Oils & Fats International News
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OMV Petrom awards contract to John Wood Group for SAF refinery in Romania
Romanian energy company OMV Petrom has awarded UK engineering company John Wood Group (Wood) a contract for work at its sustainable aviation fuel (SAF) refinery in Romania.
09 January 2025 -
Panel rules in favour of US in GM corn dispute with Mexico
A trade dispute panel has ruled that restrictions placed by Mexico on genetically modified (GM) corn exports from the USA violate the US-Mexico-Canada (USMCA) agreement, World Grain wrote.
09 January 2025 -
EU palm oil imports continue to decline
Demand for palm oil in the European Union (EU) continues to decline partly due to EU regulations requiring proof of deforestation-free supply chains, according to EU Commission import figures reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
08 January 2025 -
Viterra drops plan to acquire Cargill sites in South Australia
Leading agricultural network firm Viterra has dropped its plans to acquire five sites in South Australia (SA) from global agribusiness giant Cargill, World Grain wrote.
08 January 2025 -
BASF to sell Food and Health Performance Ingredients business to Louis Dreyfus Company
German chemical and biotech giant BASF is selling its Food and Health Performance Ingredients business to Louis Dreyfus Company (LDC).
08 January 2025 -
FDA updates “healthy” claim, providing a refreshed tool for consumers
The US Food and Drug Administration (FDA) has updated the definition of what counts as “healthy” in a bid to help consumers make healthier choices.
07 January 2025 -
Panama’s president rejects Trump’s claim of Chinese interference at canal
Panamanian President José Raúl Mulino has rejected claims made by US President-elect Donald Trump of Chinese interference at the Panama Canal, FreightWaves reported.
07 January 2025 -
CPM acquires Jacobs Global
Leading process equipment and technology supplier CPM has acquired Jacobs Global, a supplier of aftermarket parts for hammermills and pellet mills.
06 January 2025 -
Malaysian exports of palm oil and related products total US$22bn in Jan-Nov 2024
Malaysian exports of palm oil and related products totalled US$22bn (MYR99.3bn) in January-November 2024, an increase of US$2.8bn (MYR12.5bn) compared to the same period the previous year, The Edge Malaysia wrote.
06 January 2025 -
BASF partners with INOCAS to scale up Macaúba oil supply for personal care products
German chemical and biotech giant BASF has partnered with Brazilian-German company INOCAS to scale up Macaúba oil supply for the personal care product sector.
03 January 2025 -
International Air Transport Association publishes new SAF production estimates
The International Air Transport Association (IATA) has published new sustainable aviation fuel (SAF) production estimates.
03 January 2025 -
Study shows coconut plantations have led to deforestation on over 80% of Pacific atolls
A new study shows coconut plantations have led to deforestation on more than 80% of Pacific atolls, with coconut palms covering over half of their forested areas, global conservation organisation The Nature Conservancy (TNC) writes.
02 January 2025 -
Estonian fuel retailer fined €6M for biofuel violations and alleged market distortion
Estonian fuel retailer Olerex has been fined €6M (US$6.3M) for biofuel violations and alleged market distortion, ERR News reported from an article by investigative weekly Eesti Ekspress.
26 December 2024