announces 90-day pause in higher tariffs for most countries but hits China with 125% tariffs
US President Donald Trump has postponed plans to hike tariffs on most countries except for China, which now faces 125% tariffs when exporting goods to the USA, The Guardian reported today.
10 April 2025 -
Louis Dreyfus’ net income declines in 2024
Global agribusiness giant Louis Dreyfus Company (LDC) saw its net income decline in 2024 as it faced persistent geopolitical, macroeconomic and environmental challenges, World Grain reported.
09 April 2025