Oils & Fats International News
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USDA forecasts strong Argentine soyabean production and crop
Argentina’s soyabean crop and production is expected to be strong in the 2024/25 marketing year although forecasts could be impacted by a developing La Niña weather pattern, according to a report by the US Department of Agriculture (USDA).
23 January 2025 -
Canada approves Bunge deal to acquire Viterra
The Canadian government has approved global agribusiness giant Bunge Global’s deal to acquire Glencore’s agriculture division, Viterra, but with a range of conditions, World Grain wrote on 16 January.
23 January 2025 -
Civil society groups urge EU to stop incentivising soyabean-based biofuels
The European Commission (EC) has been urged to stop incentivising soyabean-based biofuels by non-profit organisations including the World Wide Fund for Nature (WWF), Oxfam, Birdlife and clean transport campaign group Transport & Environment (T&E).
22 January 2025 -
Neste and Bayer in project to develop winter canola ecosystem in USA
Finnish renewable fuels producer Neste is working in partnership with German chemical giant Bayer to develop a winter canola ecosystem in the USA to meet increasing demand for biomass-based renewable fuel feedstocks.
22 January 2025 -
Dry conditions forecast in Brazil and Argentina
Drier and warmer weather conditions are forecast in January in some parts of South America, including Brazil and Argentina, according to a World Grain report.
22 January 2025 -
Axens to supply technology for HVO/SAF plants in Portugal, Malaysia and Pakistan
Clean fuels company Axens is set to provide technology for hydrotreated vegetable oil (HVO)/sustainable aviation fuel (SAF) projects in Portugal, Malaysia and Pakistan.
21 January 2025 -
Congress introduces bill to allow US purchase of Panama Canal
The US Congress has introduced legislation that would allow the USA to buy the Panama Canal, FreightWaves wrote.
21 January 2025 -
Bayer acquires camelina germplasm and IP from Smart Earth Camelina
German chemical giant Bayer has acquired camelina germplasm, intellectual property assets (IP) and materials from Canadian camelina company Smart Earth Camelina.
20 January 2025 -
Canada’s Tidewater files anti-dumping complaint against US renewable diesel imports
Canadian biofuels producer Tidewater Renewables has asked the federal government to impose countervailing and anti-dumping duties on US renewable diesel imports.
20 January 2025 -
Peru palm oil producer linked to deforestation
Peruvian palm oil producer the Ocho Sur group has been linked to deforestation in the South American country, according to a report by non-profit journalism organisation, the Pulitzer Center.
17 January 2025 -
Indonesia curbs exports of used cooking oil (UCO) and palm oil mill effluent (POME) to help domestic market
The Indonesian government has issued a new regulation to curb exports of used cooking oil (UCO) and palm oil residue in a bid to ensure supply for its domestic market, Reuters reported.
17 January 2025 -
China approves new GM, gene-edited crops
The Chinese government has approved five gene-edited (GE) crops and 12 types of genetically modified (GM) soyabean, corn and cotton in a bid to boost high-yield varieties, reduce reliance on imports and ensure food security, Reuters reported.
16 January 2025 -
EU national governments approve definitive duties on biodiesel from China
National governments in the European Union (EU) have approved definitive duties on biodiesel (HVO and FAME) from China.
16 January 2025