Oils & Fats International News
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FDA delays implementation of ‘healthy’ label rule
The US Food and Drug Administration (FDA) has delayed the introduction of its new ‘healthy' label rule by about two months, CNN reported.
19 March 2025 -
RSPO new certification, trade and traceability system now live
Global sustainability organisation the Roundtable on Sustainable Palm Oil (RSPO) has launched its new certification, trade and sustainability system.
18 March 2025 -
Cost of rebuilding Ukraine’s agriculture sector expected to be more than US$55bn
The cost of rebuilding Ukraine’s agriculture sector is expected to be more than US$55bn, according to a joint report by the government of Ukraine, the World Bank Group, the European Commission (EC) and the United Nations (UN), reported by World Grain.
18 March 2025 -
EU aviation industry publishes toolkit to fast-track SAF production in Europe
Key players in Europe’s aviation industry, including airlines, airports and manufacturers, have published a toolkit to fast-track sustainable aviation fuel (SAF) in Europe.
17 March 2025 -
China sets higher grain and oilseed production targets
China has set higher grain and oilseed production targets and increased its 2025 budget for storing agricultural commodities in a bid to secure its long-term food security amid its trade war with the USA, World Grain reported from a Reuters article citing government data.
17 March 2025 -
Astarta to build new oilseed processing plant in Khmelnystia region of Ukraine
Agro-industrial company Astarta has announced plans to build a new US$76M oilseed processing plant in the Ukrainian region of Khmelnystia.
14 March 2025 -
Over 50% of adults worldwide predicted to be obese or overweight by 2050
More than half of all adults around the world are predicted to be overweight or obese by 2050, according to a new study of global data reported by the BBC.
14 March 2025 -
Bayer shares plunge after cash-raising plans unveiled
Shares in German chemical giant Bayer plunged by over 10% after the group said it could issue new shares to handle potentially costly US lawsuits, the Jordan Times wrote.
13 March 2025 -
Canada Border Services Agency launches anti-subsidy and anti-dumping duty probe into US renewable diesel imports
The Canada Border Services Agency (CBSA) has launched an anti-subsidy and anti-dumping duty probe into renewable diesel imports from the USA.
13 March 2025 -
Syngenta acquires Novartis genetic strains for agriculture use
Global crop protection and seed company Syngenta has acquired natural compounds and genetic strains for agricultural use from Swiss-US multinational pharmaceutical corporation Novartis.
12 March 2025 -
China announces 100% tariff on rapeseed oil and meal from Canada
China announced on 8 March that it was imposing 100% tariffs on rapeseed oil and meal from Canada, leaving the country and new prime minister Mark Carney to juggle trade wars on two major fronts, CEO Morning Brief reported, citing a Bloomberg article.
12 March 2025 -
European court dismisses challenge over exclusion of crop-based biofuels from EU SAF regulation
The General Court of the European Union (EGC) has dismissed a legal challenge brought by European biofuel producers over the exclusion of crop-based biofuels from the EU's sustainable aviation fuel (SAF) regulation, Ethanol Producer magazine wrote.
12 March 2025 -
China sells Panama port terminals to US investment firm in US$14bn deal
Hong Kong-based logistics company CK Hutchison has announced that a US consortium - including US investment firm BlackRock - will buy an 80% stake in its business that controls two ports at the Panama Canal, The Guardian reported.
11 March 2025